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5731 SW 62nd Ter Miami, FL $ 1,250,000
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5731 SW 62nd Ter
$ 1,250,000
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5731 SW 62nd Ter

Miami, FL, 33143
$ 1,250,000
Bedrooms6 Baths6.0 Sq 1,938

Monthly Estimate*

$ 7,893

5731 SW 62nd Ter, Miami, FL 33143 - Image 1
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Single Family Home for sale in Miami, FL

for $1,250,000 with 6 bedrooms and 6 full baths. This 1,938 square foot home was built in 1949.

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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Single Family Active

Price

$ 1,250,000

Bedrooms

6

Full Bath

6

Property Type

Single Family

Taxes

$ 10,744

Style

Year Built

1949

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12072330
Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air Wall/Window Unit(s)
Possession Closing & Funding
Roof Flat Tile
Appliances Dryer Microwave Refrigerator Washer
Garage Spaces 0
Architectural Style Detached One Story
Pool Features None
Restrictions OK To Lease See Remarks
Construction Materials Block
Year Built 1949
View Other
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Community Features Other
County Miami-Dade
Property Type Residential
Subdivision Name DE CARLO MANOR
Facing Direction South
Garage Y/N false
Other Structures Guest House
Total Rooms 0
Full Baths 6
Special Listing Conditions Listed As-Is
Status Active
High School South Miami
City Miami
Senior Community Y/N false
Zoning Description 0100
MLS Area 40
Lot Size Units Square Feet
Lot Size Square Feet 8400
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Fairchild; David
Year Built Details Resale
Tax Annual Amount 10744
Middle/Junior High School South Miami
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12072330
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Single Family Residence
Legal Description DE CARLO MANOR PB 49-46 LOT 3 BLK 1 LOT SIZE 80.000 X 105 OR 21034-4945 10/2002 4 COC 23177-0891 03 2005 1
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Interior
Interior Amenities Bedroom on Main Level Family/Dining Room First Floor Entry Shower Only
Flooring Tile
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 6
Total Baths 6
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Exterior
Exterior Amenities Other
Parking Features Detached Carport Driveway
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 8400
Building Area Total 2282
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Compass Florida, Llc

Broker

michellesuegart@compass.com

Email

Affordability Calculator

$8,788
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,893
Monthly Property Taxes
$895
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292591 Elementary School
292427 Middle School
South Miami High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/17/2026 $1,250,000 Listed Price

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5731 SW 62nd Ter, Miami, FL, 33143 is a Single Family Home for sale at $1,250,000 with 1,938 sqft. 5731 SW 62nd Ter has 6 bedrooms, 6.0 baths, and was built in 1949. The property's zip code is 33143 which is in Miami, FL

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