Tour
$2,553 Closing Credit¹
#A11707025, Thomas Falkenstein, Listing Office: The Suero Group
$215,000 List price
541 NE 62nd St Unit 7 Miami, FL 33138
$2,553
Closing credit¹
1 bed
1 full
537 sqft
$400 / sqft
Condo
Property details
About 541 NE 62nd St Unit 7
Unique opportunity to acquire 9 of 16 units in a multi- family building in the heart of Miami's vibrant Little River neighborhood. Property has a recently replaced roof and successfully passed the 40 year certification. All 9 units are fully renovated 1 bedroom/ 1 bathroom, featuring in unit central AC & washer/dryer. All units are occupied with tenants on newly signed rental agreements, providing immediate cash flow with strong returns.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size537 sqft
Year built1947
MLS #A11707012
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher
- Flooring Type: Other
- Interior: Bedroom on Main Level, First Floor Entry
- Total Bedroom Count: 1
- Parking: None
- Exterior: Fence
- Architectural Style: None
- Heating: Central
- Cooling: Central Air
- List Price: $215,000
- Price/SqFt: $400
- HOA Amount: $0
- HOA Frequency: Annually
- Year Built: 1947
- Living Area: 537 SqFt
- MLS Number: A11707012
- MLS Name: SEFMIAMI
- Office Name: The Suero Group
- Office Phone: (305) 901-7176
- Listing Agent: Thomas Falkenstein
© 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: 5/6/2025, 3:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$215,000
541 NE 62nd St Unit 7
$2,553
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Morningside K-8 Academy
Public Magnet PK-5
0.2 mi
•6620 NE 5th Ave
5
Toussaint L'Ouverture Elementary School
Public District PK-5
0.6 mi
•120 NE 59th St
6
Shadowlawn Elementary School
Public District PK-5
1.2 mi
•149 NW 49th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,849. The majority of Miami, FL residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
47%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
17%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 541 NE 62nd St Unit 7
The listing price of 541 NE 62nd St Unit 7 property is $215,000.
The property 541 NE 62nd St Unit 7 is a condo located in Miami, Florida, 33138.
Active Listing: 541 NE 62nd St Unit 7 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 541 NE 62nd St Unit 7 are: Morningside K-8 Academy (GreatSchools Rating 7/10), Toussaint L'Ouverture Elementary School (GreatSchools Rating 5/10), Shadowlawn Elementary School (GreatSchools Rating 6/10), Horace Mann Middle School (GreatSchools Rating 4/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10), Miami Edison Senior High School (GreatSchools Rating 5/10), Design & Architecture Senior High School (GreatSchools Rating 10/10).
The property at 541 NE 62nd St Unit 7 has 1 bedroom and 1 bathroom.
The property 541 NE 62nd St Unit 7 is 537 SqFt (source: MLS/tax record).
The year of construction for 541 NE 62nd St Unit 7 is 1947.
This home is located at 541 NE 62nd St Unit 7 in Miami, FL and zip code 33138 in the Upper East Side neighborhood. This 537 square foot home was built in 1947. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $215,000.
Miami, FL housing market in April 2025 saw over 63 listings sold above listed price, more than 119 sold at listed price and over 593 sold below. The inventory of homes for sale in Miami, FL between March and April 2025 increased by 9.2%. While the average time on the market in April 2025 was 73 days, the median list price was $585,104.
From Rocket Homes Real Estate and based on county public records data.