Property profile

421 62nd St Miami, FL 33150

OFF-MARKET
Commercial land
Property ID
US18-9476979
1,343 SF 0.13 ac lot Built 1930
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1930
Construction TYPE NOT SPECIFIED
Total area 1,343 SF
Lot 0.13 ac (5,500 SF)
Zoning code 4600:MULTI-FAMILY,5+STORY
APN 01-3113-036-0020
UPID US18-9476979

Cap rate & NOI

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

Location

421 62nd St Miami, FL 33150-4442
Miami metro Census 2001 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
7 recorded transactions
2017
$650,000
2016
$503,500
2016
$85,100
2015
Price N/A
2014
$40,000
2012
$140,000
2011
$85,000

Zoning & alternative use

4600:MULTI-FAMILY,5+STORY · Miami, FL

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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