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5731 Southwest 62nd Terrace

Miami FL 33143

6
6
1
2282 sq. ft.
0.19 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
6 bathrooms
1 carspace
1 carport space
2282 sq. ft. floor area
0.19 ac. lot size
Single-Family

Happy sellers in Miami

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Local market activity for 6 bedroom single-family properties in Miami

In the last 12 months, 31 six-bedroom single-family properties similar to 5731 Southwest 62nd Terrace, have been sold.

This represents a 3% decrease in six-bedroom single-family properties sales when compared to the previous 12 months.

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