1871 W 62 Street, Hialeah, FL 33012
$9,300,000
Property Type:
Commercial Sale
Square Footage:
121,351
Status:
Closed
Current Price:
$9,300,000
List Date:
8/23/2012
Last Modified:
5/23/2026
Overview
Description
Listing Details MLS# A1684571
General Property Information
- Number Of Buildings
- 3
- Property Sub Type
- Multi Family
- Number Of Units Total
- 7
- Price Per Unit
- 100000
- Occupant Type
- Tenant
- Building Area Main
- 121351
- Year Built
- 1972
- Year Built Details
- YearBuiltDescription Resale
- Parking Total
- 160
- Stories Total
- 3
Property Features
Building Features:
Balconies; Elevator(s); Exterior Lighting; Fenced Area; Laundry Facilities; Pool
Documents Available:
Deed; Financial Statement; Investment Analysis; Rent Rolls
Electric:
220 Volts
Flooring:
Tile
Heating:
Central Building; Central Individual
Location of Property:
City Location; Near Airport
Parking Features:
Assigned; Common; Guest
Possession:
Negotiable
Property Condition:
Resale
Sale Includes:
Building; Fixtures; Land; Leases
Zoning Information:
Use Conforms To Zoning
Source Of Expenses:
Owner Provided
Tenant Pays:
Electricity; Interior Electric
Construction Materials:
Block
Cooling:
Central Building; Central Individual
Listing Terms:
Assumable; Cash
Road Frontage Type:
City Street
Roof:
Tar/Gravel
Security Features:
Fire Alarm; Security Fence; Security Gate; Security Lights
Sewer:
Public Sewer
Special Information:
City Jurisdiction
Water Source:
Public
Showing Requirements:
24 Hour Notice; Appointment Only
Contract Information
- Comp Sale YN
- No
- Original List Price
- 10000000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 1871
- Street Direction Prefix
- W
- Street Name
- 62
- Street Suffix
- Street
- City Name
- Hialeah
- Municipal Code
- 4
- State Or Province
- FL
- Postal Code
- 33012
- Postal Code +4
- 6085
- Area
- 2200
- Parcel Number
- 0420350380080
- Subdivision Number
- 38
- Zoning
- 44/MULTI
- Directions
- EAST OF PALMETTO EXPRESSWAY ON THE NW CORNER OF 62ND STREET AND 19TH AVENUE
- Property Description
- 102 UNITS MULTI FAMILY RESIDEN
Financial Information
- Tax Annual Amount
- 143299
- Tax Year
- 2011
- Tax Assessed/SOH Value
- 6954301
- Tax Legal Description
- LAKE ROBIN SEC ONE PB 92-44LOT 8 BLK 1 & PORT LOTS 9 & 10 BLK 1 PB 92-75 DESC BEG SW COR LOT 9 S60.05FT W247.51FT N326.19 FT E
- Assessor Market Value
- 7000000
Status Change Information
- Major Change Timestamp
- 2013-05-31T23:11:51Z
- Major Change Type
- Status Change
- Status Change Date
- 2013-06-04
- Under Contract Date
- 2013-02-21
- Close Date
- 2013-05-31
- Close Price
- 9300000
- Buyer Financing
- Conventional
More Information
Building and Property Details
- # Of Offices
- Yes
- # Of Tenants
- 102
- # Of Toilets
- 145
Meter Information
- Number Of Meters Total
- 102
Income and Expenses
- Gross Income
- 371886
- Gross Scheduled Income
- 1089060
- Inc/Exp Statement Period
- 12/31/2011
- Insurance Expense
- 93772
- Maintenance Expense
- 26955
- Net Operating Income
- 717174
- Other Expense
- 5000
- Other Income
- 2120
- Professional Management Expense
- 32672
- Real Estate Taxes
- 137567
- Supplies Expense
- 15600
- Total Expenses
- 371886
- Trash Expense
- 11700
- Utilities Expense
- 78508
- Vacancy Allowance Rate
- 3
- Occupancy Percentage
- 100
Description of Unit Type 1
- Units Total
- Yes
- Furnished
- No
- Annual Rent
- 650
Description of Unit Type 2
- Units Total
- 38
- Furnished
- No
- Annual Rent
- 850
Description of Unit Type 3
- Units Total
- 18
- Furnished
- No
- Annual Rent
- 900
Description of Unit Type 4
- Units Total
- 44
- Furnished
- No
- Annual Rent
- 950
Description of Unit Type 5
- Units Total
- Yes
- Furnished
- No
- Annual Rent
- 1300
Buyer Details
- Intended Use
- Investment
Concessions
- Seller Concessions
- No
Section Details
- Parcel Number MLX
- 0080
Originating Details
- Originating System Key
- 27317257
- Originating System ID
- M00000151
Listing Office:
U.S.A. Lending & Realty, Inc.
Last Updated: May - 23 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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