3 months on rocket

420 NE 62nd St, Miami, FL, 33138

$759,900

9600.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
MLS #A11512034
Lot Size9600.00 Acres
StatusActive

About 420 NE 62nd St

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.

Property Details

Property Features

Listing Office:

  • Office Name: Potential Property Group
  • Office Phone: (305) 260-6300
  • Listing Agent: Carolina Preciado

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  • Virtual Tour: 420 NE 62nd St

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Lot Features

Lot Information:

  • Lot Size: 9600.00 Acres

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $759,900

Tax Information:

  • Annual Amount: $5,271
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

420 NE 62nd St vs Miami

102 DAYS ON ROCKET

+43 Days

$759,900

+$219.8K More

KEY TAKEAWAY

This property is $219.8K more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11512034

Listing Office:

  • Office Name: Potential Property Group
  • Office Phone: (305) 260-6300
  • Listing Agent: Carolina Preciado

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,271$247,500
2018$1,223$82,215
2017$1,201$80,524

History based on county public records data.

Payment Calculator

$3,860

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1905665
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.25 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1905666
2
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 1.88 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1905667
2
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.11 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,849. Typical income of Miami, FL residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 420 NE 62nd St

What is the listing price of this property?

The listing price of 420 NE 62nd St property is $759,900.

What type of property is this?

The property 420 NE 62nd St is land located in Miami, Florida, 33138.

Is this property for sale now?

Active Listing: 420 NE 62nd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 420 NE 62nd St are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 2/10
Miami Edison Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,271 (source: MLS/based on county public records data).

How much acreage is this property?

The property 420 NE 62nd St is 9600.00 acres.
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Rocket Homes›Florida›Miami-Dade County›Miami›33138›420 NE 62nd St

This home is located at 420 NE 62nd St in Miami, FL and zip code 33138 in the Upper East Side neighborhood. This home sits on a 9600.00 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $759,900.

Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. The number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024 median list price was $540,091 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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