Property Details
| Asking Price | $1,250,000 |
|---|---|
| Price per SqFt | $645 |
| Maintenance fee | Inquire |
| Property Taxes | $10,744 2025 |
| Interior Space | 1,938 SqFt |
| Beds/Baths | 6/6 |
| Furnished | Yes |
| Year Built | 1949 |
| Garage | 0 spaces |
| Lot Size | 8,400 SqFt |
| MLS # | A12072330 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Compass Florida, LLC
Sales History for This Home · 5731 SW 62nd Ter
Sales history is unavailable for this property
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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