Premier Brokers International
5731 SW 62nd Terrace, Miami, FL 33143
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12072330
$1,250,000

5731 SW 62nd Terrace, Miami, FL 33143

Beds
6
Baths
6
Sqft
1,938
Est. payment$8,006/mo
Home type
Single Family Residence
Year built
1949
Lot size
8,276 sqft
Price / sqft
$645
HOA
$0/mo
Community
DE CARLO MANOR

Property description

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.

Listing activity

Days on market
68
Listed
Aug 17, 2026
MLS listing updated
Aug 29, 2026
Feed last checked
14 minutes ago

Listed by Michelle Andrea Suegart · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
6
Bathrooms
6
Bathrooms (decimal)
6
Full bathrooms
6
Half bathrooms
0

Rooms & features

Rooms
1
Flooring
Tile
Appliances
Dryer, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air, Wall/Window Unit(s)
Property

Parking

Garage spaces
0
Carport spaces
1
Carport
Yes
Covered spaces
1
Parking features
Carport, Detached Carport, Driveway
Attached garage
No

Exterior

Stories
1
Building area
2,282 sqft
Entry level
1
Exterior features
Other
Pool
No
View
Other
Waterfront property
No

Lot

Lot size
8,276 sqft
Lot size (acres)
0.19 acres
Zoning
0100
Construction

Type & style

Home type
Single Family Residence
Year built
1949
New construction
No

Materials

Construction
CBS
Roof
Flat, Tile
Property condition
Resale
Levels
One
Faces
South
Utilities & green energy

Utilities

Sewer
Septic Tank
Water
Public
Community & HOA

Community

Subdivision
DE CARLO MANOR
MLS area
2400
55+ community
Yes

Association

Has association
No
Estimated monthly dues
$0
Amenities
Other
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33143
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12072330
Possession
Negotiable
Original list price
$1,250,000
Parcel number
3040250320030
Annual property tax
$10,744
Tax year
2025
Tax legal description
DE CARLO MANOR PB 49-46 LOT 3 BLK 1 LOT SIZE 80.000 X 105 OR 21034-4945 10/2002 4 COC 23177-0891 03 2005 1
Additional MLS details

Reported by the listing source

Association Amenities
Other
Association
No
Bathrooms Total Decimal
6
Bathrooms Total Integer
6
Building Area Total
2282
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
68
Direction Faces
South
Elementary School
David Fairchild
High School
South Miami
List Price
1250000
Listing Contract Date
2026-08-17
Living Area
1938
Lot Size Acres
0.19
Lot Size Area
8400
MLSArea Major
2400
Middle Or Junior School
South Miami
Mls Status
Active
On Market Date
2026-08-17
Photos Count
21
Postal Code
33143
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
1
Senior Community
Yes
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-17T04:00:00Z
Stories Total
1
Subdivision Name
DE CARLO MANOR
Water Source
Public
Tax Annual Amount
10744
Bathrooms Full
6
Pool Private
No
Bedrooms Total
6
Waterfront
No
Bathrooms Half
0
General Property Information: Senior Community
Yes

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 17, 2026ListedMIAMI REALTORS® MLS$1,250,000$645/sqft

Public tax history

YearProperty taxesAssessment
2025$10,744—

Payment calculator

Estimated monthly payment$8,006/moIllustrative estimate, not a loan offer.
Principal & interest
$6,486
Property taxes
$895
Insurance
$625
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

DE CARLO MANOR

Miami · Miami-Dade County · 33143

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

David FairchildElementary
—
South MiamiMiddle
—
South MiamiHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.