$1,250,000Active

5731 SW 62nd Terrace, Miami, FL 33143

Miami, FL 33143

Beds

Baths

1,938

Sq Ft

$645

$/Sq Ft

1949

Year Built

0.19 acres

Lot Size

Listing Snapshot

List Price	$1,250,000
Price / Sq Ft	$645
Beds	6
Baths	6
Living Area	1,938 sqft
Lot Size	0.19 acres

Year Built	1949
Property Tax	$10,744/yr
MLS #	1182379436
Status	Active

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.

General Features

Property Type: Residential
Sub-type: SingleFamilyResidence
Stories: 1
Direction Faces: South
Parking: Carport,DetachedCarport,Driveway
Zoning: 0100
Subdivision: DE CARLO MANOR

Interior Features

Appliances: Dryer,Microwave,Refrigerator,Washer
Flooring: Tile
Heating: Central
Cooling: CentralAir,WallWindowUnits
Interior Features: BedroomOnMainLevel,FamilyDiningRoom,MainLevelPrimary,SeparateShower