489 NE 62nd Street, Miami, FL 33138

$2,000,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12115034

Property Type: Residential Income Square Footage: 2,428 Status: Active

Current Price: $2,000,000 List Date: 10/05/2026 Last Modified: 10/30/2026

Overview

Description

MiMo Duplex Estate on an oversized 7,566 SF corner lot at NE 62nd St and NE 5th Ave in Miami’s Upper East Side. This 1939 Streamline two-story building offers two 2 bed / 1 bath units, fully renovated in 2018 with new HVAC, electrical, plumbing, impact windows and doors, and updated kitchens and baths. Both units are currently leased, providing income while you plan for the future. Zoned T4-R, allowing up to 6 units by right. Conceptual renderings are available for a single family estate with pool or five townhouses. Mature trees, curved architecture and a spiral staircase give it true MiMo character. Minutes from the Biscayne Blvd corridor, Morningside, the Design District and Miami Beach. Rare land and income play in one of Miami’s most desirable neighborhoods.

Listing Details MLS# A12115034

General Property Information

Property Sub Type: Duplex
Building Area Main: 2428
Living Area Main: 2140
Adjusted Area Main: 2022
Year Built: 1939
Parking Total: 2
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: None Flooring: Other Structure Type: Duplex Construction Materials: CBS; Stucco; Other Cooling: Other Heating: Central; Separate Meters; Other Listing Terms: Cash Possession: Close Of Escrow Roof: Other Sewer: Septic Tank Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 2000000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 489
Street Direction Prefix: NE
Street Name: 62nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33138
Postal Code +4: 6151
Postal Zip: 33138
Subdivision Name: NORTH GATE
Area: 2320
Elementary School: Morningside K-8 Academy (Miami-Dade)
Middle Or Junior School: Horace Mann
High School: Miami Edison
Parcel Number: 0132180240360
Subdivision Number: 24
Zoning: 3900
Flood Zone: X

Financial Information

Tax Annual Amount: 13223
Tax Year: 2025
Tax Legal Description: NORTH GATE PB 8-88 LOT 8 LESS S10FT BLK 3 LOT SIZE 7566 SQUARE FEET OR 16374-3187 0594 1

Status Change Information

Major Change Timestamp: 2026-10-05T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-29

More Information

Price Calculations

Current Price To SqFt: 934.57

Section Details

Parcel Number MLX: 0360

Originating Details

Originating System Key: 569008100
Originating System ID: M00000151

Documents

Offering Memorandum ›

Listing Office: Leoni Real Estate Corp.

Last Updated: October - 30 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

489 NE 62nd Street, Miami, FL 33138 (MLS# A12115034)