Property Details
| Sold Price | $980,000 |
|---|---|
| Last Asking Price | $1,400,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $9,136 2025 |
| Interior Space | — |
| Beds/Baths | —/— |
| Lot Size | 20,500 SqFt · 0.47 acres |
| Closed Date | 5/29/2026 |
| MLS # | A12007908 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by VDV Property Solutions Corp
Sales History for This Home · 2540 NW 90th Street, Miami, FL 33147
Sales history is unavailable for this property
Listed by VDV Property Solutions Corp. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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