720 NE 62 ST 503, Miami, FL 33138

720 NE 62 ST 503, Miami, FL 33138 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2008 with 1,179 square feet of living space. The property is currently owned by MICHAEL RAY LEE LAURA ANNE MCDANIEL LEE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-05-14 for $820,000. There are 4 recorded sales for this property. The 2025 assessed value is $641,851 with a market value of $641,851.

The assessed value increased 31% from $491,310 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

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 $561,459 recorded against this property.

720 NE 62 ST 503, 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 2012 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $696 per square foot — a key metric for comparing value across Miami's real estate market..