For sale

Price cut: $100K (4/16)

$1,499,999

5731 SW 62nd Ter, Miami, FL 33143

6beds

1,938sqft

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Single Family Residence

Built in 1949

8,400 Square Feet Lot

$-- Zestimate^®

$774/sqft

$-- HOA

What's special

New roofNew appliances for kitchensImpact windows

Live in one, rent the Rest! Imagine Living in South Miami without the South Miami Taxes? This Home in Unincorporated Miami-Dade has 6 bedroom/ 6 Full Bathrooms and is just a stone's throw away from the University of Miami. Home is divided into a main 3/3 home, 2 efficiencies 1/1 and one cottage in the back. The whole property underwent a FULL Renovation in 2022. New Roof, Floors, AC, Plumbing, Electrical, Impact windows, new crawl space, new appliances for kitchens, and new foundation for the home. Septic tank was changed out in 2019. Home is divided into 4 units to accommodate rental from the University Students. This home Cash Flows about $11,000 monthly. Come enjoy the best this high demand area has to offer. (nestled in-between the Gables and South Miami)

99 days

721

25

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Central

Cooling

Central Air, Wall/Window Unit(s), Zoned

Appliances

Included: Dishwasher, Dryer, Refrigerator, Washer

Features

Separate Guest/In-Law Quarters
Flooring: Tile
Doors: High Impact Doors
Windows: Complete Impact Glass, High Impact Windows, Impact Glass

Interior area

Total structure area: 2,282
Total interior livable area: 1,938 sqft

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Property

Parking

Total spaces: 4
Parking features: Detached Carport, Additional Spaces Available, Driveway, Guest
Carport spaces: 4
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
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 Roof With Facade Front

Condition

Updated/Remodeled,Completely Renovated
Year built: 1949

Utilities & green energy

Sewer: Septic Tank
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: De Carlo Manor

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $774/sqft
Tax assessed value: $697,215
Annual tax amount: $10,744
Date on market: 3/26/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax 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

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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