About 5731 Sw 62nd Terrace
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.
Features of 5731 Sw 62nd Terrace
| MLS® # | A12072330 |
|---|---|
| USD | $1,250,000 |
| CAD | $1,728,738 |
| CNY | 元8,398,125 |
| EUR | €1,077,175 |
| GBP | £926,478 |
| RUB | ₽108,565,250 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 1,938 |
| Acres | 0.19 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Restrictions | See Remarks |
| Status | Active |
| HOPA | Yes |
Community Information
| Address | 5731 Sw 62nd Terrace |
|---|---|
| Area | 2400 |
| Subdivision | DE CARLO MANOR |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33143 |
Amenities
| Amenities | Other |
|---|---|
| Parking | Detached Carport, Driveway, Carport |
| View | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Microwave, Refrigerator, Washer |
|---|---|
| Heating | Central |
| Cooling | Central Air, Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Other |
|---|---|
| Roof | Flat, Tile |
| Construction | CBS |
School Information
| Elementary | David Fairchild |
|---|---|
| Middle | South Miami |
| High | South Miami |