FRANCES PK
2390 NW 62nd St, Miami FL 33147
60
Days on Market
Description
Prime Approved Development Opportunity – Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just minutes from Wynwood, the Design District, Downtown, and the Health District, and under a mile from Liberty Square’s major redevelopment. Located in an Opportunity Zone, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!
Facts
- MLS#
- A11986571
- Subdivision
- FRANCES PK
- Property Type
- Land/Boat Docks
- Property Sub Type
- Residential
- Year Built
- —
- Lot Size
- 31,363 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 60 days
- Listed
- Mar 20, 2026
- Last Updated
- May 19, 2026
- Price/Lot Sq.Ft.
- $64/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
57
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/13/2026 | Price change | $2,000,000-20.0% |
| 3/20/2026 | Listed for sale | $2,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Independence High SchoolUG · private · 0.4 mi
Fox Trail Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
St Gregory The Great SchoolPK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
Indian Ridge Middle School6,7,8 · public · 0.9 mi
Candil Jacaranda SchoolPK,KG,1,2,3,4,5 · private · 1.0 mi
Clever OaksKG,1,2,3,4,5 · private · 1.0 mi
Temple Kol Ami Emanu-El Day SchoolKG,1,2,3,4,5 · private · 1.0 mi
Imagine School South CampusKG,1,2,3,4,5,6,7,8 · charter · 1.1 mi
Sterling Academy6,7,8,9,10,11,12 · private · 1.1 mi
Silver Ridge Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.5 mi
Estimated Monthly Payment
$12,462/mo
Principal & Interest
$10,645
Property Tax
$1,667
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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