Browse Properties

1871 W 62 Street, Hialeah, FL 33012

$9,450,000

Property Type: Commercial Sale Square Footage: 121,351 Status: Closed

Current Price: $9,450,000 List Date: 1/11/2008 Last Modified: 4/09/2026

Description

GREAT INVESTMENT OPPORTUNITY NEAR PALMETTO X-WAY, I-75, WESTLAND MALL AND PALMETTO HOSPITAL.NICE POOL, FENCED WITH 160 PARKING SPACES. 80% OF UNITS HAVE NEW CERAMIC TILE FLOORS, NEW BATHROOMS AND NEW APPLIANCES. THE ROOF WAS REPLACED IN NOVEMBER 2007. 1 00% RENTED ALL THE TIME. UNDER NO circumstances VISIT PREMISES WITHOUT AN APPOINTMENT. EASY TO SHOW. OWNER WILL CONSIDER TAKING A FIRST MORTGAGE.

More Information MLS# N258458

Contract Information

Comp Sale YN: No Listing Date: 2008-01-10 Status: Closed Original List Price: 11500000 Sold Price: $9,450,000 Current Price: $9,450,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Hialeah Municipal Code: 4 Postal Code: 33012 Subdivision Number: 38 Country: United States Street Number: 1871 Street Direction Prefix: W Street Name: 62 Street Suffix: Street State Or Province: FL Postal Code +4: 6085 Area: 2200 Parcel Number: 0420350380080 Zoning: 44/MULTI Directions: WEST 60 ST TO 19 AVENUE AND THEN NORTH TO THE NOTHWEST CORNER OF 62 ST AND 19 AV.

General Property Information

Number Of Buildings: 1 Number Of Units Total: 7 Price Per Unit: 115000 Occupant Type: Tenant Lot Size Area: 121532.4 Stories Total: 3 Property Sub Type: Multi Family Building Area Main: 121351 Year Built: 1972 Parking Total: 160 Lot Size Acres: 2.79

Currently Not Used

Ownership Type: Corporation

Financial Information

Tax Assessed/SOH Value: 8007053 Tax Annual Amount: 175857 Tax Year: 2007 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

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Seller Financing Major Change Timestamp: 2008-07-01T03:03:37Z Major Change Type: Status Change Status Change Date: 2008-07-14 Under Contract Date: 2008-05-02 Close Date: 2008-06-30 Close Price: 9450000

Electric

110 Volts: 1 220 Volts: 1

Flooring

Ceramic Tile: 1

Parking Features

Assigned: 1

Documents Available

Other Available Information: 1

Meter Information

Number Of Meters Total: 1

Location of Property

City Location: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Special Information

Corporate Owned: 1 Disclosure: 1

Building and Property Details

# Of Offices: 1 # Of Tenants: 100

Heating

Electric: 1

Sale Includes

Building: 1 Land: 1

Construction Materials

CBS: 1

Listing Terms

Cash: 1 Conventional: 1

Water Source

Public: 1

Income and Expenses

Gross Income: 1100000 Inc/Exp Statement Period: 2007 Other Income: 1200 Real Estate Taxes: 175857 Utilities Expense: 75300 Vacancy Allowance Rate: 0 Occupancy Percentage: 100 Gross Scheduled Income: 1100000 Insurance Expense: 116000 Maintenance Expense: 36000 Other Expense: 445757 Professional Management Expense: 24000 Trash Expense: 11400

Source Of Expenses

Owner Provided: 1

Description of Unit Type 1

Units Total: 38

Description of Unit Type 2

Units Total: 18

Cooling

Central Individual: 1

Description of Unit Type 3

Units Total: 44

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0080

Originating Details

Originating System Key: 27349446 Originating System ID: M00000151

Property Features

Documents Available: Other Available Information Electric: 110 Volts; 220 Volts Flooring: Ceramic Tile Heating: Electric Location of Property: City Location Parking Features: Assigned Possession: Negotiable Sale Includes: Building; Land Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Individual Listing Terms: Cash; Conventional Sewer: Public Sewer Special Information: Corporate Owned; Disclosure Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Listing Office: M&J Real Estate Group, Inc.

Last Updated: April - 09 - 2026

1871 W 62 Street, Hialeah, FL 33012- MLS# N258458

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.

Destiny International Properties

Menu