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5731 SW 62nd Ter

Miami, FL

Listing Details

  • $1,250,000
  • MLS# A12072330
  • Type Residential - Single Family
  • Status Active
  • 6
    Bedrooms
  • 6 full
    Bathrooms
  • 1,938
    Square Feet
  • 0.193 acres
    Lot Size
  • 1949
    Year Built

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 Miamis most desirable rental markets, this property enjoys consistently high demand due to its close proximity to... Read more 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 youre 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.

Key Features

  • Other
  • First Floor Entry
  • Separate Guest/In-Law Quarters
  • Other
View All Features
5731 SW 62nd Ter
Miami, FL 33143
Subdivision
DE CARLO MANOR
County
Miami-Dade
Schools
South Miami
South Miami
Fairchild; David

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Residential - Single Family
  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Community Features: Other
  • Cooling: Central Air, Wall/Window Unit(s)
  • Crops Included Y/N: No
  • Days on Site: 3
  • Exterior: CBS Construction
  • Exterior Features: Other
  • Flooring: Tile
  • Heating: Central
  • Home Style: Detached, One Story
  • Home Warranty Y/N: No
  • Interior Features: First Floor Entry, Separate Guest/In-Law Quarters
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Less Than 1/4 Acre Lot
  • Lot Size: 0.19 Acres
  • Parcel#: 30-40-25-032-0030
  • Parking: Detached Carport, Additional Spaces Available, Driveway
  • Parking Notes: Detached Carport, Additional Spaces Available, Drive
  • Property Attached Y/N: No
  • Property Sub-Type: Single Family Residence
  • Roof Type: Flat Tile
  • Sewer: Septic Tank
  • Special View Info: Other
  • Taxes: $10,744
  • Water: Municipal Water
  • Window: Complete Impact Glass
  • Year Built: 1949