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$1,400,000
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Property Description
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.
Full Property Details
Full Property Details for 2540 NW 90th St
General
- Price: $1,400,000
- Taxes: $9,136 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12007908
- Updated: 5/17/2026
- Added to Site: 52 day(s) ago
Location
- County: Miami-Dade County
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,500
- Lot Dimensions: 65 x 315
- Frontage Feet: 65
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: None
- Zoning: 6051
Financial Considerations
- Tax Amount: $9,136
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 3 53 41 .47 AC N230FT OF W100FT OF E275FT OF S1/2 OF NW1/4 OF SW1/4 OF SW1/4 LESS N25FT LOT SIZE 100.000 X 205 OR 19575-0507 0301 6 (2) COC
- Property ID: 30-31-03-000-0151
Listed by VDV Property Solutions Corp
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Schools
Schools serving 2540 NW 90th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Dr. Henry W. Mack/West Little River K-8 Center 2450 Northwest 84th Street, Miami, FL 33147 | PK-5 | 0.4 mi |
Madison Middle School, Miami, FL 3400 Northwest 87th Street, Miami, FL 33147 | 6-8 | 0.8 mi |
Miami Central Senior High School 1781 Northwest 95th Street, Miami, FL 33147 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2540 NW 90th St
Date
Details
Price
Change
Source
4/13/2026
Listed
$1,400,000
133.33%
MLS
5/17/2018
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2540 NW 90th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,738
—
$761,332
-23%
2024
$13,738
4%
$991,496
—
2023
$13,210
44%
$991,496
91%
2021
$9,191
-15%
$520,000
-28%
2022
$10,776
24%
$720,000
47%
2019
$8,712
68%
$490,000
65%
2018
$5,185
9%
$297,083
10%
2017
$4,767
6%
$270,076
8%
2016
$4,506
2%
$250,000
4%
2015
$4,415
4%
$240,000
7%
2014
$4,239
8%
$225,139
8%
2013
$3,925
—
$208,835
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2540 NW 90th St
2540 NW 90th St, Miami, FL 33147 (MLS# A12007908) is a Commercial Land property with a lot size of 0.47 acres. 2540 NW 90th St is currently listed for $1,400,000 and was received on April 13, 2026. Want to learn more about 2540 NW 90th St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

