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5731 SW 62nd Terrace

Miami, FL 33143
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Bed 6

Bed

Bath 6

Bath

SqFt1,938

Sqft

SqFt8,400

Sqft(Lot)

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 f low 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,250,000

AD Id : 89626894

MLS Id : A12072330

Beds : 6

Lot Size : 8,400 Sqft

Living Area Size : 1,938

Year Built : 1949

County : Miami-Dade

Subdivision: University Gardens

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Roofing Information

    Flat, Tile

    Flooring Information

    Tile
  • Interior Features

    BedroomOnMainLevel, FamilyDiningRoom, MainLevelPrimary, SeparateShower
    Roof: Flat, Tile
    Appliances: Dryer, Microwave, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, WallWindowUnits

  • Building Information

    Year Built: 1949
    Building Area Total: 2282
    Construction Materials: Block
    Stories: 1
    Private Pool: No
    View: Other
  • Exterior Features

    Exterior Features: Other

  • Lot Information

    Main Square Feet: 8400 Lot Size Acres: 0.19

    Property Information

    Subdivision: DE CARLO MANOR Source Property Type: Residential Postal Code Plus 4: 2339 Property SubType: Single Family Residence Direction Faces: South Levels: One Property Age: 77

  • Listing Price Information

    Listing Price: $1250000
    Cash, Conventional

  • Tax Information

    Parcel Number: 3040250320030 Tax Year: 2025 Annual Tax: $10744 Tax Legal Desc: DE CARLO MANOR PB 49-46 LOT 3 BLK 1 LOT SIZE 80.000 X 105 OR 21034-4945 10/2002 4 COC 23177-0891 03 2005 1

  • Parking Information

    Carport, DetachedCarport, Driveway

    Homeowners Association Information

    Association Amenities: Other

  • School Information

    Elementary School: David Fairchild Junior High School: South Miami Senior High School: South Miami
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7101 SW 60th St, Miami, FL, 33143 $4,000,000 5 5 3,673 3,673 SqFt
4640 Sunset Drive, Miami, FL, 33143 $11,200,000 7 9 7,339 7,339 SqFt
7830 SW 48th Court, Miami, FL, 33143 $4,850,000 4 4 3,986 3,986 SqFt
7851 SW 48th Place, Miami, FL, 33143 $5,500,000 5 6 3,461 3,461 SqFt
4867 SW 82nd Street, Miami, FL, 33143 $7,998,000 6 7 5,280 5,280 SqFt
8010 Ponce De Leon Road, Miami, FL, 33143 $9,795,000 7 8 6,962 6,962 SqFt
4955 SW 83rd Street, Miami, FL, 33143 $25,000,000 8 11 9,952 9,952 SqFt
5002 SW 86th Street, Miami, FL, 33143 $8,250,000 6 8 5,908 5,908 SqFt
5095 SW 82nd Street, Miami, FL, 33143 $24,500,000 7 10 10,693 10,693 SqFt
5100 SW 86th Street, Miami, FL, 33143 $6,999,000 6 5 6,580 6,580 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/19/2026 @ 07:51

MLS: A12072330 LISTED BY: Michelle Suegart, Compass Florida, LLC 305-315-2396 SOURCE: Beaches MLS

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