NOT LISTED FOR SALE

Estimated Value: $198,000 - $212,464

1 Bed
1 Bath
545 Sq Ft
1947 Built

Last Sold June 27, 2013

Last sale price $87,500 $161 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,404/month

About This Home

As of February 2019

Available February 1st .... this is the best value in MiMo, period. The Square at 62nd is just a block away from Biscayne, within walking distance to Miami's funkiest restaurants and bars. The property is fully fenced and gated.
The space inside is perfectly set up, with a fully functional living area and a spacious bedroom. Kitchen has stainless steel appliances, with a counter that can serve as a breakfast/bar area. Marble flooring throughout. Washer and dryer on premises. Perfect condo at an unbeatable price.
About 551 NE 62nd St, Miami, FL 33138

Last Agent to Rent the Property

Andrea Masses

BHHS EWM Realty License #3425653 Listed on: 01/04/2019

BHHS EWM Realty

Co-Listed By

Goran Tevdovski

MMLS Assoc.-Inactive Member License #3274203

Last Renter's Agent

Andrea Masses

BHHS EWM Realty License #3425653 Listed on: 01/04/2019

BHHS EWM Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1947

Lot Details

  • East Facing Home

Home Design

  • 545 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 2/1/19
  • Assessor Parcel Number 01-32-18-082-0020

Community Details

Overview

  • No Home Owners Association
  • The Square At 62Nd St Con Condos
  • The Square At 62Nd St Con Subdivision

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,354

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2019-02-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Condominium
  • Co List Office Mls Id: EQUT01
  • Co List Office Phone: 305-804-4848
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE SQUARE AT 62ND ST CON
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 545
  • Bedroom Features: Other

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE SQUARE AT 62ND ST CON

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-18-082-0020
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Milos Milic
Bought by
Fade Properties Miami Llc
Current Estimated Value
$206,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$121,653
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$89,097

Purchase Details

Closed on
May 5, 2017
Sold by
Boskovic Marija
Bought by
Milic Milos

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jun 26, 2013
Sold by
The Square At 62Nd St Llc
Bought by
Boskovic Marija
Seller's Agent
Donald Wilson
Willis Wilson & Associates
Buyer's Agent
Robert Ziehm
Sterling Equity Realty LLC
List Price
$97,000
Sold Price
$87,500
Premium/Discount to List
-$9,500
-9.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fade Properties Miami Llc $170,000 Lorenzo Law Miami
Milic Milos $1,000 None Available
Boskovic Marija $87,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fade Properties Miami Llc $127,500
Previous Owner Vicuna Eva $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Rented $1,250 0.0% --
01/04/2019 01/04/19 For Rent $1,250 +4.2% --
02/12/2018 02/12/18 Rented $1,200 0.0% --
12/18/2017 12/18/17 For Rent $1,200 0.0% --
06/27/2013 06/27/13 Sold $87,500 -9.8% $161 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $97,000 -- $178 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,354 $173,756 -- --
2024 $2,952 $157,960 -- --
2023 $2,952 $143,600 $0 $0
2022 $2,175 $101,106 $0 $0
2021 $1,953 $91,915 $0 $0
2020 $1,958 $91,915 $0 $0
2019 $1,962 $91,915 $0 $0
2018 $1,925 $91,915 $0 $0
2017 $1,869 $86,416 $0 $0
2016 $1,715 $78,560 $0 $0
2015 $1,747 $78,560 $0 $0
2014 $1,620 $71,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10593756

MIAMI REALTORS® MLS

APN: 01-3218-082-0020