551 Northeast 62nd Street, Unit 9

Miami, FL 33138

$225,000
Price
1
Beds
1
Bath
545 Sq. Ft.
$413 / Sq. Ft.
545
Sq. Ft.
$413
per Sq. Ft.

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.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.
  1. Listed by Thomas Falkenstein • The Suero Group

Property Details for 551 Northeast 62nd Street, Unit 9

Subdivision
THE SQUARE AT 62ND ST CON
Complex Name
THE SQUARE AT 62ND ST CON
Style
Condo 1-4 Stories
Waterfront
No
View
Other View
Unit View
Other View
Area
32
Auction
No
LISTING UPDATED: 12/11/2024 08:47 AM

Property Details for 551 Northeast 62nd Street, Unit 9

StatusActive
MLS #A11707023
Days on Market7
Taxes$3,354 / year
HOA Fees-
Condo/Co-op Fees$468 / month
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built1947
CountyMiami-Dade County

Building

THE SQUARE AT 62ND ST

2 StoriesBuilt in 1947

Building Information for 551 Northeast 62nd Street, Unit 9

Building/ComplexTHE SQUARE AT 62ND STFloor2Stories2Residences-Pet Policy-Year Built1947

Property Information for 551 Northeast 62nd Street, Unit 9

Location Information
Location Information
  • Parcel Number Free Text: 01-32-18-082-0020
  • Parcel Number MLX: 0020
  • MLS Area: 32
  • Municipal Code: 0
  • Township Range: 32
  • Section: 18
  • Subdivision Number: 82
  • Subdivision Complex Bldg: THE SQUARE AT 62ND ST CON
  • Unit Floor Location: 2
  • Total Floors In Building: 2
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: None
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Other
  • Construction: Aluminum Siding
  • Construction Type: Aluminum Siding
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
  • Security Information: Complex Fenced
Room Information
Room Information
  • Bedroom Description: Entry Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Second Floor Entry
  • Equipment Appliances: Dishwasher
  • Exterior Features: Fence
  • Maintenance Includes: Common Area
  • Amenities: No Amenities
Financial Information
Financial Information
  • Total Mortgage: $127,500
  • Type of Association: Condo
  • Maintenance Charge Month: $468
  • Maintenance Fee Paid Per: Monthly
  • Assoc Fee Paid Per: Yearly
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Rent Information
  • Approval Information: 1-2 Weeks Approval
Rent Status
  • Other Fees: $150

Property History for 551 Northeast 62nd Street, Unit 9

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 551 Northeast 62nd Street, Unit 9

Taxable ValueLand-Additions-Total-
Tax Record2023$2,952 ($246 / month)
Home Facts
Beds1Total Finished SqFt545 SqFtAbove Grade Finished SqFt545 SqFtStyleCondominiumYear Built1947Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-3218-082-0020

Schools near 551 Northeast 62nd Street, Unit 9

This home is within Miami-Dade County Public Schools.
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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551 Northeast 62nd Street, Unit 9 is a condo for sale in Miami, FL 33138. This property was listed for sale on December 10, 2024 by The Suero Group, it's currently listed at $225,000. It has been on the market for a total of 7 days and was last sold on July 15, 2022. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Morningside K-8 Academy and Horace Mann Middle School. 551 Northeast 62nd Street, Unit 9 is a 1-bed, 1-bath, 545 sqft condo built in 1947.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Suero 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.