40 NW 62 ST, Miami, FL 33150

Parcel: 0131130500050 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 6101

Assessed Value (2025)
$363,478

Property Details

Beds
3
Baths
3
Living Sqft
1,649
Year Built
1952
Lot Sqft
3,800
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$417,000
2023-06-21
DAVID COBB62 REALTY TRUST LLC
2
$417,000
2023-07-03

Tax Assessment History

$363,478
Assessed (2025)
$363,478
Market Value
$363,478
Taxable Value
$7,400
Annual Tax
2024
$363,478
2025
$363,478
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $363,478 $363,478 $363,478 $7,400
2024 $363,478 $363,478 $363,478 $7,400

About 40 NW 62 ST, Miami, FL 33150

40 NW 62 ST, Miami, FL 33150 is a 3-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1952 with 1,649 square feet of living space on a 3,800 square foot lot. The property is currently owned by 62 REALTY TRUST LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-07-03 for $417,000. The 2025 assessed value is $363,478 with a market value of $363,478. This breaks down to $266,000 for the land and $97,478 for the building.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $31,406, and the median home value is $334,000.

The population density is 10,865 people per square mile. There are active mortgage liens totaling $517,871 recorded against this property. 40 NW 62 ST, Miami, FL 33150 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price.

Based on the most recent sale, this property traded at $253 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

62 REALTY TRUST LLC
936 SW 1ST AVE UNIT 137, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,761 — $8,796
Flood $400 — $800
Property/Wind $4,361 — $7,996

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$31,406
Median Home Value$334,000
Pop. Density10,865/sq mi

Neighborhood 33150

44.9%
Owner-Occ
55.1%
Investor
295
Flips (4yr)
3,118
New Biz (3yr)
Distress Risk
ELEVATED
47
View full risk analysis →

Mortgages

ACTIVE
$528,000
~$517,871 bal.
COREVEST AMERICAN FINANCE LENDER LLC · 2024-08-02
1 satisfied mortgage
SATISFIED 2023-07-03
$532,694
COREVEST AMERICAN FINANCE LENDERS LLC
Est. Total Balance $517,871
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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