2540 NW 90th St, Miami, FL 33147

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
2540 NW 90th St,Miami, FL 33147
$1,400,000
Virtual Tour
  • 0.47 Acres
  • Lots / Land
  • Active
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:May 15, 2026 at 10:02 AM

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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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