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Single Family Residence
$1,657,000$824 / sqft
463 W 62nd St, Miami Beach FL 33140
Listed
3
Bedrooms
2
Bathrooms
2,011 sqft
Interior
1937
Year built
None
HOA
Single Family Residence
Type
About this home
Live in the Heart of Mid-Beach! This 3BD/2BA residence offers easy one-story living, charming Deco architecture, sun-filled living areas, an open eat-in gas kitchen, & impact windows. Enjoy an enclosed backyard with a patio surrounded by lush greenery. One-car detached garage. Ideally located minutes from La Gorce Country Club, A-rated schools, Mount Sinai Hospital, 41st Street, beaches, the JCC, & parks. Recent price adjustment, now offered at $824/SF. Just 15 minutes to MIA Airport! Coveted Mid-Beach living offers a rare blend of neighborhood charm, top dining, wellness, & easy access to the beach and boardwalk.
Features
- First Floor Entry
- Den/Library/Office
- Great Room
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$8,379
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $8,379
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Miami Beach, from 22 active listings; the middle half ask $6,500–$18,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.