Duplex

489 NE 62nd St

489 NE 62nd St, Miami FL 33138 Get directions

$2,000,000

For Sale

2,140 SqFt

See estimated monthly cost

This listing is courtesy of Leoni Real Estate Corp.. Molli Leoni

Overview

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.

Facts & features

Interior

Living area (sq ft): 2,140

Building & exterior

Year built: 1939

Taxes

Annual tax: $13,223
Tax year: 2025
Parcel number: 01-32-18-024-0360

Listing

MLS number: A12115034
Property type: Duplex
Price per SqFt: $935
Subdivision: NORTH GATE
On market since: Oct 5, 2026
Days on market: 24

Estimated monthly cost

$12,715 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $10,113
Property tax: $1,102
Insurance (estimated): $1,500

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

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Nearby schools

The Cushman School Private · PK-12 · 0.18 mi
Morningside K-8 Center Public · PK-8 · 0.22 mi
Toussaint L''ouverture Elementary Public · PK-5 · 0.54 mi
Morningside Montessori School Private · 06-12 · 0.79 mi
Tangerine Learning Center Private · PK-05 · 0.85 mi
iTech@Thomas A. Edison Education Center Public · 9-12 · 0.86 mi
MDCPS Police Center Public · 0 · 0.90 mi
Stars Learning III Private · KG-12 · 0.91 mi
Stars Learning Center Private · KG-12 · 0.91 mi
Yvonne Learning Center (YLC) Private · PK-12 · 0.94 mi

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