5731 SW 62nd Ter, Miami, FL 33143
5731 SW 62nd Ter, Miami, FL 33143
5731 SW 62nd Ter, Miami, FL 33143
5731 SW 62nd Ter, Miami, FL 33143
5731 SW 62nd Ter, Miami, FL 33143
5731 SW 62nd Ter, Miami, FL 33143
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$ 1,250,000
Est. payment | /mo

6 Beds

6 Baths

1,938 SqFt


$ 1,250,000
Est. payment | /mo

6 Beds

6 Baths

1,938 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $644

MLS Listing ID 11939793

Bedrooms 6

Full Baths 6

Year Built 1949

Annual Tax Amount $10,744

Tax Year 2025

Lot Size 8,400 Sqft

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.

Location

State FL

County 12086

Rooms

Dining Room 0

Kitchen 0

Building

Sewer Private Septic

Water Municipal

Structure Type Masonry - Concrete Block

Others

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12072330

Nearby Locations

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Wally Kerr
Wally Kerr

Broker | License ID: 83230

+1(405) 330-3000

2500 McGee Drive Ste 147, Norman, OK 73072

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5731 SW 62nd Ter