Prime Approved Development Opportunity - Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just minutes from Wynwood, the Design District, Downtown, and the Health District, and under a mile from Liberty Square's major redevelopment. Located in an Opportunity Zone, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!
| MLS # | A11986571 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 169 |
| Listing Provided By | Coldwell Banker Realty | Michael Suarez |
| Zoning | 6062 |
|---|---|
| Acreage | 0.72 |
| Lot Features | Less Than One Acre |
|---|
| Tax Annual Amount | 5431 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33147 |
| Area | 31 |
| Community Name | FRANCES PK |
| Listing VS Median (in FRANCES PK) | |
Price: $2,000,000 low | high Med: $0 On site: 169 low | high Med: | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33147 |
| Area | 31 |
| Community Name | FRANCES PK |
| Listing VS Median (in FRANCES PK) | |
Price: $2,000,000 low | high Med: $0 On site: 169 low | high Med: | |
![]() | $249,0002381 Nw 63rd StMiami, FL 33147 |