$1,250,000
 $6,710 est/mo Sourced by Back At You

5731 SW 62nd Terrace,Miami, FL 33143

Miami, FL 33143

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Description

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.

Details

MLS #A12072330
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1949
Days On Site80
Listing Provided ByCompass Florida, LLC | Michelle Andrea Suegart

Features

Bed(s)6
Bath(s) 6 Total
SQ Feet1,938
Car PortYes
Story(s)1
Zoning0100
Acreage0.19
Property ViewYes

Parking

Garage Yes / NoNo
Parking FeaturesCarport, Detached Carport, Driveway

Taxes

Tax Annual Amount10744

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33143
Area2400
Community NameDE CARLO MANOR
Listing VS Median (in DE CARLO MANOR)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
1,938
low | high
Med:
1,938
50% of Average
$ / sqft:
$645
low | high
Med:
$645
50% of Average
On site:
80
low | high
Med:
80
100% of Average
Sourced by Back At You

Market Activity 33143

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33143
Area2400
Community NameDE CARLO MANOR
Listing VS Median (in DE CARLO MANOR)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
1,938
low | high
Med:
1,938
50% of Average
$ / sqft:
$645
low | high
Med:
$645
50% of Average
On site:
80
low | high
Med:
80
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $937K - $1.562M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
6421 SW 59th Avenue Property Photo 1
$1,299,000
6421 Sw 59th Avenue
South Miami, FL 33143
Listing Updated: November 4, 2026 at 8:43:44 PM PST