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Property profile

6520 62Nd Ct South Miami, FL 33143

OFF-MARKET
Land
Property ID
US18-5742274
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Property summary

AI-generated overview

This exceptional 10,656 sq ft residential lot in South Miami, FL (33143), presents a unique opportunity. The property boasts a fully renovated 2-bedroom, 1-bathroom house featuring a freshly painted interior, remodeled kitchen, updated bathroom, and new appliances (refrigerator, dishwasher, microwave, washer/dryer). New tile flooring, a tankless water heater, and a recently replaced central air system enhance the home's appeal. The spacious backyard patio can accommodate a boat or RV. Zoned 0800 SGL FAMILY (1701-1900 sq ft), this property offers potential for further construction. Its prime location near the Metro Rail, Dadeland Mall, restaurants, and Baptist Hospital adds significant value. The asking price is $875,000, and the property includes 4 parking spaces. A motivated seller is eager to finalize a transaction. This is an ideal investment opportunity in a thriving South Miami community known for its vibrant nightlife.

Property profile

Verified
Property type Land
UPID US18-5742274

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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