5731 SW 62nd TER, Miami, FL 33143
5731 SW 62nd TER, Miami, FL 33143
5731 SW 62nd TER, Miami, FL 33143
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Relentless Real Estate

Relentless Real Estate

+1(321) 745-0535
$1,250,000
Est. payment /mo
6 Beds
6 Baths
1,938 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $644

Subdivision De Carlo Manor

MLS Listing ID A12072330

Bedrooms 6

Full Baths 6

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1938

Year Built 1949

Annual Tax Amount $10,744

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family Residence

Property Description

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

State FL

County Miami-dade

Area 2400

Zoning 0100

Direction South

Interior

Interior Features Bedroom on Main Level, Family/Dining Room, Main Level Primary, Separate Shower

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Fireplace No

Appliance Dryer, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Other

Parking Features Carport, Detached Carport, Driveway

Carport Spaces 1

Amenities Available Other

View Y/N Yes

Water Access Desc Public

View Other

Roof Type Flat,Tile

Garage No

Private Pool No

Building

Faces South

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Level or Stories One

Unit Floor 1

Structure Type Block

New Construction No

Construction Status Resale

Schools

Elementary Schools David Fairchild

Middle Schools South Miami

High Schools South Miami

Others

Senior Community Yes

Restrictions See Remarks

Tax ID 3040250320030

Acceptable Financing Cash, Conventional

Membership Fee Required false

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

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BeachesMLS, Inc. (FLR) IDX
Listed by Michelle Andrea Suegart Compass Florida, LLC

Nearby Locations

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Relentless Real Estate

Relentless Real Estate

+1(321) 745-0535

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5731 SW 62nd TER