2200 NW 90th st - Affordable Housing 50-unit Mixed Use Dev't 0.25 Acres of Commercial Land Offered at $2,061,564 CAD in Miami, FL 33147

Little 22 is a ±10,786 SF development site in West Little River, Miami, featuring near-approved approved architectural plans for an 8-story, 50-unit mixed-use project comprising 48 residential units and two ground-floor retail spaces.
The approved development program includes:
36 units ? 1 Bedroom / 1 Bathroom
6 units ? 1 Bedroom + Den / 1 Bathroom
6 units ? 2 Bedrooms / 2 Bathrooms
6 workforce housing set-asides
Retail 1: 882 SF
Retail 2: 784 SF
Total retail area: 1,666 SF
34 parking spaces, including 7 EV-ready stalls
Based on the current pro forma, the completed project is projected to generate approximately $1.26 million in annual gross potential income, including approximately $41,650 in annual retail income.
This is a true plug-and-play development opportunity that eliminates many of the largest risks and delays associated with ground-up construction:
No entitlement uncertainty
No lengthy architectural approval process
No resubmittals or extended municipal comment cycles
No significant predevelopment carrying period
With approvals almost secured, the next owner can move directly toward construction, saving substantial time, soft costs, and carrying expenses.
Located at the prominent corner of NW 22nd Avenue and NW 90th Street, the property benefits from excellent visibility, transit connectivity, and proximity to major retailers, hospitals, schools, and employment centers. The site is also located within a federally designated Opportunity Zone, offering the potential for additional tax benefits depending on the buyer’s investment structure.
Seller financing is available, and the seller is open to creative and flexible terms that may allow a buyer to preserve capital for construction and tailor the capital stack to its investment strategy.
With a reset acquisition basis, approvals in hand, two income-producing retail spaces, seller-financing flexibility, and strong surrounding rental demand, Little 22 offers a rare opportunity to acquire a ready-to-build mixed-use project at an attractive entry point.
Near-Approved plans, financials, unit floor plans, and the complete development package are available upon request.