5731 SW 62nd Terrace, Miami, FL 33143
- $1,250,000
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.
Address
Open on Google Maps- Address: 5731 SW 62nd Terrace
- City: Miami
- State/County: FL
- Zip/Postal Code: 33143
Details
Updated on September 23, 2026 at 12:21 pm- MLS # A12072330
- Price $1,250,000
- Property Size 2282 sqft
- Land Area 0.19 sqft
- Bedrooms 6
- Bathrooms 6
- Garage Size x x
- Year Built 1949
- Property Status Active
- Office Name Compass Florida, LLC
- Agent Name Michelle Andrea Suegart
Additional Details
- Listing Terms Cash, Conventional
- Roof Flat, Tile
- Sewer Septic Tank
- Cooling Central Air, Wall/Window Unit(s)
- Heating Central
- Flooring Tile
- County Miami-Dade
- Property Type Residential
- Parking Carport, Detached Carport, Driveway
- Elementary School David Fairchild
- Middle School South Miami
- High School South Miami
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