536 NE 62 ST 1, Miami, FL 33138

536 NE 62 ST 1, Miami, FL 33138 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2006 with 627 square feet of living space. The property is currently owned by WM62 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 2021-06-01 for $1,700,000, when FALKON PROPERTIES LLC sold to WM62 LLC. The property has appreciated $1,575,000 (1260%) since the prior sale of $125,000 on 2017-05-17. There are 3 recorded sales for this property.

The 2025 assessed value is $178,200 with a market value of $178,200. The assessed value increased 9% from $163,350 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 $1,200,177 recorded against this property. 536 NE 62 ST 1, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 10% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $2711 per square foot — a key metric for comparing value across Miami's real estate market..