$950,000
$1,100,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
540 NE 63rd St Miami, FL 33138
2,375 SqFt
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,375 sqft
Price per Sqft $400
MLS Listing ID A11051489
Sold Date 08/24/21
HOA Y/N No
Year Built 1950
Annual Tax Amount $7,092
Contingent No Contingencies
Lot Size 9,000 Sqft
Property Sub-Type Multi Family
Property Description
A 5 unit multifamily property located in Miami's MIMO (Miami Modern). The bldg is conveniently located in a central area w/close proximity to some of Miami's most desirable locations such as the Miami Design District, Wynwood art district, South Beach, Downtown Miami & Little Havana which are just a few minutes away.
The property is walking distance of the Magic City Innovation District located in the MiMo District. The 15 acre development will attract technology companies & retailers. The $1 billion project will be developed in multiple phases over several years with the beginning focused on repurposing existing dilapidated factory space. It will be 170,000 SF of industrial space would be converted to commercial and retail use, with plans for an office tower, amphitheater and apartments.
Location
State FL
County Miami-dade County
Area 32
Exterior
Private Pool Yes
Others
Tax ID 01-32-18-024-0850
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc