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.
Location
Listed By
Similar Listings
Listing Office: Scale Commercial Realty
Listing Office: Midtown Realty International Inc
Listing Office: Key Realty Advisors, Inc.
Listing Office: RE/MAX 5 Star Realty
Listing Office: The Keyes Company
Listing Office: Blue B Properties, LLC
Listing Office: BM2 Realty
Listing Office: Skyline Trust Realty, Inc
Listing Office: The Keyes Company
Listing Office: Charles Rutenberg Realty FTL
Listing Office: Avanti Way Realty LLC
Listing Office: The Keyes Company
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 30th April, 2026 9:51 PM (UTC)
Listing Office: VDV Property Solutions Corp
Attribution contact:
roel@keyrentermiamiwest.com
