$1,250,000
5731 SW 62nd Ter, Miami FL 33143
75 days on market
- Bedrooms
- 6
- Bathrooms
- 6
- Living area
- 1,938 sqft
- Price per sqft
- $645
- Type
- Single Family Residence
- Year built
- 1949
- Taxes
- $10,744/yr
- MLS #
- A12072330
About this home
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.
Estimated subtotal
$895/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $895
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33143
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Compass Florida, LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.