2540 NW 90th St, Miami, FL 33147
Local realty services provided by:CENTURY 21 North East
Listed by: roel van de ven
Office: vdv property solutions corp305-522-6005
MLS#:A12007908
Source:SEFMLS
Price summary
- Price:$1,400,000
About this home
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.
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Home facts
- Listing ID #:A12007908
- Updated:April 26, 2026 at 05:01 PM
Structure and exterior
- Lot area:0.47 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,400,000
- Tax amount:$9,136 (2025)
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