Brett Colby, Realtor®, Owner
Miami-Dade > Miami > 33143 >

5731 SW 62nd Terrace Miami, FL 33143

6 Bedroom, 1,938 Sqft, Single Family Residence

AGENT'S REMARKS ABOUT 5731 SW 62ND TERRACE

Exceptional investment opportunity just 23 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.

PROPERTY DETAILS

  • Property Type: Single Family Residence
  • Approx Living Area: 1,938 SqFt
  • Total Bedrooms: 6
  • Bathrooms: 6 Full
  • Year Built: 1949
  • Lot Size: 8,400 SqFt
  • Stories: 1
  • Parking Type: Detached Carport, Driveway, Carport
  • Other Appliances: Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Roof: Flat, Tile
  • Total Floors in Building: 1
  • House Faces/Primary View: South
  • Construction: CBS
  • Exterior Description: Other
  • Cooling System: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • County: Miami-Dade
  • Area: 2400
  • Subdivision: DE CARLO MANOR
  • Community Features: Other
  • Age Restricted: Yes
  • Annual Property Taxes: $10,744
  • Elementary School: David Fairchild
  • Junior High School: South Miami
  • High School: South Miami

MAP LOCATION FOR 5731 SW 62ND TERRACE MIAMI, FL 33143

SIMILAR LISTINGS NEAR 5731 SW 62ND TERRACE

$1,380,000

3 bd • 2 ba • 1,564 Sq Ft

6390 SW 69th Street South Miami FL, 33143

$1,350,000

3 bd • 2 ba • 1,841 Sq Ft

5775 SW 57th Terrace Miami FL, 33143

$1,250,000

5 bd • 2 ba • 2,996 Sq Ft

8560 SW 85th Avenue Miami FL, 33143

$1,130,000

4 bd • 2 ba • 1,915 Sq Ft

8503 SW 83rd Street Miami FL, 33143

Do you have questions about 5731 SW 62nd Terrace Miami, FL 33143? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.

Brett Colby
5.0 Reviews
Text or call (561) 903-4200
Listing courtesy of Compass Florida, LLC 08.17.2026