5731 SW 62nd Ter

Single Family Home

5731 SW 62nd Ter

$1,250,000

5731 SW 62nd Ter, Miami, FL, 33143

5731 SW 62nd Ter photo 1
1 / 21
1 / 21
LIST PRICE$1,250,000
BEDROOMS6
BATHROOMS6
HOUSE sq ft1,938
LOT sq ft8,400

Take a closer look

HOA: request current costs · Last reported tax: $10,744/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$8,167/mo

Principal & interest$6,646
Property taxfrom listing$895
Homeowners insuranceestimate$625

$250,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

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.

Property Details

$1,250,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1949
Status
Active
MLS #
A12072330
Living Area
1,938 sq ft
$/Sq Ft (Living)
$645
Lot Size
8,400 sq ft
$/Sq Ft (Lot)
$149
Annual Taxes
$10,744
Days on Market
12

Notable Features

Scenic Views

Location Scores

Location

5731 SW 62nd Ter, Miami, FL, 33143