1871 W 62 Street, Hialeah, FL 33012 (MLS# A1684571)


Offices Agents
7
Agents Found
Agustin Arellano
Southfields Real Estate, Inc.
ph: 803-295-3388
[email protected]
Ashley Arguello
Southfields Real Estate, Inc.
ph: 908-670-0614
[email protected]
http://oneforonegroup.com
Carlos R. Arellano
Southfields Real Estate, Inc.
ph: 561-644-2474
[email protected]
http://HTTP://WWW.SOUTHFIELDSRE.COM
Diego Arellano
Southfields Real Estate, Inc.
ph: 561-389-4699
[email protected]
http://southfieldsre.com/
Gina O Arellano
Southfields Real Estate, Inc.
ph: 305-389-0259
[email protected]
http://HTTP://WWW.GINAARELLANO.COM

1 2 Next

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

102 unit apartment building for sale in the heart of Hialeah - Great unit mix - building always 100% occupied. Includes 160 parking spaces and fenced in pool. Central city location close to schools, airport, highways, industry, malls, etc. Plenty of ro om for added value. There is an assumable mortgage. Financials available to serious buyers only. Appointments available upon request. Please do not disturb tenants.

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

Currently Not Used

Ownership Type
Corporation

Office/Member Information

DXORIGMLSID
SEF

Electric

220 Volts
Yes

Flooring

Tile
Yes

Parking Features

Assigned
Yes
Common
Yes
Guest
Yes

Property Condition

Resale
Yes

Documents Available

Deed
Yes
Financial Statement
Yes
Investment Analysis
Yes
Photos
Yes
Rent Rolls
Yes

Tenant Pays

Electricity
Yes
Interior Electric
Yes

Location of Property

City Location
Yes
Near Airport
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

City Jurisdiction
Yes

Zoning Information

Use Conforms To Zoning
Yes

Building Features

Balconies
Yes
Elevator(s)
Yes
Exterior Lighting
Yes
Fenced Area
Yes
Laundry Facilities
Yes
Pool
Yes

Heating

Central Building
Yes
Central Individual
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Land
Yes
Leases
Yes

Construction Materials

Block
Yes

Listing Terms

Assumable
Yes
Cash
Yes

Road Frontage Type

City Street
Yes

Roof

Tar/Gravel
Yes

Security Features

Fire Alarm
Yes
Security Fence
Yes
Security Gate
Yes
Security Lights
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Central Building
Yes
Central Individual
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
IDX
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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