431 NE 62 ST, Miami, FL 33138

431 NE 62 ST, Miami, FL 33138 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1936 with 1,702 square feet of living space on a 8,250 square foot lot. The property is currently owned by MIDTOWN RENTALS 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 2020-08-21 for $350,000, when WILSON LOUIS sold to MIDTOWN RENTALS LLC. The property has appreciated $349,900 (349900%) since the prior sale of $100 on 2018-08-03. There are 3 recorded sales for this property.

The 2025 assessed value is $498,062 with a market value of $840,072. This breaks down to $825,000 for the land and $15,072 for the building. The assessed value increased 10% from $452,784 in 2024.

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 $92,162, and the median home value is $547,000.

The population density is 8,984 people per square mile. There are active mortgage liens totaling $585,000 recorded against this property. 431 NE 62 ST, Miami, FL 33138 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 2010 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 142% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $206 per square foot — a key metric for comparing value across Miami's real estate market..