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2540 NW 90th St, Miami FL 33147

Commercial Active With Contract
$1,400,000

BTC: 22.22222222

ETH: 801.83276060

21 days
0 room(s)

Overview

Value-Add Multifamily Opportunity with Significant Upside – 2540 NW 90th St Rare 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 units With 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.

Location

Florida • Miami • 33147 • Commercial • Active With Contract

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.47 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,922,500
$1.2M – $2.2M
Confidence Low
List vs. estimate
$522K below estimate
List $1,400,000 · -27.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $370K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,136
2025
All facts and features

  • Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: 30-31-03-000-0151

    • Zoning: 6051

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $9,136

  • Source details

    • MLS ID: A12007908

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 65x315

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33147
180
median $575K
Active
Same city
Miami
12,209
median $650K
Active
Same type
Commercial
1,160
median $1.3M
Active
Similar price
$979K – $1.8M
1,787
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: VDV Property Solutions Corp