14250 SW 62nd St 409, Miami, FL 33183 — MLS photo

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14250 SW 62nd St 409, Miami, FL 33183

Active · Condominium

$250,000

14250 SW 62nd St 409, Miami, FL 33183

Beds
2
Baths
2
Living area
1,020 sq ft
$ / sq ft
$245/sq ft
Year built
1976
Lot size
—
HOA fee
$683 Monthly
Annual tax
$508

About this property

GREAT INVESTMENT OPPORTUNITY! Spacious 2-BEDROOM, 2-BATH CONDO WITH 1,020 SF, offering an excellent combination of functionality, location, and value in a WELL-ESTABLISHED COMMUNITY WITH BUILDING RESERVES. The bright and spacious living-dining area opens to a balcony, while the oversized BEDROOM SUITE features a WALK-IN CLOSET AND LARGE BATHROOM VANITY. Ceramic tile flooring and abundant natural light throughout make this unit comfortable and easy to maintain. Recent improvements include A/C (2019), WATER HEATER (2018), AND REFRIGERATOR (2024), helping provide added value and convenience for the next owner. The property also includes an IN-UNIT WASHER AND DRYER, PRIVATE STORAGE UNIT AND ONE ASSIGNED PARKING SPACE. LOW-MAINTENANCE OWNERSHIP AND CONVENIENT LOCATION make this property an attractive option for both investors and homeowners. Ideally situated near SHOPPING,DINING,SCHOOLS, AND MAJOR HIGHWAYS, providing easy access to everyday amenities and transportation. Whether you're looking to EXPAND YOUR INVESTMENT PORTFOLIO OR PURCHASE AN AFFORDABLE HOME WITH LONG-TERM POTENTIAL, this condo is a compelling opportunity in a well-established community.

Property location

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14250 SW 62nd St 409, Miami, FL 33183

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,020 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Electric
Heating
Electric

Exterior & Structure

Property type
Condominium
Year built
1976
Stories
5
Architectural style
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$683 Monthly
Fee inclusions
Amenities
Amenities
Clubhouse, Elevators, Pool, Storage, Trash
Security
Key Card Entry
Pets allowed
Conditional, Yes
Annual tax
$508
Subdivision
CYPRESS CLUB OF KENDALE C
County
Miami-Dade
Days on market
143
MLS listing ID
A12025436
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

$215

Cap rate
6.7%
Net yield
6.7%
Cash-on-cash return
3.7%
Gross yield
12.1%
Mortgage payment
$1,185/mo
Down payment
$62,500
Loan amount
$187,500
Annual NOI
$16,805

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.