559 NE 62 ST, Miami, FL 33138

Parcel: 0132180240910 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 3900

Assessed Value (2025)
$429,579

Property Details

Beds
4
Baths
3
Living Sqft
2,016
Year Built
1937
Lot Sqft
7,150
Stories
1
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$200,000
2013-08-21
PIBIS LLCMICHAEL PAPPALARDO JTRS
2
$100,000-50%
2014-04-15
MICHAEL PAPPALARDO JTRSMICHAEL PAPPALARDO
3
$610,000+510%
2020-08-11
MICHAEL PAPPALARDOGINTARE GOMES DE MELO NETO

Tax Assessment History

$429,579
Assessed (2025)
$898,970
Market Value
$429,579
Taxable Value
$8,746
Annual Tax
2024
$390,527
$898,970
2025
$429,579
$898,970
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $429,579 $898,970 $429,579 $8,746
2024 $390,527 $898,970 $390,527 $7,951

About 559 NE 62 ST, Miami, FL 33138

559 NE 62 ST, Miami, FL 33138 is a 4-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1937 with 2,016 square feet of living space on a 7,150 square foot lot. The property is currently owned by GINTARE GOMES DE MELO NETO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-08-11 for $610,000, when MICHAEL PAPPALARDO sold to GINTARE GOMES DE MELO NETO . The property has appreciated $510,000 (510%) since the prior sale of $100,000 on 2014-04-15. There are 3 recorded sales for this property.

The 2025 assessed value is $429,579 with a market value of $898,970. This breaks down to $715,000 for the land and $183,970 for the building. The assessed value increased 10% from $390,527 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 $462,582 recorded against this property. 559 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 2013 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price.

Based on the most recent sale, this property traded at $303 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

GINTARE GOMES DE MELO NETO
559 NE 62 ST, MIAMI BEACH, FL, 33138
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,554 — $10,250
Flood $400 — $800
Property/Wind $5,154 — $9,450

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$92,162
Median Home Value$547,000
Pop. Density8,984/sq mi

Neighborhood 33138

48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$488,000
~$462,582 bal.
HOME POINT FINANCIAL CORPORATION · 2022-06-30
Est. Total Balance $462,582
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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