720 NE 62 ST 504, Miami, FL 33138

Parcel: 0132180860180 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$448,872

Property Details

Beds
2
Baths
2
Living Sqft
1,172
Year Built
2008
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$445,000
2012-03-16
IOS ON THE BAY LLCCARLOS PEREZ HERRERA
2
$605,000+36%
2016-05-03
CARLOS PEREZ HERRERAEDUARDO GONZALEZ
3
$435,000-28%
2021-02-23
EDUARDO GONZALEZJESUS TORRES

Tax Assessment History

$448,872
Assessed (2025)
$647,368
Market Value
$398,150
Taxable Value
$8,106
Annual Tax
2024
$436,222
$558,076
2025
$448,872
$647,368
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $448,872 $647,368 $398,150 $8,106
2024 $436,222 $558,076 $386,222 $7,863

About 720 NE 62 ST 504, Miami, FL 33138

720 NE 62 ST 504, Miami, FL 33138 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2008 with 1,172 square feet of living space. The property is currently owned by JESUS TORRES, 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 2021-02-23 for $435,000, when EDUARDO GONZALEZ sold to JESUS TORRES. The property sold for $170,000 less than the prior sale of $605,000 on 2016-05-03. There are 3 recorded sales for this property.

The 2025 assessed value is $448,872 with a market value of $647,368. The assessed value increased 3% from $436,222 in 2024. The property has the following tax exemptions: homestead.

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 $140,733 recorded against this property. 720 NE 62 ST 504, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 103% of the most recent sale price.

Based on the most recent sale, this property traded at $371 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JESUS TORRES
720 NE 62 ST 504, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,093 — $5,288
Flood $400 — $800
Property/Wind $2,693 — $4,488

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
$150,000
~$140,733 bal.
LENDSURE MORTGAGE CORP · 2021-04-29
Est. Total Balance $140,733
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales