Single Family Residence
1891 NW 62nd Ter
1891 NW 62nd Ter, Miami FL 33147 Get directions
$399,000
3 Beds · 2 Baths · 1,376 SqFt
See estimated monthly costThis listing is courtesy of Platinum Properties Int'l Inc.. Olga Formoso
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.
Facts & features
Interior
- Living area (sq ft)
- 1,376
- Full bathrooms
- 2
- First Floor Entry
- Cooking Island
- Family Room
- Utility Room/Laundry
Building & exterior
- Year built
- 1947
- Lot size (sq ft)
- 3,600
- Garden
- Lighting
- Open Balcony
- Driveway
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $0
- Tax year
- 2025
- Parcel number
- 30-31-15-005-3985
Listing
- MLS number
- A12016245
- Property type
- Single Family Residence
- Price per SqFt
- $290
- Subdivision
- LIBERTY CITY
- On market since
- May 10, 2026
- Days on market
- 81
Estimated monthly cost
$2,317 per month
- Principal & interest (30 yr)
- $2,018
- Property tax
- $0
- Insurance (estimated)
- $299
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Faces Learning Academy
- Children of Destiny Learning Academy
- Charles R. Drew K-8 Center
- Prayer and Praise Christian Academy
- AMC Academy
- Grace Christian Preparatory North
- Meyga Learning Center
- Poinciana Park Elementary
- Agenoria S. Paschal/ Olinda Elementary School
- KIPP Miami Sunrise Academy
- Liberty City Elementary
- The Kingdom Learning Academy
- D.A. Dorsey Technical College
- Orchard Villa Elementary
- Jackson Preparatory Academy
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