Homes for sale in Miami
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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.