Commercial Sale · Flex Space
638 NW 62nd St, Miami FL 33150, MIAMI, FL, 33150
Active580 days on marketListed Jan 13, 2025MLS #A11723809
About this property
The property at a glance
Amazing opportunity to rent this flex space that can be used as an office, store front, retail, special purpose, bank, bar or any creative place you may think for rent. It has been fully renovated with ultra high ceilings making this corner space very bright with plenty of natural light. Second floor can be used as an office or extra mezzanine space. Bathroom on the site. Lots of upgrades inside this space already done by landlord. Please call for details. Amazing availability from the street.
2,840
Building sq ft
$2
Price / sq ft
12,540
Lot sq ft
1936
Year built
7000
Zoning
Flex Space
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,563/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Ashton to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
25,017
Population
$36,974
Median income
35
Median age
3
Avg household
$350,122
Median home value
$1,376/mo
Median rent
3,231
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Recent sales
What actually sold near 638 NW 62nd St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$11,500
Nearby listing
Sold Sep 25, 2024
$32
64 NW 54th St # 103, Miami FL 33127
Sold Nov 15, 2024
$4,300
323 NE 59th Ter # 323, Miami FL 33137
Sold Dec 3, 2024
Your team
The pros in your corner
Your agent
Ashton Harris
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 638 NW 62nd St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 638 NW 62nd St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Ashton's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Miami Views Realty · Agata Munoz. MLS #A11723809.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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