90 2200, Miami, FL 33147

$1,490,000

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List Price
$1,490,000
Price Change
▼ $460,000 1769049231
MLS#
A11899551
County
Miami-Dade
Community
Phelans Manor
Subdivision
Phelans Manor

Property Description

PRICE IMPROVEMENT — $300,000 BASIS RESET | NOW OFFERED AT $1,490,000. Seller financing available with flexible terms. ±10,786 SF mixed-use development site in West Little River with near-approved plans for an 8-story, 50-unit project comprising 48 residences (36 1B/1B, 6 1B+Den/1B and 6 2B/2B, including 6 workforce units) plus 2 ground-floor retail spaces totaling 1,666 SF. Includes 34 parking spaces, with 7 EV-ready stalls. Approvals are nearing completion, significantly reducing entitlement risk and predevelopment time. Located at NW 22nd Ave and NW 90th St within an Opportunity Zone. Current pro forma projects approximately $1.26M in annual gross potential income. Plans, financials and full development package available upon request.

Additional Information

Front Exposure
West
Status Label
ACTIVE
Lot Description
No Misc/Improvements
Taxes
$4,583
Acres
0.24

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Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: