Home in 5731 SW 62nd Terrace, Miami, FL 33143 for sale with MLS# A12072330
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.
5731 SW 62nd Terrace, Miami, FL 33143
- Price:
- $1,250,000.00
- Original List Price:
- $1,250,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $644.99
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 17, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 6
- Bathrooms Total:
- 6
- Full Bath:
- 6
- Room Type:
- Maid/in-law Quarters
- Master Bedroom Bath:
- Separate Shower, Master Bdrm - Ground, Bedroom On Entry Level
- Dining Area:
- Family/Dining Combination
- Living Area:
- 1,938 Sqft
- Built-Up Area:
- 2,282 Sqft
- Lot Size Acres:
- 0.19
- View from the Property:
- Other
- Waterfront:
- No
- Appliances:
- Dryer, Microwave, Refrigerator, Washer
- Exterior:
- Other
- Air Conditioning
- Air Conditioning System:
- Central Air, Wall/window Unit(s)
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- South
- Storm Protection Impact Glass:
- Complete
- Year Built:
- 1949
- Roof:
- Flat, Tile
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile
- Number of stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $10,744.00
- Tax Year:
- 2025
- Garage Spaces:
- 0
- Carport Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Driveway, Detached Carport, Carport
- Carport
- Sewer:
- Septic Tank
- Water Source:
- Public
- Amenities Provided by the Homeowner's Association (HOA):
- Other
- Subdivision Name:
- DE CARLO MANOR
- Senior Community:
- Yes
- Restrictions:
- See Remarks
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- DE CARLO MANOR PB 49-46 LOT 3 BLK 1 LOT SIZE 80.000 X 105 OR 21034-4945 10/2002 4 COC 23177-0891 03 2005 1
- Real Estate Folio Number (Parcel Number):
- 3040250320030
- Zoning:
- 0100
- Elementary School:
- Greenglade
- High School:
- South Miami
- Middle Or Junior School:
- South Miami
- Active on the market since:
- August 17, 2026
- Listing Agreement executed on:
- August 17, 2026
- Listing Status Last Changed On:
- August 17, 2026 4:00 am
- Photos updated on:
- August 29, 2026 4:22 pm
- Last Modified:
- August 29, 2026 4:28 pm
- Courtesy of:
- Compass Florida, LLC
- Attribution:
- Not provided
- Street Name:
- 62nd
- Street Number:
- 5731
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33143
- County:
- Miami-Dade
- Latitude:
- N25° 42' 48''
- Longitude:
- W81° 42' 48.4''
- Street Suffix:
- Terrace
- Street Direction Prefix:
- SW

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami