North Gate, 420 NE 62nd St

0.13
Acre
Status
OFF MARKETExpired
Size
0.13 Acres (511 m2)
Price
$5,845,385/Acre ($1,487/m2)
Type
Land
MLS Number
A11512034
On Site
972 Days
Updated
944 Days ago
Page Views
0
Unveil the potential of prime real estate on the heart of Miami's vibrant Magic City District; An extraordinary investment opportunity awaits you w/this land for sale, complete w/approved plans to construct a quadplex. Capitalize on this head start to commence construction promptly, minimizing downtime and maximizing returns. Each of the 4units has been meticulously designed to offer spacious living, featuring 4 beds and 3 baths. W/ aprox 11,000 Sqf for the building to be build with 6 parking and common area . Consider it as an income-generating asset through rental income or capitalize on the growing demand for unique historical residences.

Features

All features
  • Property SqFt: 5500
  • Remarks: Unveil the potential of prime real estate on the heart of Miami's vibrant Magic City District; An extraordinary investment opportunity awaits you w/this land for sale, complete w/approved plans to construct a quadplex. Capitalize on this head start to commence construction promptly, minimizing downtime and maximizing returns. Each of the 4units has been meticulously designed to offer spacious living, featuring 4 beds and 3 baths. W/ aprox 11, 000 Sqf for the building to be build with 6 parking and common area . Consider it as an income-generating asset through rental income or capitalize on the growing demand for unique historical residences.
  • Internet Remarks: Unveil the potential of prime real estate on the heart of Miami's vibrant Magic City District; An extraordinary investment opportunity awaits you w/this land for sale, complete w/approved plans to construct a quadplex. Capitalize on this head start to commence construction promptly, minimizing downtime and maximizing returns. Each of the 4units has been meticulously designed to offer spacious living, featuring 4 beds and 3 baths. W/ aprox 11, 000 Sqf for the building to be build with 6 parking and common area . Consider it as an income-generating asset through rental income or capitalize on the growing demand for unique historical residences.
  • Waterfront: No info
  • Days on Market: 28
  • Compass Point: NE
  • Office Name: Potential Property Group
  • Area: 5575
  • Taxes: 7457
  • Tax Year: 2023
  • Listing Date: 2024-01-16T16:24:58.000-00:00
  • Lot Size Square Feet: 5500

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Price History

Date
Event
Price
Change
Price Per
01/10/2024
Listed
$760K
 
$138 ft2
$1,487 m2
01/10/2024
$760K
Event
Listed
Price Per
$138 ft2
$1,487 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carolina PreciadoPotential Property Group • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
89

100
Transit Score®
Good Transit. Many nearby public transportation options
51

100
Bike Score®
Bikeable. Some bike infrastructure
68

100
Sound Score®
Very loud
74

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
33

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
2 – 4 BR
Bedrooms
$799K – $3.7M
Price Tier
736 - 5,572
SqFt Range
1947
Year Build
3
Total Floors

Subdivision Amenities

Laundry

Miami
Mid-Tier
Mid-Tier Homes & Condos