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6 Beds
6 Baths
1,938 sqft

$1,250,000

5731 SW 62nd Ter, Miami FL, 33143

Price per sqft$644.99
Built in1949
Property size1,938 sqft
Property typeResidential

Overview

Active

Updated 12 days ago

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.

$8,316/mo

Est. mortgage payment based on a $1,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11939793

Interior Features

Bedrooms
6
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$10,744
Tax Frequency
Annually

Courtesy of Compass Florida, LLC with ,
Listing Contact:  

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