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1601 NW 62nd Ter
Multi-Family
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$799,000

$341/sqft

1601 NW 62nd Ter, Miami

Great $/sqft
6 bd·4 ba·2,340 sqft
Built 20063,485 sqft lotLiberty Square

1601 NW 62nd Ter, Miami, FL

6 bd · 4 ba · 2,340 sqft Multi-Family listed at $799,000, built in 2006 in the Liberty Square neighborhood.

About this home

Excellent opportunity to own a duplex in Miami's rapidly evolving Liberty City neighborhood. Surrounded by new construction, redevelopment, and ongoing infrastructure improvements. The duplex provides two units in a high-demand rental market, making it ideal for buy-and-hold investors or those seeking future appreciation as neighborhood revitalization continues. Separate electric and water meters in place. Convenient access to major roads, employment centers, and central Miami locations enhances tenant demand.Invest where growth is already underway - before values fully reflect the transformation. This property offers strong long-term upside for investors looking to enter an area with growing momentum.The duplex provides two income-producing units in a high-demand rental market, making it ideal for buy-and-hold investors or those seeking future appreciation as neighborhood revitalization continues.

Property details

Price
$799,000
Bedrooms
6
Bathrooms
4
Interior
2,340 sqft
Price / sqft
$341
Year built
2006
Lot size
3,485 sqft
Type
Multi-Family
Days on market
45
Est. property tax
$6,871/yr · $573/mo · 0.86% FL avg
Last sold
$85,000 · Mar 2012

Estimated monthly payment

Down payment20% ($159,800)
Interest rate6.75%
Principal & Interest$4,146
Property Tax$732
Insurance$150
Total$5,028/mo

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Price history

$870K$442K$14K$319K on Jan 07 (Sold)$85K on Mar 12 (Sold)$292K on Sep 18 (Initial list)$292K on Oct 18 (Price change)$799K on Jul 25 (Initial list)$799K on Mar 26 (Initial list)$799K on Mar 26 (Relisted)
$319K · Jan 07$799K · Mar 26
  1. Mar 26, 2026$799,000Relisted
  2. Mar 11, 2026$799,000Initial list price
  3. Jul 9, 2025$799,000Initial list price
  4. Oct 1, 2018$292,000Price change
  5. Sep 26, 2018$292,000Initial list price
  6. Mar 29, 2012$85,000Sold
  7. Jan 24, 2007$319,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1601 NW 62nd Ter, Miami
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Home Intelligence

Neighborhood (zip 33147)

Median age is 38.2; 11% hold a bachelor's degree; 51% of homes are owner-occupied; median household income is $45,092.

Median income
$45,092
Median age
38.2
Owner-occupied
50.6%
Bachelor's degree
11.2%
Census median home value
$234,100

Source: US Census Bureau American Community Survey 5-year estimates.

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