NW 62 Street, Miami FL 33147, MIAMI, FL, 33147
Active246 days on marketListed Dec 13, 2025MLS #A11930341
About this home
NW 62 Street, Miami FL 33147
PRICE REDUCTION, OFFER AT $199,000 Commercial Lot – NW 62 Street, Miami, FL 33147 Premium 3,200 SF Vacant Commercial Parcel – Ready for Investment or Owner-Use Presenting an exceptional commercial land opportunity on NW 62 Street, within the urban growth corridor of Miami, FL 33147. This 3,200 square foot lot offers flexible commercial potential. Key Property Features: 3,200 SF (.07 AC) commercial land parcel — compact and efficient for multiple uses. Commercial zoning BU-3 allowing a range of potential business uses. Strong traffic exposure on NW 62 St — a principal east-west local thoroughfare. Community Redevelopment Area: NW 79th Street Price Reduction, For Sale at $199,000 Enterprise Zone: CENTRAL Urban Development: INSIDE URBAN DEVELOPMENT BOUNDARY Zoning Code: BU-3-Business Districts, liberal (wholesale) Includes mechanical garage and used car lo Excellent for owner-operators or investors seeking value-add redevelopment. Located in a dense, growing urban corridor with steady traffic, nearby transit, and increasing investor and redevelopment activity.
Facts & features
The home at a glance
0.07 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,504 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,504/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 67% below the Miami median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near NW 62 Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$465,000
1871 NW 63rd St, Miami FL 33147 · same community
3 bd · 2 ba · 57 DOM
Sold · Mar ’26$435,000
1844 NW 67th St, Miami FL 33147 · same community
3 bd · 2 ba · 610 sqft · $713/sqft · 98 DOM
Sold · Sep ’25$350,000
1720 NW 68th Ter, Miami FL 33147 · same community
2 bd · 2 ba · 792 sqft · $442/sqft · 18 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about NW 62 Street — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for NW 62 Street — before you fall in love.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
NW 62 Street FAQs
What would the monthly payment be for NW 62 Street, Miami FL 33147?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,504/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on NW 62 Street, Miami FL 33147?+
The most recent tax bill on record (2025) was $1,009. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $199,000, this home is listed about 67% below the Miami median of $610,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the Miami market on paper
$199,000 is 67% below the Miami median of $610,000.
02Time on market is leverage
246 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $599,000, now $199,000 — a $400K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of The Keyes Company · David Heinrich. MLS #A11930341.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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