2263 NW 62nd St - Residential LAND FOR SALE


Miami, FL 33147- Gladeview9,583 SF
$430,000 USD
609-226-6390
2263 NW 62nd St, Miami, FL for Sale
$430,000 USD
Residential LAND - FOR SALE
1/8
9,583 SF

2263 NW 62nd St
Miami, FL 33147
Gladeview


HIGHLIGHTS

  • Highly Visible Corner: Prime corner development site with high visibility at the intersection of NW 62nd St and NW 22nd Ave.
  • Prime Development Opportunity: Zoned for up to 19 units over 10 stories by-right w/ further upside from Live Local
  • Located within a Qualified Opportunity Zone, allowing for attractive tax incentive opportunities.
  • Growing Transportation Hub: Just steps from the Dr. Martin Luther King Jr train station, and Miami-Dade’s expanding transit infrastructure.
  • Blocks from the transformative Liberty Square Apartments redevelopment, and infill projects at various ASPR stages
  • Live Local Eligibility w/ optional Live Local Max. Density for up to 54 units and 12 stories on this site

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/ACRE

$1,954,586/AC

PRICE/SF

$45 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Infill Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.22 AC

LAND SF

9,583 SF

OFFSITE IMPROVEMENTS

-

ZONING

MCUCD

APN/PARCEL ID

30-3115-037-0090

ASK ABOUT THIS PROPERTY

Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

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Steffanie JacobsonThe Alpha CommercialMore Info
609-226-6390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.