$9,450,000
Hialeah, FL 33012
MLS# N258458
Status: Closed
121351 sqft
1 / 1
Property 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.
Details
Maps
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
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: 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
Property Sub Type: Multi Family
Number Of Units Total: 7
Price Per Unit: 115000
Occupant Type: Tenant
Building Area Main: 121351
Year Built: 1972
Parking Total: 160
Lot Size Area: 121532.4
Lot Size Acres: 2.79
Stories Total: 3
Financial Information
Tax Annual Amount: 175857
Tax Year: 2007
Tax Assessed/SOH Value: 8007053
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
Status Change Information
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
Buyer Financing: Seller Financing
Meter Information
Number Of Meters Total: 1
Building and Property Details
# Of Offices: 1
# Of Tenants: 100
Income and Expenses
Gross Income: 1100000
Gross Scheduled Income: 1100000
Inc/Exp Statement Period: 2007
Insurance Expense: 116000
Maintenance Expense: 36000
Other Expense: 445757
Other Income: 1200
Professional Management Expense: 24000
Real Estate Taxes: 175857
Trash Expense: 11400
Utilities Expense: 75300
Occupancy Percentage: 100
Description of Unit Type 1
Units Total: 38
Description of Unit Type 2
Units Total: 18
Description of Unit Type 3
Units Total: 44
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
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