Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,506 sq ft
Active · SingleFamilyResidence
$700,000
243 NW 62nd Ct, Miami, FL 33126
- Beds
- 3
- Baths
- 2
- Living area
- 1,506 sq ft
- $ / sq ft
- $465/sq ft
- Year built
- 1946
- Lot size
- 10,530 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
*** LOCATION LOCATION ...JUST REDUCED FOR QUICK SALE. This exceptional property presents an IDEAL INVESTOR OPPORTUNITY, boasting an OVERSIZED LOT of 10,560 square feet with a 3-bedroom, 2-bathroom residence, garage and ample parking space. Huge backyard - Screened porch - shed. With room for expansion or the addition of a pool, this INVESTMENT GEM has tremendous potential for growth and development, strong potential for rental income and long-term appreciation. Centrally located just minutes from major highways and Miami International Airport, and two blocks from Flagler.
Property location
Get Directions243 NW 62nd Ct, Miami, FL 33126
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1946
- Lot size
- 10,530 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11882148
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$663
- Cap rate
- 4.6%
- Net yield
- 4.6%
- Cash-on-cash return
- -4.1%
- Gross yield
- 7.9%
- Mortgage payment
- $3,318/mo
- Down payment
- $175,000
- Loan amount
- $525,000
- Annual NOI
- $31,869
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.