Investment Opportunity - This three-bedroom, two-bath home offers excellent potential for investors, renovators, or buyers looking to create their own vision. The property features a living room, dining room, kitchen, spacious front porch, and a large backyard. The home has solid bones, with the roof and overall structure in good condition, providing a strong starting point for renovation. While the interior will require a full renovation due to prior tenant damage, this property presents a valuable opportunity to restore and significantly increase its value. Flooring will need to be repaired or replaced, and the interior is ready for updating throughout. Located in a neighborhood currently experiencing revitalization and restoration, many nearby homes are being renovated and resold at much higher prices, making this an attractive opportunity for investors and buyers looking to build equity. The vacant lot next door, also being sold separately by the same owner, offering additional possibilities for expansion, parking, outdoor living space, or future development. Great opportunity for investors, contractors, or anyone seeking a project with strong upside potential.
For sale
$399,000
1891 NW 62nd Ter, Miami, FL 33147
3beds
1,376sqft
Single Family Residence
Built in 1947
3,600 Square Feet Lot
$394,200 Zestimate®
$290/sqft
$-- HOA
What's special
Newer roofSleek modern kitchen
- 64 days |
- 434 |
- 21 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Olga Formoso 786-359-5402,
Platinum Properties Int'l Inc.
Source: MIAMI,MLS#: A12016245
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven
- Laundry: Laundry Room, Washer/Dryer Hook-Up
Features
- Kitchen Island
- Flooring: Tile, Wood
- Windows: Blinds
Interior area
- Total structure area: 1,478
- Total interior livable area: 1,376 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Exterior features: Lighting, Balcony
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Garden
Lot
- Size: 3,600 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3031150053985
- Zoning: 5700
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS Construction
- Roof: Shingle
Condition
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Subdivision: Liberty City
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $263,521
- Annual tax amount: $4,376
- Date on market: 5/10/2026
- Listing terms: All Cash
Estimated market value
Zestimate®
$394,200
Estimated sales range
$374,000 - $414,000
Rent Zestimate®
$2,973/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Listed for sale | $399,000+26.4%$290/sqft |
Source: | ||
| 5/4/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/22/2021 | Price change | $2,164-13.4%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/20/2021 | Price change | $2,500-5.9%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/15/2021 | Listed for rent | $2,657+26.5%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 1/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/17/2020 | Listing removed | $315,557$229/sqft |
Source: Owner Report a problem | ||
| 10/3/2020 | Price change | $315,557+5.2%$229/sqft |
Source: Owner Report a problem | ||
| 9/20/2020 | Price change | $300,000-6.3%$218/sqft |
Source: Owner Report a problem | ||
| 8/11/2020 | Price change | $320,000-1.5%$233/sqft |
Source: Owner Report a problem | ||
| 7/29/2020 | Price change | $325,000+18.6%$236/sqft |
Source: Owner Report a problem | ||
| 7/26/2020 | Listed for sale | $274,000+11.8%$199/sqft |
Source: Owner Report a problem | ||
| 5/26/2020 | Listing removed | $2,100$2/sqft |
Source: Go Section8 Report a problem | ||
| 5/5/2020 | Listed for rent | $2,100$2/sqft |
Source: Go Section8 Report a problem | ||
| 4/29/2020 | Listing removed | $245,000$178/sqft |
Source: Redfin Corporation #A10791647 Report a problem | ||
| 1/21/2020 | Price change | $245,000-2%$178/sqft |
Source: Redfin Corporation #A10791647 Report a problem | ||
| 12/27/2019 | Listed for sale | $250,000+6.4%$182/sqft |
Source: Redfin Corporation #A10791647 Report a problem | ||
| 8/6/2019 | Listing removed | $235,000$171/sqft |
Source: Redfin Corporation #A10688750 Report a problem | ||
| 7/5/2019 | Pending sale | $235,000$171/sqft |
Source: Redfin Corporation #A10688750 Report a problem | ||
| 6/13/2019 | Listed for sale | $235,000-6%$171/sqft |
Source: Redfin Corporation #A10688750 Report a problem | ||
| 5/5/2019 | Listing removed | $250,000$182/sqft |
Source: Mint a Real Estate Brokerage, LLC #A10662974 Report a problem | ||
| 5/3/2019 | Pending sale | $250,000$182/sqft |
Source: Mint a Real Estate Brokerage, LLC #A10662974 Report a problem | ||
| 4/24/2019 | Price change | $250,000+0%$182/sqft |
Source: Mint a Real Estate Brokerage, LLC #A10662974 Report a problem | ||
| 4/13/2019 | Price change | $249,9000%$182/sqft |
Source: Mint a Real Estate Brokerage, LLC #A10662974 Report a problem | ||
| 3/8/2019 | Listed for sale | $249,995$182/sqft |
Source: Mint a Real Estate Brokerage, LLC #A10620170 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,376 +5.7% | $185,341 +10% |
| 2024 | $4,139 +8.7% | $168,492 +10% |
| 2023 | $3,808 +11.1% | $153,175 +10% |
| 2022 | $3,428 +15.4% | $139,250 +10% |
| 2021 | $2,970 +9% | $126,591 +10% |
| 2020 | $2,726 -13.9% | $115,083 -15% |
| 2019 | $3,166 +51.6% | $135,334 +10% |
| 2018 | $2,088 -21% | $123,031 +89.3% |
| 2017 | $2,642 +151% | $64,998 +2.1% |
| 2016 | $1,052 +0.7% | $63,662 +0.7% |
| 2015 | $1,045 -2.5% | $63,220 +0.8% |
| 2014 | $1,072 -3.4% | $62,719 +1.5% |
| 2013 | $1,109 | $61,793 -11.4% |
| 2012 | $1,109 -13.5% | $69,739 -15% |
| 2011 | $1,283 -36% | $82,044 -28% |
| 2010 | $2,006 -11.6% | $113,916 -15.2% |
| 2009 | $2,270 -7.2% | $134,403 +27.6% |
| 2007 | $2,445 +32.1% | $105,359 |
| 2006 | $1,851 | -- |
| 2005 | $1,851 -13.3% | -- |
| 2004 | $2,135 +39% | -- |
| 2003 | $1,537 +10.9% | -- |
| 2002 | $1,385 | -- |
| 2001 | $1,385 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33147
Nearby schools
GreatSchools rating
- 4/10Charles R Drew K-8 CenterGrades: PK-8Distance: 0.2 mi
- 2/10Miami Northwestern Senior High SchoolGrades: 9-12Distance: 1 mi
- 3/10Brownsville Middle SchoolGrades: 6-8Distance: 1 mi
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- 1891 NW 62nd Ter