Real Estate by Fania — Stefania Riverin
(786) 828-0091

$1,250,000

5731 SW 62nd Ter

6 bd · 6 ba · 1,938 sq ft

12 days on marketSingle Family Residence
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Listing courtesy of Compass Florida, LLC. 305-315-2396

From the MLS

Bedrooms
6
Bathrooms
6
Living area
1,938 sq ft
Asking per square foot
$645
Year built
1949
ZIP code
33143
MLS number
A12072330

What the listing says

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.

Description supplied by Compass Florida, LLC.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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