by RH Advisors

See Home Value
$560,000
House - Off Market

248 NW 62nd Ave

Miami, FL 33126
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1688 Sqft
$552,820
RealtyHop Estimate
0.51%
Since Oct 1, 2023
FL-Miami
Primary Model

About This Property

SOLID CASH FLOW & appreciation potential in this centrally located VALUE ADD property (part of Opportunity Zone), perfectly situated minutes from Miami airport; South Florida's largest medical campus; downtown Miami; Wynwood; the beaches & other attractions. This single-family home (with income potential) offers proximity to bustling urban centers & tranquility of suburban living. Expansive backyard to entertain family & friends and/or build an addition; a pool and/or other improvements (that your long or short term tenants would appreciate). 3 bedrooms (plus one flexible space) 3 bathrooms; ample natural light; screened covered porch with separate utility room with laundry; lots of storage spaces; easy & fast rentals & a competitive price that accommodates your vision for this property.
Unit Size
1,688Ft²
Days on Market
85 days
Land Size
0.16 acres
Price per sqft
$326
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1950
Last updated: 8 months ago (Miami MLS #A11406608)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold $560,000
Sold
Aug 30, 2023 In contract -
In contract
Jul 14, 2023 Relisted $550,000
Relisted
Jul 13, 2023 No longer available -
No longer available
Jun 29, 2023 Listed by Keller Williams Capital Realty $550,000
Listed by Keller Williams Capital Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,916
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,724
  • Gross Building Area: 1,724
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINONA PARK
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WINONA PARK PB 14-64 LOT 6 LESS E5FT FOR ST BLK 11 LOT SIZE SITE VALUE OR 12925-2990 0586 1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005701

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 201
  • District: 01
  • Parcel: 01-4001-021-1080
  • Block: 11
  • Lot: 6
  • Meridian: SEC 01 TWN 54S RNG 40E
  • Municipality: MIAMI
  • Latitude: 25.7733
  • Longitude: -80.2965

    Address

  • Full Address: 248 Nw 62nd Ave
  • Address - House Number: 248
  • Street Direction: NW
  • Address - Street Name: 62nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C047
  • 4-Digit Zip Code: 4652
  • Zip Code: 33126

Valuation

    Tax

  • Total Area: 1,623
  • Tax Year: 2023
  • Tax Amount: $9,046
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 536,153
  • High Value: 586,517
  • Low Value: 485,790

    Market Valuation

  • Market Total Value: $421,592
  • Market Land Value: $262,717
  • Market Improvement Value: $158,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,592
  • Assessed Land Value: $262,717
  • Assessed Improvements Value: $158,875



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,590 ft²
$347/ft²
$552,500 Jul 3, 2023
$552,500 Sep 12, 2023
$431/mo
House
4 Beds
3 Baths
1,543 ft²
$382/ft²
$590,000 May 28, 2023
$590,000 Sep 21, 2023
$681/mo
House
2 Beds
1 Bath
775 ft²
$710/ft²
$550,000 Jul 19, 2023
$550,000 Sep 15, 2023
$394/mo
Condo
2 Beds
2 Baths
1,129 ft²
$469/ft²
$529,000 Aug 11, 2023
$529,000 Sep 25, 2023
$1,434/mo
Condo
2 Beds
2 Baths
1,082 ft²
$572/ft²
$619,000 Jun 21, 2023
$619,000 Sep 20, 2023
$1,495/mo
Multifamily
Stu
-
1,664 ft²
$352/ft²
$585,000 Mar 27, 2023
$585,000 Sep 25, 2023
$548/mo
House
3 Beds
3 Baths
1,580 ft²
$396/ft²
$625,000 Sep 19, 2023
-
$201/mo
House
3 Beds
2 Baths
1,650 ft²
$394/ft²
$650,000 Jul 17, 2023
-
$124/mo
House
3 Beds
2 Baths
1,582 ft²
$395/ft²
$625,000 Jul 26, 2023
-
$143/mo
House
3 Beds
2 Baths
1,620 ft²
$383/ft²
$620,000 Apr 17, 2023
-
$828/mo
House
3 Beds
2 Baths
1,650 ft²
$394/ft²
$650,000 Aug 4, 2023
-
$124/mo
House
3 Beds
2 Baths
1,469 ft²
$327/ft²
$480,000 Sep 6, 2023
-
$94/mo

About Western Miami


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Frequently Asked Questions

When was property at 248 Northwest 62nd Avenue built and last sold?
The property at 248 Northwest 62nd Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 248 Northwest 62nd Avenue is $566,732.
What are some comparable homes to 248 Northwest 62nd Avenue?
Homes that are comparable to 248 Northwest 62nd Avenue include a house property at 141 Southwest 69th Avenue, 5915 Southwest 3rd Street, 260 Northwest 60th Court.

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