Property profile

114 62nd St Miami, FL 33150

OFF-MARKET
Commercial land
Property ID
US18-8801271
3,279 SF 0.65 ac lot Built 1936
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1936
Construction CONCRETE
Total area 3,279 SF
Lot 0.65 ac (28,500 SF)
Zoning code 6101
APN 01-3113-052-0030
UPID US18-8801271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114 62nd St Miami, FL 33150-4543
Miami metro Census 2003 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.66M
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$986k
Blend (final) Blend
$1.22M

Owner & transaction history

since 2020
Last sale
$893,000
7 recorded transactions
2020
$481,300
2017
$893,000
2017
$750,000
2017
$300,000
2017
$270,000
2015
Price N/A
2015
Price N/A

Zoning & alternative use

6101 · Miami, FL
Top alternative use upside
Retail stores $1.9M +67.9%
Medical building $1.4M +28.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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