5731 Sw 62nd Ter, Miami, FL 33143

$1,250,000
: 6
BD
: 6
BA
: 1,938
SqFt

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List Price: $1,250,000
MLS#: A12072330
Bedrooms: 6
Bathrooms: 6
Sq. Ft: 1,938
Lot Size: 8,400
Subtype: Single Family Residence
County: Miami-Dade
Community: De Carlo Manor
Subdivision: De Carlo Manor
Year Built: 1949

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Property 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.

305-224-8085

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Additional Information

Carport: 1
Front Exposure: South
Status Label: ACTIVE
Construction: CBS Construction
Cooling: Central Air, Wall/Window Unit(s)
Equipment: Dryer, Microwave, Refrigerator, Washer
Flooring: Tile
Furnished: Turn Key Furnished
Heating: Central
Lot Description: Less Than 1/4 Acre Lot
Parking: Detached Carport, Additional Spaces Available, Driveway
Roof: Flat Tile
Bedroom Description: At Least 1 Bedroom Ground Level, Entry Level
Taxes: $10,744
View: Other
Roofing: Flat Tile
Price Per Sqft: $644