Single Family Residence

5731 SW 62nd Ter

5731 SW 62nd Ter, Miami FL 33143 Get directions

$1,250,000

For Sale New — 12 days on market

6 Beds · 6 Baths · 1,938 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida, LLC. Michelle Suegart

Overview

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.

Facts & features

Interior

Living area (sq ft): 1,938
Full bathrooms: 6
Furnished: Turn Key Furnished

First Floor Entry
Separate Guest/In-Law Quarters

Building & exterior

Year built: 1949
Lot size (sq ft): 8,400
Covered spaces: 1

Other
Detached Carport
Additional Spaces Available
Driveway

HOA (homeowners association)

Ok To Lease
See Broker Remarks

Taxes

Annual tax: $10,744
Tax year: 2025
Parcel number: 30-40-25-032-0030

Assigned schools

Elementary: Fairchild; David
Middle: South Miami
High: South Miami

Listing

MLS number: A12072330
Property type: Single Family Residence
Price per SqFt: $645
Subdivision: DE CARLO MANOR
On market since: Aug 17, 2026
Days on market: 12

Estimated monthly cost

$8,154 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $6,321
Property tax: $895
Insurance (estimated): $938

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Alexander Montessori School - Red Road Campus Private · PK-KG · 0.11 mi
Somerset AES Charter · K-5 · 0.41 mi
Somerset AMS South Miami Charter · 6-8 · 0.41 mi
International Studies Preparatory Academy Public · 9-12 · 0.45 mi
Princeton Preschool Private · PK-05 · 0.45 mi
Florida Diagnostic and Learning Resources System/South Public · 0 · 0.49 mi
Riviera Day School Private · PK-05 · 0.62 mi
L''atelier School Private · PK-KG · 0.63 mi
Pineview Preschools Sunset Private · 0.89 mi
Sunset Elementary Public · PK-5 · 0.92 mi
University of Miami Global Academy Private · 06-12 · 0.93 mi
Ponce de Leon Middle Public · 6-8 · 0.93 mi
Academica International Studies Private · KG-12 · 0.94 mi
Mater Virtual Academy Private · KG-12 · 0.94 mi
Henry S. West Laboratory School Public · K-8 · 0.96 mi

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EXP Realty LLC

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