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For sale
    • $1,250,000

    5731 SW 62nd Ter, Miami, FL 33143

    6beds
    1,938sqft
    : 
    $8,707/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    8,400 Square Feet Lot
    $1,186,000 Zestimate®
    $645/sqft
    $-- HOA

    What's special

    Beautifully renovated kitchenUpdated plumbingNew roofModernized bathroomsLuxury finishes throughoutImpact windows
    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.
    46 days
    565
    46

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Suegart PA 786-863-6330,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A12072330MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Central
      Cooling
      • Central Air, Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Microwave, Refrigerator, Washer
      Features
      • Separate Guest/In-Law Quarters
      • Flooring: Tile
      • Windows: Complete Impact Glass
      Interior area
      • Total structure area: 2,282
      • Total interior livable area: 1,938 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Carport, Additional Spaces Available, Driveway
      • Carport spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Exterior features: Other
      • Pool features: R30-No Pool/No Water
      • Has view: Yes
      • View description: Other
      Lot
      • Size: 8,400 Square Feet
      • Features: Less Than 1/4 Acre Lot
      Details
      • Additional structures: Guest House
      • Parcel number: 3040250320030
      • Zoning: 0100

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction
      • Roof: Flat Tile
      Condition
      • Year built: 1949

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Other, Other Subdiv/Park Info
      • Subdivision: De Carlo Manor
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $645/sqft
      • Tax assessed value: $697,215
      • Annual tax amount: $10,744
      • Date on market: 8/17/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $1,186,000

        $1.13M - $1.25M

        $6,418/mo

        Price history

        DateEventPrice
        8/17/2026Listed for sale$1,250,000-16.7%$645/sqft
        Source: MIAMI #A12072330 Report a problem
        8/11/2026Listing removed$1,499,999$774/sqft
        Source: eXp Realty #A11987463 Report a problem
        6/4/2026Listed for sale$1,499,999$774/sqft
        Source: eXp Realty #A11987463 Report a problem
        5/30/2026Contingent$1,499,999$774/sqft
        Source: eXp Realty #A11987463 Report a problem
        4/16/2026Price change$1,499,999-6.3%$774/sqft
        Source: MIAMI #A11987463 Report a problem
        3/26/2026Listed for sale$1,600,000$826/sqft
        Source: MIAMI #A11987463 Report a problem
        2/23/2026Listing removed$1,600,000$826/sqft
        Source: MIAMI #A11915618 Report a problem
        11/25/2025Listed for sale$1,600,000+347.6%$826/sqft
        Source: MIAMI #A11915618 Report a problem
        12/1/2022Listed for rent$1,600$1/sqft
        Source: Zillow Rental Network_1 #A11309050 Report a problem
        3/17/2005Sold$357,500+370.4%$184/sqft
        Source: Public Record Report a problem
        5/2/1996Sold$76,000+63.8%$39/sqft
        Source: Public Record Report a problem
        8/23/1994Sold$46,400$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,192 +12.4%$565,076 +10%
        2024$9,959 +11.8%$513,706 +10%
        2023$8,910 +11.7%$467,006 +10%
        2022$7,973 +8.9%$424,551 +10%
        2021$7,325 +13.7%$385,956 +15.2%
        2020$6,444 +1.2%$334,935 +2.4%
        2019$6,368 +10.2%$327,042 +10%
        2018$5,781 $297,311 +10%
        2017$5,781 +1.6%$270,283 +10%
        2016$5,690 +20.3%$245,712 +10%
        2015$4,728 +4.5%$223,375 +10%
        2014$4,524 +8.3%$203,069 +10%
        2013$4,179 $184,609 -7.8%
        2012$4,179 -1.2%$200,210 -0.1%
        2011$4,230 -2.2%$200,332 +6.3%
        2010$4,327 -13.9%$188,446 -21.8%
        2009$5,023 -16.8%$240,882 -19.6%
        2007$6,037 +290.5%$299,644
        2006$1,546 --
        2005$1,546 +2.1%--
        2004$1,514 +7.9%--
        2003$1,403 +3.8%--
        2002$1,352 --
        2001$1,352 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33143

        Getting around

        89 / 100
        Very Walkable
        51 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fairchild; David
        • Middle: South Miami
        • High: South Miami

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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