$9,300,000
Hialeah, FL 33012
MLS# A1684571
Status: Closed
121351 sqft
1 / 8
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2012-08-23
Status: Closed
Original List Price: 10000000
Sold Price: $9,300,000
Current Price: $9,300,000
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
Property Description: 102 UNITS MULTI FAMILY RESIDEN
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: EAST OF PALMETTO EXPRESSWAY ON THE NW CORNER OF 62ND STREET AND 19TH AVENUE
General Property Information
Number Of Buildings: 3
Number Of Units Total: 7
Price Per Unit: 100000
Occupant Type: Tenant
Year Built Details: YearBuiltDescription Resale
Stories Total: 3
Property Sub Type: Multi Family
Building Area Main: 121351
Year Built: 1972
Parking Total: 160
Currently Not Used
Ownership Type: Corporation
Financial Information
Tax Assessed/SOH Value: 6954301
Assessor Market Value: 7000000
Tax Annual Amount: 143299
Tax Year: 2011
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: Conventional
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
Electric
220 Volts: 1
Flooring
Tile: 1
Parking Features
Assigned: 1
Common: 1
Guest: 1
Property Condition
Resale: 1
Documents Available
Deed: 1
Financial Statement: 1
Investment Analysis: 1
Photos: 1
Rent Rolls: 1
Meter Information
Number Of Meters Total: 102
Tenant Pays
Electricity: 1
Interior Electric: 1
Location of Property
City Location: 1
Near Airport: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
City Jurisdiction: 1
Zoning Information
Use Conforms To Zoning: 1
Building and Property Details
# Of Offices: 1
# Of Tenants: 102
# Of Toilets: 145
Building Features
Balconies: 1
Elevator(s): 1
Exterior Lighting: 1
Fenced Area: 1
Laundry Facilities: 1
Pool: 1
Heating
Central Building: 1
Central Individual: 1
Sale Includes
Building: 1
Fixtures: 1
Land: 1
Leases: 1
Construction Materials
Block: 1
Listing Terms
Assumable: 1
Cash: 1
Road Frontage Type
City Street: 1
Roof
Tar/Gravel: 1
Security Features
Fire Alarm: 1
Security Fence: 1
Security Gate: 1
Security Lights: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 371886
Inc/Exp Statement Period: 12/31/2011
Other Income: 2120
Real Estate Taxes: 137567
Total Expenses: 371886
Utilities Expense: 78508
Vacancy Allowance Rate: 3
Occupancy Percentage: 100
Gross Scheduled Income: 1089060
Insurance Expense: 93772
Maintenance Expense: 26955
Net Operating Income: 717174
Other Expense: 5000
Professional Management Expense: 32672
Supplies Expense: 15600
Trash Expense: 11700
Source Of Expenses
Owner Provided: 1
Description of Unit Type 1
Units Total: 1
Furnished: No
Annual Rent: 650
Description of Unit Type 2
Units Total: 38
Furnished: No
Annual Rent: 850
Cooling
Central Building: 1
Central Individual: 1
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: 1
Furnished: No
Annual Rent: 1300
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
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
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
Listing Office: U.S.A. Lending & Realty, Inc.
Last Updated: May - 23 - 2026
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