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.
| MLS # | A11899551 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 307 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Mauricio Villasuso |
| Zoning | UC CENTER |
|---|---|
| Acreage | 0.24 |
| Tax Annual Amount | 4583 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33147 |
| Area | 31 |
| Community Name | PHELANS MANOR |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33147 |
| Area | 31 |
| Community Name | PHELANS MANOR |