Home›5731 SW 62nd Terrace, Miami, FL 33143

Residential in Miami

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 Highlights

Roof

  • Flat
  • Tile

View

  • Other

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Central Air
  • WallWindow Unit(s)
  • Wall/Window Unit(s)

Heating

  • Central

Flooring

  • Tile

Amenities

  • Other

Appliances

  • Dryer
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Negotiable

Room Types

  • MaidIn-Law Quarters

Dining Area

  • FamilyDining Combination

WaterSource

  • Public

Restrictions

  • See Remarks

Water Source

  • Public

Listing Terms

  • Cash
  • Conventional

ParkingFeatures

  • Carport
  • Detached Carport
  • Driveway

ExteriorFeatures

  • Other

Parking Features

  • Driveway
  • Carport
  • Detached Carport

Exterior Features

  • Other

Master BedroomBath

  • Bedroom On Entry Level
  • Master Bdrm - Ground
  • Separate Shower

Property Condition

  • Resale

Special Information

  • Sold As-Is

AssociationAmenities

  • Other

Showing Requirements

  • 24 Hour Notice
  • Appointment Only
  • Showing Service

Construction Materials

  • CBS

Leasing Permitted Details

  • Okay To Lease

Property Details

Property TypeResidential
StyleSingle Family Residence
Year Built1949
CountyMiami-Dade
SubdivisionDE CARLO MANOR
Living Area1,938 sq ft
Bedrooms6
Baths6
Half Baths0
Annual Tax$10,744 (2025)
Listing OfficeCompass Florida, LLC
Listing AgentMichelle Andrea Suegart
Office Phone305-315-2396

5731 SW 62nd Terrace, Miami, FL 33143, Miami, FL 33143