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About This Home
This 3-bedroom, 2-bathroom single family at 1891 NW 62nd Ter in Miami, FL is listed for $399,000 ($290 per sqft). Built in 1947, the home offers 1,376 sqft of living space on a 0.08 acres lot.
Investment Opportunity - This three-bedroom, two-bath home offers excellent potential for investors, renovators, or buyers looking to create their own vision. The property features a living room, dining room, kitchen, spacious front porch, and a large backyard. The home has solid bones, with the roof and overall structure in good condition, providing a strong starting point for renovation. While the interior will require a full renovation due to prior tenant damage, this property presents a valuable opportunity to restore and significantly increase its value. Flooring will need to be repaired or replaced, and the interior is ready for updating throughout. Located in a neighborhood currently experiencing revitalization and restoration, many nearby homes are being renovated and resold at much higher prices, making this an attractive opportunity for investors and buyers looking to build equity.
The vacant lot next door, also being sold separately by the same owner, offering additional possibilities for expansion, parking, outdoor living space, or future development. Great opportunity for investors, contractors, or anyone seeking a project with strong upside potential.
Key Features
- Built in 1947
- 0.08 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1891 NW 62nd Ter
Miami, FL 33147
Liberty City
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1891 NW 62nd Ter is listed at $399,000 ($290/sqft). The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 0.08 acre lot. Interior Features: Bedroom On Main Level, First Floor Entry, Kitchen Island. Exterior Features: Balcony, Lighting.
This property is listed by Olga Formoso and can be reached at 7863595402 or olga.formoso@gmail.com.








