Active Residential IDX

5731 SW 62nd Ter

5731 SW 62nd Ter, Miami, FL 33143
$1,250,000
6 Bedrooms
6 Bathrooms
1,938 sqft Area
1949 Built
MLS #: 11939793

About this property

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.

Property Details

Financial
Annual taxes
$10,744 (2025)
Interior
Appliances
Washer, Microwave, Refrigerator, Dryer
Flooring
Tile
Exterior & Lot
Roof
Tile, Flat
Parking
Carport, Driveway
Utilities
Water source
Public (WaterSource)
Sewer
Septic Tank
Listing Details
Property type
Residential
County
Miami-Dade
Subdivision
De Carlo Manor
More Details
Original list price
$1,250,000
Above grade finished area
1,938 sqft
Lot size square feet
8,400 sqft
Furnished
Unfurnished
Room type
Private Guest
Other structures
Guest House
Listing Information
Listing courtesy of
Compass Florida, LLC · 305-315-2396
Listing agent
Michelle Suegart
MLS #
11939793
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=11939793

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Listing courtesy of Compass Florida, LLC · 305-315-2396

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