ActiveMLS® A11986571

$2,000,000

2390 NW 62nd Street, Miami, FL 33147

Beds: —
Baths: 0
Sqft: —

Est. payment$11,830/mo

Home type: Unimproved Land
Year built: —
Lot size: 31,363 sqft
Price / sqft: —
HOA: $0/mo
Community: FRANCES PK

Property description

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!

Listing activity

Days on market: 187
Listed: Mar 20, 2026
MLS listing updated: Sep 3, 2026
Feed last checked: 8 minutes ago

Listed by Michael J Suarez · Coldwell Banker Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Property

Exterior

Other structures: None
Waterfront property: No

Lot

Lot size: 31,363 sqft
Lot size (acres): 0.72 acres
Lot dimensions: 30209
Lot features: Other
Zoning: 6062
Road surface: Paved
Road frontage: Easement, Public Road
Road responsibility: Public Maintained Road

Construction

Type & style

Home type: Unimproved Land

Materials

Faces: North

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: FRANCES PK
MLS area: 2310

Association

Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33147

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11986571
Possession: Negotiable
Original list price: $2,500,000
Parcel number: 3031150320050
Annual property tax: $5,431
Tax year: 2025
Tax legal description: FRANCES PARK PB 19-5 LOTS 6 THRU 12 LESS N20FT FOR R/W BLK 1 LOT SIZE 18582 SQ FT OR 13171-1877 0187 1 COC 24845-3916 25616-2557 0706 4

Additional MLS details

Reported by the listing source

Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
County Or Parish: Miami-Dade
Days On Market: 187
Direction Faces: North
Elementary School: Agenoria S. Paschal / Olinda
High School: Miami Northwestern
List Price: 2000000
Listing Contract Date: 2026-03-20
Lot Size Acres: 0.72
Lot Size Dimensions: 30209
MLSArea Major: 2310
Middle Or Junior School: Brownsville
Mls Status: Active
On Market Date: 2026-03-20
Photos Count: 3
Postal Code: 33147
Price Change Timestamp: 2026-04-13T21:07:18Z
Property Sub Type: Unimproved Land
Property Type: Land & Docks
Road Frontage Type: Easement, Public Road
Road Surface Type: Paved
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-20T04:00:00Z
Subdivision Name: FRANCES PK
Water Source: Public
Tax Annual Amount: 5431
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 20, 2026	ListedMIAMI REALTORS® MLS	$2,500,000
Apr 13, 2026	Price reducedMIAMI REALTORS® MLS	$2,000,000

Public tax history

Year	Property taxes	Assessment
2025	$5,431	—

Payment calculator

Estimated monthly payment$11,830/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $10,378
Property taxes: $453
Insurance: $1,000
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FRANCES PK

Miami · Miami-Dade County · 33147

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Agenoria S. Paschal / OlindaElementary

—

BrownsvilleMiddle

—

Miami NorthwesternHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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