2181 90Th StMiami, FL 33147

Property Details for 2181 90Th St

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 7,288 square foot residential land parcel in Miami, Florida, presents a unique development opportunity. Located at 2181 NW 90th St, Miami, FL 33147 (APN 30-3103-023-0190), this property boasts a fully approved site plan for a mixed-use development, originally permitting 250 units per acre up to 15 stories. Due to recent upzoning, revised plans for 26 units have been resubmitted. The property is situated in a rapidly developing area, with over 500 units of residential and retail planned within one block. Nearby projects include an under-permitting development at 8929 NW 22nd Ave and a neighboring site plan for 48 units listed at $2 million. The area's growth is further evidenced by a large, six-tower project (3,400 units) at 8400 NW 25th Ave. Market analysis indicates rents exceeding $4.00 per square foot for smaller units in West Little River. All utilities are readily available, and no costly extensions are needed. Importantly, this property is not located in a flood zone. The asking price of $469,000 represents the lowest price per buildable unit with site plan approval currently available. The sale includes a tree removal permit. Furthermore, a zoning consultant's services are included post-closing to assist with design modifications, should the buyer desire changes to the existing plans.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8566

Longitude

-80.2335

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