$2,672

closing credit¹

541 NE 62nd St Unit 8 Miami, FL 33138

$225,000
1 bed
1 full
545 sqft
$413 / sqft
Condo

Property details

About 541 NE 62nd St Unit 8

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
Size545 sqft
Year built1947
MLS #A11707013
ViewOther

Virtual tour

Summary

  • MLS Number: A11707013
  • MLS Name: SEFMIAMI
  • Office Name: The Suero Group
  • Office Phone: (305) 901-7176
  • Listing Agent: Thomas Falkenstein

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: 2/1/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$225,000

541 NE 62nd St Unit 8

$2,672

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Morningside K-8 Academy

Public Magnet PK-5

0.2 mi

6620 NE 5th Ave

7

Toussaint L'Ouverture Elementary School

Public District PK-5

0.6 mi

120 NE 59th St

7

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,849. Most Miami, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

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

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

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

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Frequently asked questions

About 541 NE 62nd St Unit 8

This home is located at 541 NE 62nd St Unit 8 in Miami, FL and zip code 33138 in the Upper East Side neighborhood. This 545 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 $225,000.

Over 31 listings were sold over their listed price in January 2025 in Miami, FL. In the same period over 425 listings were sold below the listed price and 74 listings were sold for the listed price. Between December and January 2025, Miami, FL real estate market has seen increase in the number of listings by 14.8%. Listings spent 76 days on the market in January 2025, and had a median list price of $574,895 during the same period.

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

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