720 NE 62 ST 408, Miami, FL 33138

Parcel: 0132180860290 · Residential · Condominium - Residential · Zoning: 4600

Assessed Value (2025)
$285,703

Property Details

Beds
1
Baths
1
Living Sqft
624
Year Built
2008
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$220,000
2010-06-11
EDGEWATER BY THE BAY LLLPELIAHU GIGI
2
$217,000-1%
2012-04-27
ELIAHU GIGIFRABELO LLC
3
$285,000+31%
2015-03-19
FRABELO LLCCYBELE INVESTMENTS LLC

Tax Assessment History

$285,703
Assessed (2025)
$285,703
Market Value
$285,703
Taxable Value
$5,817
Annual Tax
2024
$279,997
$285,703
2025
$285,703
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $285,703 $285,703 $285,703 $5,817
2024 $279,997 $285,703 $279,997 $5,701

About 720 NE 62 ST 408, Miami, FL 33138

720 NE 62 ST 408, Miami, FL 33138 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2008 with 624 square feet of living space. The property is currently owned by CYBELE INVESTMENTS 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 2015-03-19 for $285,000, when FRABELO LLC sold to CYBELE INVESTMENTS LLC. The property has appreciated $68,000 (31%) since the prior sale of $217,000 on 2012-04-27. There are 3 recorded sales for this property.

The 2025 assessed value is $285,703 with a market value of $285,703. The assessed value increased 2% from $279,997 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.

720 NE 62 ST 408, 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 2015, with 3 recorded transactions in the public record.

The current assessed value represents 100% of the most recent sale price. Based on the most recent sale, this property traded at $457 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

CYBELE INVESTMENTS LLC
1200 BRICKELL AVE STE 1960, MIAMI, FL, 33131-3892
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: GREG HERSKOWITZ, PA
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Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,114 — $3,800
Flood $400 — $800
Property/Wind $1,714 — $3,000

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 →
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