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$1,250,000
Monthly Est:$6,222
6 Beds
6 Baths6 full baths
1,938sqft
5731 SW 62nd Terrace, Miami, FL 33143
$1,250,000
$6,222/moEst:
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Single Family Residence
Built in 1949
$-- HOA
8,276.4 sqft lot
$645/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 31, 2026 at 5:17 am
- Listing Provided by: Michelle Andrea Suegart DRE #3353956 | Compass Florida, LLC (305) 315-2396
- Source: Beaches MLS-FL | MLS#: A12072330
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
1,938 sqft
Lot Size
8,276.4 sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A12072330
MLS Status
Active
Days on Market
78
Cumulative Days on Market
75
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Interior
Appliances
Dryer, Microwave, Refrigerator, Washer
Exterior Features
Other
Interior Features
Bedroom On Main Level, Family Dining Room, Main Level Primary, Separate Shower
Flooring
Tile
Heating
Central
Sewer
Septic Tank
Cooling
Central Air, Wall Window Units
Construction
Year Built
Year Built: 1949
Home type
Single Family Residence
Roof
Flat, Tile
Construction Materials
Cbs Concrete Block Structure, Block
Property Condition
Resale
Utilities & Energy
Parking Features
Carport, Detached Carport, Driveway
Water Source
Public
Association Amenities
Other
Other Features
Subdivision Name
De Carlo Manor
Price History
| Date | Event | Price |
|---|---|---|
08/17/2026 Source: | Off Market | $1,250,000 $645/sqft |
08/17/2026 Source: | Listed for Sale | $1,250,000 -16.67% $645/sqft |
06/04/2026 Source: | Off Market | $1,499,999 $774/sqft |
06/04/2026 Source: | Listed for Sale | $1,499,999 +93649.94% $774/sqft |
12/09/2022 Source: #A11309050 | Off Market | $1,600 $1/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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