5731 SW 62nd Ter
5731 SW 62nd Ter Miami 331436 bedrooms | 6 bathroom | 0 half bath | 1,938 sqft
$1,250,000
Property Details
- MLS #
- A12072330
- Unit #
- Address
- 5731 SW 62ND TER map
- Bedrooms
- 6
- Bathrooms
- 6
- Living Area (f2)
- 1,938
- Living Area (M2)
- 180
- Lot Size (f2)
- 8,400
- Year Built
- 1949
- Waterfront
- Status
- Active
- Listing Type
- Single Family
- Maintenance Fee
- $0
- Complex
- DE CARLO MANOR
- Days On Market
- 2
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 0
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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.
Property Amenities
Equipment
- Dryer
- Microwave
- Refrigerator
- Washer
Interior Features
- First Floor Entry
- Separate Guest/In-Law Quarters
Exterior Features
- Other
Similar Properties
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|---|---|---|---|---|---|---|---|
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| 5731 SW 62nd Ter | $1,250,000 | 6/6 | 1,938 | 180 | $0 | ||
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Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 05/29/2026 | $2,675,000 | $2,900,000 | 5 | 6 | 0 | 2 months | |
| 05/13/2026 | $1,040,000 | $1,095,000 | 3 | 2 | 0 | 3 months | |
| 03/09/2026 | $685,000 | $600,000 | 4 | 1 | 1,228 | 1 month | |
| 02/27/2026 | $1,325,000 | $1,349,000 | 3 | 2 | 1,366 | 3 months |
https://www.collegetownliving.com/ is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed. Listing provided by Compass Florida, LLC
Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
