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5731 SW 62nd Ter, Miami FL 33143

House For Sale
$1,250,000

BTC: 19.31396786

ETH: 656.98187781

New
6 bds
6 ba
1,938 sqft

Overview

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.

Location

Florida Miami 33143 House For Sale

Details

Type:
Residential
Parking:
Detached Carport / Additional Spaces Available / Driveway
Year Built:
1949
Lot:
8400 Square Feet
Heating:
Central
Price/sqft:
$645
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$739,900
$505K – $1.2M
Confidence Low
List vs. estimate
$510K above estimate
List $1,250,000 · +68.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$644
+36.1% vs. city median $473
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $935K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,744
2025
View
Other
Furnished
Turn Key Furnished
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Separate Guest/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 6

  • Parking

    • Detached Carport

    • Additional Spaces Available

    • Driveway

    Property

    • Exterior Features: Other

    Lot

    • Lot: 8400 Square Feet

    Other Property Information

    • Parcel Number: 30-40-25-032-0030

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $10,744

  • Source details

    • MLS ID: A12072330

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Guest House

    • Architectural Style: Detached / One Story

    • Living Area: 1938

    • Water Source: Municipal Water

    • Subdivision Name: DE CARLO MANOR

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC