Frances Park, 2390 NW 62nd St

2,500,000-20%
$2,000,000
0.69
Acre
Status
Active
Size
0.69 Acres (2,806 m2)
Price
$2,898,551/Acre ($713/m2)
Type
Land
MLS Number
A11986571
On Site
37 Days
Updated
13 Days ago
Page Views
0
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. gr... Read more

Features

All features
  • Property SqFt: 30209
  • Remarks: 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!
  • Internet Remarks: 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!
  • Waterfront: No info
  • Directions: North
  • Days on Market: 24
  • Compass Point: NW
  • Office Name: Coldwell Banker Realty
  • Area: 30209
  • Taxes: 5431
  • Tax Year: 2025
  • Listing Date: 2026-03-20T12:09:04.000-00:00
  • Lot Size Square Feet: 30209

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Price History

04/13/2026
Date
Price Reduced
Event
$2M
Price
-20%
Change Rate
$66 ft2 / $713 m2
Price Per
03/20/2026
Date
Listed
Event
$2.5M
Price
$83 ft2 / $891 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Maria VincesColdwell Banker Realty • Buyer Agency Compensation .

Listing Location & Street View
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