$710,000

31 SW 62nd Ct Miami, FL 33144

$8,431
Closing credit¹
1,974 sqft
$360 / sqft
Multi-Family

Property details

About 31 SW 62nd Ct

This exceptional income-producing property is a rare find in the heart of Flagami, just minutes from Coral Gables and West Miami. Situated in a high-demand rental area with ample parking, and spacious layouts this non-conforming 6-unit residence offers outstanding cash flow potential, making it a perfect opportunity for investors seeking strong returns.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,974 sqft
Year built1954
MLS #A11776749

Virtual tour

Summary

  • Flooring Type: Tile
  • Architectural Style: Fourplex
  • Heating: Central
  • Cooling: Central Air
  • List Price: $710,000
  • Price/SqFt: $359
  • Annual Tax Amount: $2,956
  • Tax Year: 2023
  • Lot: Rectangular Lot
  • Year Built: 1954
  • Living Area: 1,974 SqFt
  • MLS Number: A11776749
  • MLS Name: SEFMIAMI
  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (786) 748-7373
  • Office Email: cfm@faustocommercial.com
  • Listing Agent: Alessandro Lima

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 12:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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property entrance featuring stucco siding

$710,000

31 SW 62nd Ct

$8,431

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$167,177$2,956
2022$162,308$2,859
2021$157,581$2,859
2020$155,406$2,840
2018$142,946$2,495
2017$140,006$2,461

History based on county public records data.

Nearby schools

6

Fairlawn Elementary School

Public District PK-5

0.3 mi

444 SW 60th Ave

8

Sylvania Heights Elementary School

Public District PK-5

1.0 mi

5901 SW 16th St

5

Henry M. Flagler Elementary School

Public District PK-5

1.0 mi

5222 NW 1st St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,848. Most Miami, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

44%
<35k
36%
35k-100k
18%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
12%
Single, with Kids
24%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 31 SW 62nd Ct in Miami, FL and zip code 33144 in the West Flagler neighborhood. This 1,974 square foot home was built in 1954. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $710,000.

In April 2025 more than 63 listings in Miami, FL were sold above the asking price. During the same period more than 119 listings were sold at asking price, while more than 593 were sold below. Between March and April 2025, Miami, FL real estate market has seen increase in the number of listings by 9.2%. The median list price of listings available in April 2025 was $585,104, while the average time on the real estate market was 73 days.

From Rocket Homes Real Estate and based on county public records data.

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