6116 SW 62 TER 2, South Miami, FL 33143

6116 SW 62 TER 2, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1953 with 633 square feet of living space. The property is currently owned by GAURAV MALHOTRA, 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 2015-10-14 for $104,900, when ALEJANDRO PERERA sold to GAURAV MALHOTRA. The property has appreciated $54,400 (108%) since the prior sale of $50,500 on 2013-08-06. There are 3 recorded sales for this property.

The 2025 assessed value is $157,594 with a market value of $163,398. The assessed value increased 10% from $143,268 in 2024. The median household income in this area is $35,481, and the median home value is $466,900.

The population density is 6,973 people per square mile. 6116 SW 62 TER 2, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2006 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 150% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $166 per square foot — a key metric for comparing value across South Miami's real estate market..