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About This Home

Nestled in the Mystic Condo neighborhood at 577 NE 62 Street in Miami, FL, this 1925-built two-story condo offers a great investment opportunity in the nearby Mimo District, just steps from Biscayne Blvd. The 610-square-foot unit features two bedrooms, one bathroom, with a bedroom conveniently on the main level.

It includes central air conditioning and central heating for year-round comfort. The kitchen is equipped with a dishwasher, microwave, range, and refrigerator, while a washer adds to the practical amenities. Currently rented, this property stands out in Miami's market, where the median price reaches $650,000 and average home sizes top 1,596 square feet.

Its compact layout and historic charm from the 1925 construction provide a foothold in a city with 584 active listings, appealing to investors seeking value in an established area.

Agent Description

Great Investment opportunity in the Mimo District! 2 Beds 1 Bath just steps away from Biscayne Blvd. Unit is currently rented,

Key Features

  • Built in 1925
  • 2 stories

Property Details

2 stories
1 full
#2
1925

Amenities

View

Monthly Cost Estimate

$1,043/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

577 NE 62 STREET

Miami, FL 33138

Mystic Condo

Features & Amenities

Interior Features

Bedroom On Main Level

Exterior Features

None

Property Details

Flooring

Parquet Wood

Construction

Block

Views

Other

Parking

AssignedGarageOn Street

Heating

Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 1-bathroom condo at 577 NE 62 STREET is listed at $195,000 ($320/sqft). The estimated monthly payment is $845 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 2 stories. Interior Features: Bedroom On Main Level. Exterior Features: None.

This property is listed by Kevin Waissmann and can be reached at 3057336078 or kwaissmann@gmail.com.

KW

Kevin Waissmann

Agent at Fortune Christie's International Real Estate

(305) 733-6078

Listed by Fortune Christie's International Real Estate · View on Broker Site

MLS# A11769742· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

577 NE 62 STREET, Miami, FL 33138

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