LejoPanicker
BEDS6
BATHS6 full
SQUARE FEET1,938
MLS#A12072330
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONDE 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 Miamis 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 youre 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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central
Home Style: Detached, One Story
Lot Size: 0.19 Acres
Roof Type: Flat Tile
Taxes: $10,744
Year Built: 1949
Amenities
First Floor Entry
Separate Guest/In-Law Quarters
Other
Feature Descriptions
Appliances: Dryer, Microwave, Refrigerator, Washer
Community Features: Other
Crops Included Y/N: No
Days on Site: 3
Exterior: CBS Construction
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Less Than 1/4 Acre Lot
Parcel#: 30-40-25-032-0030
Parking: Detached Carport, Additional Spaces Available, Driveway
Parking Notes: Detached Carport, Additional Spaces Available, Drive
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Special View Info: Other
Water: Municipal Water
Window: Complete Impact Glass
Local Schools
High School: South Miami
Middle School: South Miami
Elementary School: Fairchild; David
Listed By / Shown By
Listed By
Agency Name: Compass Florida, LLC
Agency Phone: 305-315-2396
Shown By
Agent Name: Lejo Panicker
Agent Phone: Cell: (516) 603-5150
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 4,041.87 per month $2,781.96 Principal & Interest $895.33 Property Tax $364.58 Homeowner's InsuranceChange Payment Information
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5731 SW 62nd Ter | MLS# A12072330
This single family home located at 5731 SW 62nd Ter, Miami, FL 33143 is currently listed for sale with an asking price of $1,250,000. This property was built in 1949 and has 6 bedrooms and 6 full baths with 1938 sq. ft. SW 62nd Ter is located in the DE CARLO MANOR subdivision. Search DE CARLO MANOR real estate on lpanicker.realty100.com today.