Address
420 NE 62nd St, Miami, FL
Price
$ 759,900
Property Attributes
  • MLS#A11512034
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • NeighborhoodNORTH GATE
  • Zip33138
  • StyleMultiFamily
  • Taxes$ 7457
  • Price$ 759,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9600 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property 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 common area . Consider it as an income-generating asset through rental income or capitalize on the growing demand for unique historical residences.

Price History
1/16/2024 Listed $759,900

General Features

Sewer Other
Utilities SewerAvailable,WaterAvailable
Possession Negotiable
Property SubType MultiFamily
Tax Year 2023
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name NORTH GATE
Garage Y/N No
Status Active
City Miami
View Y/N No
Senior Community Y/N No
Zoning Description 3900
MLS Area 32
Lot Size Square Feet 5575.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 62nd St
Listing Terms Cash
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7457.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11512034
Days on Market 28
Standard Status Active
Property Sub Type Additional MultiFamily
MobileHomeRemainsYN No
PostalCity Miami
Legal Description NORTH GATE PB 8-88 LOT 3 BLK 2 LOT SIZE 5500 SQUARE FEET OR 12825-1378 0386 1

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 5575.0
Spa No
Lot Dimensions 45x110
Lot Size Acres 9600.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33138

Price
AVG $4.34M
$760K
Taxes
AVG $24,481
$7,457
Visits
AVG 187
103
Data Provided by Inside Real Estate®

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