Chariff Realty Group proudly presents an exceptional investment opportunity within Miami’s thriving real estate market. This 6-unit multifamily property not only provides a steady income stream but also holds significant development potential for savvy investors.

490 NE 62 St is perfect for investors or developers looking to blend rental income with long-term growth through strategic redevelopment. This property’s prime & high-demand location and versatile potential make it a rare and valuable addition to any real estate portfolio.

PROPERTY HIGHLIGHTS:

• 6 Units Multifamily

• 100% Occupancy

• Value Add Potential

• Redevelopment into 4-6 Luxury Townhomes

• Potential Assemblage Opportunity

AREA HIGHLIGHTS:

• Minutes away from the Miami Design District, home to high-end shopping, fine dining, art galleries, and luxury brands 

• Quick access to I-95 and Biscayne Boulevard allows for easy commuting to Miami’s Urban Core

• 15-20 minute drive to Miami Beach, providing quick access to some of the most popular beaches in the world

• Palm Grove has been rapidly transforming with new developments and upscale/luxury residential projects