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Counties
2540 NW 90th St Land in Unincorporated Dade County, FL 33147
Closed
$980,000
0.47
AcreStatus
Sold - May 29, 2026
Size
0.47 Acres (1,904 m2)
Price
$2,085,106/Acre ($515/m2)
Type
Land
MLS Number
A12007908
On Site
61 Days
Updated
16 Days ago
Page Views
0
Value-Add Multifamily Opportunity with Significant Upside – 2540 NW 90th StRare opportunity to acquire a 7-unit, 12 bed, 7 Bath multifamily property in Miami-Dade with substantial value-add and redevelopment potential. The property is currently only 28.6% occu... Read more
Features
All features
- Current Use: MultiFamily, Unimproved
- Approx SqFt Total Area: 20500
- Property SqFt: 20500
- Remarks: Value-Add Multifamily Opportunity with Significant Upside – 2540 NW 90th StRare opportunity to acquire a 7-unit, 12 bed, 7 Bath multifamily property in Miami-Dade with substantial value-add and redevelopment potential. The property is currently only 28.6% occupied (2 of 7 units). Mix of 4 x 2 bedroom and 3 x 1 bedroom unitsWith a projected pro forma rent of ~$11, 150/month (±$133, 800 annually) versus current income of ~$3, 150/month, investors can achieve a 3-4X increase in gross income by stabilizing the asset. Laundry Income Potential in Storage Unit currently not being utilized. Zoned 6051 UC EDGE - MIXED USE CORRIDOR (MC) 4 MAX HT. Located near Rapid Transit Zones (RTZ) and eligible for Live Local Act (SB102) incentives, this asset presents both a strong cash-flow play and long-term redevelopment opportunity.Ideal for investors seeking a value-add renovation, or future redevelopment in a high-demand rental corridor.
- Internet Remarks: Value-Add Multifamily Opportunity with Significant Upside – 2540 NW 90th StRare opportunity to acquire a 7-unit, 12 bed, 7 Bath multifamily property in Miami-Dade with substantial value-add and redevelopment potential. The property is currently only 28.6% occupied (2 of 7 units). Mix of 4 x 2 bedroom and 3 x 1 bedroom unitsWith a projected pro forma rent of ~$11, 150/month (±$133, 800 annually) versus current income of ~$3, 150/month, investors can achieve a 3-4X increase in gross income by stabilizing the asset. Laundry Income Potential in Storage Unit currently not being utilized. Zoned 6051 UC EDGE - MIXED USE CORRIDOR (MC) 4 MAX HT. Located near Rapid Transit Zones (RTZ) and eligible for Live Local Act (SB102) incentives, this asset presents both a strong cash-flow play and long-term redevelopment opportunity.Ideal for investors seeking a value-add renovation, or future redevelopment in a high-demand rental corridor.
- Waterfront: No info
- Days on Market: 32
- Closing Date: 2026-05-29
- Compass Point: NW
- Office Name: VDV Property Solutions Corp
- Taxes: 9136
- Tax Year: 2025
- Listing Date: 2026-04-26T10:17:56.000-00:00
- Lot Size Square Feet: 20500
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
06/09/2026
Listed
$980K
$48 ft2
$515 m2
06/09/2026
$980K
Event
Listed
Price Per
$48 ft2
$515 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Roel Van de Ven • VDV Property Solutions Corp • Buyer Agency Compensation .
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