1601 NW 62nd Terrace, Miami, FL 33147

$799,000
Property Type: Residential Income Square Footage: 2,340 Status: Active
Current Price: $799,000 List Date: 7/09/2025 Last Modified: 3/18/2026

Overview

Description

Excellent opportunity to own a duplex in Miami’s rapidly evolving Liberty City neighborhood. Surrounded by new construction, redevelopment, and ongoing infrastructure improvements. The duplex provides two units in a high-demand rental market, making it ideal for buy-and-hold investors or those seeking future appreciation as neighborhood revitalization continues. Separate electric and water meters in place. Convenient access to major roads, employment centers, and central Miami locations enhances tenant demand.Invest where growth is already underway — before values fully reflect the transformation.

Supplements: This property offers strong long-term upside for investors looking to enter an area with growing momentum.The duplex provides two income-producing units in a high-demand rental market, making it ideal for buy-and-hold investors or those seeking future appreciation as neighborhood revitalization continues.

Listing Details MLS# F10514104

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2340
Building Area Source
Public Records
Living Area Main
2340
Living Area Source
Public Records
Adjusted Area Main
2106
Accessibility Features YN
No
Year Built
2006
Parking Total
4
Gated Community YN
No
Lot Size Area
3400
Lot Size Acres
0.08
Senior Community YN
No
Stories Total
2
Pool Private YN
No
LP/Assessed Value
2.07

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: Courtyard Flooring: Tile Property Condition: Resale Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Water Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Negotiable Restrictions: Other Restrictions Roof: Flat; Tile Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Showing Service Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Family Room; Kitchen

Contract Information

Comp Sale YN
No
Original List Price
799000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1601
Street Direction Prefix
NW
Street Name
62nd
Street Suffix
Terrace
City Name
Miami
Municipality Type
Incorporated
Municipal Code
01
State Or Province
FL
Postal Code
33147
Postal Code +4
7900
Postal Zip
33147
Subdivision Name
E LIBERTY CITY SEC A
Area
2310
Geographic Area
DADE
High School
Miami Northwestern
Special Assessment YN
No
Parcel Number
01-31-14-027-0960
Subdivision Number
27
Zoning
5700
Flood Zone
X
Directions
South to MiamiRight NW 32nd AvLeft NW 79th StRight NW 17th Ave Left NW 62nd TerrOn Left 1601 NW 62ndUse GPS for best directions

Financial Information

Application Required YN
No
Tax Annual Amount
7679
Tax Year
2025
Tax Assessed/SOH Value
385748
Tax Legal Description
E LIBERTY CITY SEC A PB 39-19 LOT 2 LESS S5FT BLK 5 73R1919 LOT SIZE 40.000 X 85 OR 19163-1988 0600 4 COC 23150-0252/23135-0005 0305 3 23879
Assessor Market Value
415737
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2025-07-09T00:40:44Z
Major Change Type
New Listing
Status Change Date
2025-07-08

More Information

Co-Ownership

Property Management YN
No

Meter Information

Separate Electric Meters YN
Yes
Separate Gas Meters YN
Yes
Separate Water Meters YN
Yes

Pet Details

Pet Fee YN
No

Showing Details

Pet(s) on Premises
No

Unit 1 Details

Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
2340
Actual Rent
0

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2025-12-31

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
2340
Actual Rent
0

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2025-12-31

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
341.45

Section Details

Parcel Number MLX
0960

Originating Details

Originating System Key
600977615
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Exterior Features

Courtyard
Yes

Flooring

Tile
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Special Listing Conditions

Standard
Yes

Documents Available

Copy Of Lease(s)
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes
Tile
Yes

Water Source

Public
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Showing Service
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

Other Restrictions
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes
Parking Space
Yes

Unit 1 Rooms

Family Room
Yes
Kitchen
Yes

Unit 2 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 2 Rooms

Family Room
Yes
Kitchen
Yes
Listing Office: Elevate Real Estate Brokers of
IDX
Last Updated: March - 18 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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