$2,000,000

489 NE 62ND ST, MIAMI, FL 33138

0 baths2,140 sq ft2 to 4 unitsBuilt 1939
Updated today, November 3, 2026

This home against Palm Grove

$935 per sq ft, 57% over the Palm Grove median
31 days on the market
$13,223 in property taxes (2025)

Palm Grove today: 7 homes for sale, median list price $1,650,000.

About this home

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.

Zoned schools

Elementary: Morningside K-8 Center
Middle: Horace Mann Middle School
High: Miami Edison Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Eaton Park, 0.2 mi
Grocery: Key Food Supermarket, 0.8 mi

Distances from the center of Palm Grove, MIAMI.

Listing courtesy of Leoni Real Estate Corp.. MLS# A12115034.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 3, 2026.

Similar homes near Palm Grove, MIAMI

Home for sale at 560 NE 63RD ST, MIAMI, FL 331385 photos

$1,650,000list price

Per sq ft$589

0 ba · 2,803 sq ft 2 to 4 units

560 NE 63RD ST, MIAMI, FL 33138

Listing courtesy of Brickell Brokers LLC. MLS# A12055054.On the MLS · Listed Jul 14

Home for sale at 499 NE 64TH ST, MIAMI, FL 33138Price cut5 photos

$2,900,000list price

Price cut$100,000

0 ba · 2,483 sq ft 2 to 4 units

499 NE 64TH ST, MIAMI, FL 33138

Listing courtesy of Total Stop Inc. MLS# B26064965.On the MLS · Listed Aug 15

Home for sale at 5934 NE 4TH CT, MIAMI, FL 33137Price cut5 photos

$2,823,620list price

Price cut$50,000

4 bd · 4 ba · 3,719 sq ft House

5934 NE 4TH CT, MIAMI, FL 33137

Listing courtesy of Canvas Real Estate. MLS# A11997871.On the MLS · Listed Apr 7

Home for sale at 5990 NE 5TH AVE, MIAMI, FL 33137Price cut5 photos

$1,099,000list price

Price cut$90,000

3 bd · 3.5 ba · 1,848 sq ft House

5990 NE 5TH AVE, MIAMI, FL 33137

Listing courtesy of Willis Wilson & Associates. MLS# A12072284.On the MLS · Listed Oct 7

Home for sale at 473 NE 61ST ST, MIAMI, FL 331375 photos

$799,000list price

Per sq ft$526

5 bd · 2 ba · 1,520 sq ft House

473 NE 61ST ST, MIAMI, FL 33137

Listing courtesy of Douglas Elliman. MLS# A12082857.On the MLS · Listed Sep 1

Home for sale at 544 NE 62ND ST #5448, MIAMI, FL 33138Price cut5 photos

$150,000list price

Price cut$5,000

Studio · 1 ba · 338 sq ft Condo or villa

544 NE 62ND ST #5448, MIAMI, FL 33138

Listing courtesy of Intertrust Realty Corp.. MLS# A12048248.On the MLS · Listed Oct 7