1601 NW 62nd Terrace, Miami, FL 33147
$799,000
Property Type:
Residential Income
Square Footage:
2,340
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$799,000
List Date:
7/09/2025
Last Modified:
3/18/2026
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.
More Information MLS# F10514104
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Contract Date: 2025-07-08
Status: Active
Original List Price: 799000
List Price: $799,000
Current Price: $799,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipality Type: Incorporated
Municipal Code: 01
Postal Zip: 33147
Geographic Area: DADE
Subdivision Number: 27
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 1601
Street Direction Prefix: NW
Street Name: 62nd
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33147
Postal Code +4: 7900
Subdivision Name: E LIBERTY CITY SEC A
Area: 2310
High School: Miami Northwestern
Parcel Number: 01-31-14-027-0960
Zoning: 5700
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
Currently Not Used
Number Of Units Total: 2
General Property Information
Adjusted Area Main: 2106
Living Area Main: 2340
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 4
Lot Size Area: 3400
Senior Community YN: No
Stories Total: 2
Pool Private YN: No
LP/Assessed Value: 2.07
Property Sub Type: Duplex
Building Area Main: 2340
Building Area Source: Public Records
Year Built: 2006
Lot Size Acres: 0.08
Financial Information
Application Required YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 385748
Assessor Market Value: 415737
Tax Annual Amount: 7679
Tax Year: 2025
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
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Courtyard: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Special Information
Sold As-Is: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: Yes
Separate Water Meters YN: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Water: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Tile: 1
Water Source
Public: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Showing Service: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
Other Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Showing Details
Pet(s) on Premises: No
Unit 1 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 2340
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2025-12-31
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 0
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 2340
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: Month To Month
Lease Expiration: 2025-12-31
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Unit 2 Rooms
Family Room: 1
Kitchen: 1
Price Calculations
Current Price To SqFt: 341.45
Section Details
Parcel Number MLX: 0960
Status Change Information
Major Change Timestamp: 2025-07-09T00:40:44Z
Major Change Type: New Listing
Status Change Date: 2025-07-08
Originating Details
Originating System Key: 600977615
Originating System ID: M00000170
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
Listing Office:
Elevate Real Estate Brokers of
Last Updated: March - 18 - 2026
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