$1,250,000

For sale

5731 SW 62nd Ter, Miami FL 33143

6 beds6 baths1,938 sq ftBuilt 1949MLS# A12072330

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About this property

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 details

Property type
Single family
Year built
1949
Living area
1,938 sq ft
Price per sq ft
$645
Property taxes
$10,744/yr
Building / community
De Carlo Manor
Status
For sale
MLS #
A12072330

Listing courtesy of Compass Florida, LLC.

Location

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