Home » Miami » THE SQUARE AT 62ND ST CON at 551 62nd St Miami » 551 NE 62nd St 11, Miami, FL 33138 | A11707015

For Sale 551 NE 62nd St 11, Miami, FL 33138

$225,000

Property Highlights

Listing ID A11707015 Status of this Listing: Active For Sale Newly Listed Property Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 539 Sqft/50.07 m2 approx. Building Area 539 Sqft/50.07 m2 approx. Year Built 1947 Time of this property on Rebonus 1 Day(s)

551 NE 62nd St 11, Miami, FL 33138

Property Description: Unique opportunity to acquire 9 of 16 units in a multi- family building in the heart of Miami 's vibrant Little River neighborhood. Property has a recently replaced roof and successfully passed the 40 year certification. All 9 units are fully renovated 1 bedroom/ 1 bathroom, featuring in unit central AC & washer/dryer. All units are occupied with tenants on newly signed rental agreements, providing immediate cash flow with strong returns.

Useful Info

Original List Price:$225,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-Conversion
Architectural
Style:
  • Other
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Aluminum Siding
Flooring:
  • Ceramic Tile
Number of stories:2

Property Features

View from the Property:
  • Other
Waterfront:No
Security:
  • Complex Fenced
Appliances:
  • Dishwasher
Interior Features:
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Fence
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$2,876

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Association Fee Frequency:
  • Annually
Association Fee 3rd HOA:$463
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:Yes

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Trash
Subdivision Name:THE SQUARE AT 62ND ST CON
Association Fee Includes:
  • Common Areas
Complex Name:THE SQUARE AT 62ND ST CON
Senior Community:No
Restrictions:No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActNo HOPA
Unit DesignOther
Type of AssociationCondo
Minimum Number of Days for Lease1
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year1
Flood ZoneX
Homeowner's Association Application Fee150
StyleCondo 1-4 Stories
FEMA Flood Zone DesignationsX
Municipal Code0
Ref1097513842
Subdivision Number82

Zoning and Legal

Tax Legal Description:THE SQUARE AT 62ND ST CONDO UNIT 11 BLDG 541 UNDIV 539/8937 INT IN COMMON ELEMENTS OFF REC 25152-3260
Real Estate Folio Number (Parcel Number):01-32-18-082-0060
Public Survey Township:50
Public Survey Range:32
Public Survey Section:18

Listing History

Update/EventDate/Days
Published Date:December 10, 2024 9:33 am
On Market Date:December 10, 2024
Price Change Date Time:December 10, 2024 7:56 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 10, 2024 9:33 am
Status Last Changed:December 10, 2024 9:33 am
Photos Last Modified:December 10, 2024 3:26 pm
Last Modified:December 11, 2024 2:20 pm
Days on the Market Reference Date:December 11, 2024
Days on the Market (updated on Last Modified*):1
Cumulative Days on the Market (updated on Last Modified**):1

Additional Information

Unit Location:Other
Number of Photos:16
Location:,,
Included:,,
Area:32
Courtesy of:The Suero Group
Universal Property Id:US-12025-N-0132180820060-R-N

Location

Show Property Address:Yes
Street Name:62nd St
Street Number:551
Street Direction Prefix:NE
Street Address:551 NE 62nd St 11
Unit Number:11
City : Miami
State : Florida
Zip Code : 33138
County : Miami-Dade
Full Address:551 NE 62nd St 11, Miami, FL 33138
Latitude:N25° 50' 1.2''
Longitude:W81° 48' 53''

Neighborhood

Postal City:Miami

Property Map

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