420 Northeast 62nd Street

Miami, FL 33138

$759,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unveil the potential of prime real estate on the heart of Miami's vibrant Magic City District; An extraordinary investment opportunity awaits you w/this land for sale, complete w/approved plans to construct a quadplex. Capitalize on this head start to commence construction promptly, minimizing downtime and maximizing returns. Each of the 4units has been meticulously designed to offer spacious living, featuring 4 beds and 3 baths. W/ aprox 11,000 Sqf for the building to be build with 6 parking and...Unveil the potential of prime real estate on the heart of Miami's vibrant Magic City District; An extraordinary investment opportunity awaits you w/this land for sale, complete w/approved plans to construct a quadplex. Capitalize on this head start to commence construction promptly, minimizing downtime and maximizing returns. Each of the 4units has been meticulously designed to offer spacious living, featuring 4 beds and 3 baths. W/ aprox 11,000 Sqf for the building to be build with 6 parking and common area . Consider it as an income-generating asset through rental income or capitalize on the growing demand for unique historical residences.
  1. Listed by Carolina Preciado • Potential Property Group

Property Details for 420 Northeast 62nd Street

Subdivision
NORTH GATE
Waterfront
No
Area
32
Auction
No

Location

Listing Courtesy of Potential Property Group
Add your commute
LISTING UPDATED: 02/13/2024 03:46 PM

Property Details for 420 Northeast 62nd Street

StatusActive
MLS #A11512034
Days on Market136
Taxes$7,457 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeLand-Commercial/Business/Agricultural/Industrial / Income/Multi Family
Year Built-
Lot Size0.13 AC / 5,575 SF
CountyMiami-Dade County

Location

Listing Courtesy of Potential Property Group
Add your commute

Building Information for 420 Northeast 62nd Street

Stories-Residences-Year Built-Building Size-Lot Size0.13 AC / 5,575 SF

Payment Calculator

$4,769 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,147

Property Taxes

$621

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 Northeast 62nd Street

Location Information
Location Information
  • Parcel Number Free Text: 01-32-18-024-0250
  • Parcel Number MLX: 0250
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 18
  • Subdivision Number: 24
  • Subdivision Complex Bldg: NORTH GATE
  • Zoning Information: 3900
General Information
General Information
  • Style of Property: Other Style
  • Usage: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Environmental Audit: None
  • Comprehensive Plan Use: Central Urban, Urban Commercial
  • Total Acreage: 9600
  • Lot Frontage: 45
  • Lot Depth: 110
  • Approximate Lot Size: 5575
  • Property Sq Ft: 5575
  • Location: City Location
  • Road Description: City/County Maintained
  • Lot Description: 1-2.5 Acres
Additional Property Information
Utilities
  • Utilities Available: Sewer, Water
  • On Site Utilities: Sewer
  • Water Description: Municipal Water
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Total Assumable Loans: $0
  • Total Mortgage: $300,000
  • Flood Zone: X
  • Tax Year: 2023

Property History for 420 Northeast 62nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 420 Northeast 62nd Street

Taxable ValueLand$550,000Additions-Total$550,000
Tax Record2023$7,457 ($621 / month)
Home Facts
Total Finished SqFt914 SqFtAbove Grade Finished SqFt914 SqFtStories1Lot Size5,500 SqFtStyleCommercialYear Built1937Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-3218-024-0250

Schools near 420 Northeast 62nd Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Morningside K-8 Academy
PublicPK to 8

Horace Mann Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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420 Northeast 62nd Street is a multi-family home for sale in Miami, FL 33138. This property was listed for sale on January 16, 2024 by Potential Property Group, it's currently listed at $759,900. It has been on the market for a total of 136 days and was last sold on July 21, 2021. This listing's school district is Miami-Dade. Nearby schools include Air Base K-8 Center for International Education, Morningside K-8 Academy and Horace Mann Middle School. 420 Northeast 62nd Street is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Potential Property Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.