The Square at 62nd St Condo - 9 Units
9 Flex Condos Offered at $2,295,000 in Miami, FL
INVESTMENT HIGHLIGHTS
- Unique opportunity to acquire 9 of 16 units in a multi-family building in the heart of Miami’s vibrant Little River neighborhood.
EXECUTIVE SUMMARY
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 1bed/1bath, 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!
PROPERTY FACTS
| Price | $2,295,000 |
| Price / SF | $462.24 / SF |
| Cap Rate | 5.82% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 4,965 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 541-551 NE 62nd St, 2nd Floor - Unit 9, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 1st Floor - Unit 1, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 1st Floor - Unit 4, Miami, FL 33138 | Flex Condo | 613 SF | 1947 | - |
| 541-551 NE 62nd St, 1st Floor - Unit 6, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 1st Floor - Unit 7, Miami, FL 33138 | Flex Condo | 537 SF | 1947 | - |
| 541-551 NE 62nd St, 1st Floor - Unit 8, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 2nd Floor - Unit 10, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 2nd Floor - Unit 11, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
| 541-551 NE 62nd St, 2nd Floor - Unit 14, Miami, FL 33138 | Flex Condo | 545 SF | 1947 | - |
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AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Range
- Tub/Shower
