5731 SW 62nd Ter, Miami, FL 33143
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: michelle suegart pa
Office: compass florida, llc.305-315-2396
MLS#:A12072330
Source:SEFMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$547.77
About this home
Exceptional investment opportunity just 2–3 minutes from the University of Miami! This fully occupied, income-producing property features 6 bedrooms and 6 bathrooms and generates approximately $11,000 per month in rental income. The main residence offers 3 bedrooms and 3 bathrooms and underwent a comprehensive renovation in 2022, including a new roof, impact windows, updated plumbing, electrical, HVAC system, a beautifully renovated kitchen, modernized bathrooms, and luxury finishes throughout. Ideally situated in one of South Miami's most desirable rental markets, this property enjoys consistently high demand due to its close proximity to the University of Miami, hospitals, shopping, dining, and major highways. With all units currently occupied, investors can benefit from immediate cash flow from day one. Whether you're looking to expand your portfolio or secure a turnkey income-producing asset in a premier location, this is a rare opportunity with exceptional long-term investment potential....
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Home facts
- Year built:1949
- Subdivision & Development:DE CARLO MANOR
- Listing ID #:A12072330
- Updated:October 07, 2026 at 09:55 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Tile
- Dining Description:Family/Dining Room
- Kitchen Description:Microwave, Refrigerator
- Living area:1,938 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat, Tile
- Year built:1949
- Building area:1,938 sq. ft.
- Lot area:0.19 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Levels:1 Story
Schools
- High school:South Miami
- Middle school:South Miami
- Elementary school:Fairchild; David
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$547.77
- Tax amount:$10,744 (2025)
Features and amenities
- Appliances:Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Impact Glass Windows
Parking
- Parking description:1 Carport Space(s), Detached Carport, Driveway
- Carport spaces:1
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