31 SW 62nd Ct Miami, FL 33144
Flagami NeighborhoodEstimated payment $4,212/month
Total Views
1,286
--
Bed
--
Bath
1,974
Sq Ft
$360
Price per Sq Ft
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
About This Home
This exceptional income-producing property is a rare find in the heart of Flagami, just minutes from Coral Gables and West Miami. Situated in a high-demand rental area with ample parking, and spacious layouts this non-conforming 6-unit residence offers outstanding cash flow potential, making it a perfect opportunity for investors seeking strong returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,993
Year Built
- Built in 1954
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 1,974 Sq Ft Home
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Fairlawn Condos
- Fairlawn Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-40-01-005-0290
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,956 | $172,192 | -- | -- |
| 2023 | $2,956 | $167,177 | $0 | $0 |
| 2022 | $2,860 | $162,308 | $0 | $0 |
| 2021 | $2,841 | $157,581 | $0 | $0 |
| 2020 | $2,803 | $155,406 | $0 | $0 |
| 2019 | $2,601 | $145,661 | $0 | $0 |
| 2018 | $2,495 | $142,946 | $0 | $0 |
| 2017 | $2,462 | $140,006 | $0 | $0 |
| 2016 | $2,465 | $137,127 | $0 | $0 |
| 2015 | $2,486 | $136,174 | $0 | $0 |
| 2014 | $2,509 | $135,094 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | For Sale | $710,000 | -- | $360 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $303,000 | -- | |
| Warranty Deed | $235,000 | -- | |
| Personal Reps Deed | $100 | -- | |
| Quit Claim Deed | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $329,500 | Unknown | |
| Closed | $29,500 | Credit Line Revolving | |
| Closed | $303,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $235,000 | Unknown | |
| Previous Owner | $114,000 | New Conventional | |
| Previous Owner | $64,991 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11776749
APN: 01-4001-005-0290
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