$399,000
1891 NW 62nd Ter, Miami FL 33147
Miami, FL, 33147
- Year Built
- 1947
- Property Type
- Single Family Residence
- MLS #
- A12016245
Market Position
Using 199 of 1,053 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $399,000 · area median: $640,000
- Days on market
- 81 · area median: 13
Priced below 98% of 199 comparable listings · area median: $462/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 30, 2026 · Newest source update: Jul 30, 2026
Listing courtesy of Platinum Properties Int'l Inc. · 305-854-6247
Listed by Olga Formoso
Last updated: Jul 30, 2026
Overview
Investment Opportunity - The seller states they will not show because the floor is hazardous and they will not risk any lawsuits. The PVC plumbing, windows, roof, and electrical done in 2023This three-bedroom, two-bath home offers excellent potential for investors, renovators, or buyers looking to create their own vision. The property features a living room, dining room, kitchen, spacious front porch, and a large backyard. The home has solid bones, with the roof and overall structure in good condition, providing a strong starting point for renovation. While the interior will require a full renovation due to prior tenant damage, this property presents a valuable opportunity to restore and significantly increase its value. Flooring will need to be repaired or replaced, and the interior is ready for updating throughout. Located in a neighborhood currently experiencing revitalization and restoration, many nearby homes are being renovated and resold at much higher prices, making this an attractive opportunity for investors and buyers looking to build equity. The vacant lot next door, also being sold separately by the same owner, offering additional possibilities for expansion, parking, outdoor living space, or future development. Great opportunity for investors, contractors, or anyone seeking a project with strong upside potential.
Features
Interior
Exterior
Flooring
Heating
Cooling
Parking
View
Laundry
Appliances
est.$2,018/mo
Est. payment based on a $399,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.