THE ALPHA COMMERCIAL ADVISORS PRESENTS A PRIME CORNER DEVELOPMENT SITE IN A WELL-SITUATED, HIGH-VISIBILITY CORRIDOR OF MIAMI.
Located at the intersection of NW 62nd ST and NW 22nd AVE, two major traffic corridors, this high-visibility vacant lot sits within a Qualified Opportunity Zone and offers zoning potential for up to 19 residential units over 10 stories. Just steps from Miami-Dade’s expanding SMART Program transit infrastructure, the property is ideally situated for future-focused, transit-oriented development. With major redevelopment efforts underway nearby—including the transformative Liberty Square revitalization—this site offers long-term upside for developers and investors eager to capitalize on the area’s continued growth and momentum.
The current MCUAD zoning allows for at least 19 residential units over 10 stories BY-RIGHT. This is calculated based on the 9,450 Sq. Ft. (0.21 acre) footprint and 90 du/acre = 19 units on this site. As densities in Unincorporated Dade pull from the gross lot area rather than the net lot area, there may be further density baked-in to the by-right allowances here by calculating the total gross lot area including the right-of-way.
Unincorporated Dade also allows for bonus density of an additional 25%, for the inclusion of workforce housing units, and only 12.5% of the total project must be workforce housing units. That would equate to: 19 units X 25% = 4 additional units = 23 units on this site (only 2 must be workforce housing).
With Live Local Act (SB-102) benefits, there is even more upside to be recognized, and buyer can pull from the highest density in the Unincorporated Dade zoning code which is 250 du/acre or 54 units on this site, with up to 12 stories of height allowed.