2390 NW 62nd St Miami, FL 33147
Brownsville NeighborhoodEstimated payment $20,546/month
Total Views
1,357
0.72
Acre
$5,000,000
Price per Acre
31,363
Sq Ft Lot
Highlights
- 0.72 Acre Lot
- Corner Lot
- No HOA
About This Lot
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!
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,431
Year Built
- 1961
Lot Details
- 0.72 Acre Lot
- North Facing Home
- Corner Lot
- Additional Parcels
- Property is zoned 6062
Location
- City Lot
Community Details
- No Home Owners Association
- Frances Pk Condos
- Frances Pk Subdivision
Listing and Financial Details
- Assessor Parcel Number 30-31-15-032-0050
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,627 | $377,979 | -- | -- |
| 2023 | $7,627 | $343,618 | $0 | $0 |
| 2022 | $5,431 | $312,380 | $279,485 | $32,895 |
| 2021 | $3,995 | $187,255 | $0 | $0 |
| 2020 | $3,571 | $234,524 | $204,402 | $30,122 |
| 2019 | $3,145 | $196,435 | $167,238 | $29,197 |
| 2018 | $2,527 | $140,689 | $111,492 | $29,197 |
| 2017 | $2,569 | $140,689 | $0 | $0 |
| 2016 | $2,439 | $133,108 | $0 | $0 |
| 2015 | $2,486 | $131,642 | $0 | $0 |
| 2014 | -- | $131,248 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2025 01/28/25 | For Sale | $3,600,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $190,000 | Extreme Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Seller Take Back |
Source: Public Records
Similar Properties in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11740385
APN: 30-3115-032-0050
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