489 NE 62nd Street, Miami, FL 33138

Property 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.