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Homes for sale in Miami
Single Family Residence

5731 SW 62nd Ter

Miami, FL 33143
$1,250,000
Beds
6
Baths
6
Sq ft
1,938
Year built
1949
Price per sq ft
$645

Listing courtesy of Michelle Suegart, Compass Florida, LLC

About this home

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

Property

Type
Single Family Residence
Style
Detached, One Story
Building
R30-No Pool/No Water
Year built
1949
Lot size
8,400 sq ft
Building name
DE CARLO MANOR
Subdivision
DE CARLO MANOR
County
Miami-Dade County
Faces
South
Flood zone
X

Interior

Appliances
Dryer, Microwave, Refrigerator, Washer
Flooring
Tile
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central
Features
First Floor Entry, Separate Guest/In-Law Quarters
Furnished
Turn Key Furnished

Exterior and parking

Parking
Detached Carport, Additional Spaces Available, Driveway
Construction
CBS Construction
Roof
Flat Tile

Community and fees

Annual taxes
$10,744
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 29, 2026.