249 62nd St Miami, FL 33150-4440

Property Details for 249 62nd St

Year built

1970

Construction

CONCRETE

Lot size

0.14 lot acres

Property size

702 SF

Zone code

6101

Property type

Outlet malls

APN

01-3113-028-0170

APU

131130280170

Description

This exceptional Miami property, located at 249 NW 62nd St, presents a lucrative investment opportunity. The 6,120 square foot corner lot boasts a thriving convenience store, currently operating successfully, with convenient access from two streets. Built in 1970, this single-story building sits on a prime location in Miami-Dade County, Florida, zip code 33150 (25.832727, -80.2011182). The property's T5O zoning designation unlocks significant development potential. Under this zoning, a mixed-use building of up to five stories can be constructed "as of Right," eliminating the need for a zoning hearing. This allows for the addition of elevator penthouses and certain necessary roof structures without impacting the permitted building height. The asking price for this remarkable property is $1,550,000. The high traffic count and strategic location make this an ideal investment for both experienced developers and savvy entrepreneurs seeking a strong return. The existing convenience store provides immediate cash flow while the zoning allows for future expansion and increased profitability. This is a rare opportunity to acquire a property with both immediate income and substantial long-term growth potential in a vibrant Miami neighborhood. Don't miss this chance to capitalize on this prime location and its significant development possibilities.

Location Insight

City

Miami

County

Miami-dade

State

Florida

Longitude

-80.2012

Latitude

25.8327

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments