About This Home

This 6-bedroom, 6-bathroom single family at 5731 SW 62nd Ter in Miami, FL is listed for $1,250,000 ($645 per sqft). Built in 1949, the home offers 1,938 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1949
  • 0.19 acre lot

Property Details

1 story
6 full
1949

Amenities

A/C
Listing 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 ro

of, 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.

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

5731 SW 62nd Ter

Miami, FL 33143

DE CARLO MANOR

Features & Amenities

Interior Features

Bedroom on Main LevelFamily/Dining RoomFirst Floor EntryShower Only

Property Details

Flooring

Tile

Construction

Block

Parking

DrivewayCarport

Heating

Central

Cooling

Window Unit(s)Wall/Window Unit(s)Central Air

Appliances

DryerMicrowaveRefrigeratorWasher

Questions & Answers

This 6-bedroom, 6-bathroom single family at 5731 SW 62nd Ter is listed at $1,250,000 ($645/sqft). The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.19 acre lot. Interior Features: Bedroom on Main Level, Family/Dining Room, First Floor Entry.

This property is listed by Michelle Suegart PA.

MP

Michelle Suegart PA

License 3353956

Agent at Compass Florida LLC

Listed by Compass Florida LLC · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# A12072330· Source: Miami REALTORS®· 3 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5731 SW 62nd Ter, Miami, FL 33143

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