5731 SW 62nd Terrace, Miami, FL 33143

$1,499,999

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11915618

Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 2,282 Status: Active

Current Price: $1,499,999 List Date: 3/26/2026 Last Modified: 6/19/2026

Overview

Description

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)

Listing Details MLS# A11987463

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 6
Bathrooms Total: 6
Bathrooms Full: 6
Building Area Main: 2282
Living Area Main: 1938
Adjusted Area Main: 1718
Year Built: 1949
Carport YN: Yes
Attached Carport YN: No
Carport Spaces: 4
Covered Spaces: 4
Lot Size Area: 8400
Lot Size Acres: 0.19
Senior Community YN: No
Guest House YN: Yes
Stories Total: Yes
Direction Faces: South
Pool Private YN: No

Property Features

Dining Area: Family/Dining Combination Flooring: Tile Guest House Features: 1 Bath; 1 Bedrooms Leasing Permitted Details: Okay To Lease Parking Features: Driveway; Guest; Carport; Detached Carport Property Condition: Updated/Remodeled Appliances: Dishwasher; Dryer; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Wall/Window Unit(s); Zoned Heating: Central Levels: One Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Flat Sewer: Septic Tank Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions View: Other Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service Room Types: Maid/In-Law Quarters

Contract Information

Comp Sale YN: No
Original List Price: 1600000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 5731
Street Direction Prefix: SW
Street Name: 62nd
Street Suffix: Terrace
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33143
Postal Code +4: 2339
Postal Zip: 33143
Subdivision Name: DE CARLO MANOR
Area: 2400
Elementary School: David Fairchild
Middle Or Junior School: South Miami
High School: South Miami
Parcel Number: 3040250320030
Subdivision Number: 32
Zoning: 0100
Flood Zone: X

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 10744
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

Status Change Information

Major Change Timestamp: 2026-06-04T13:44:14Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-04-16T16:08:37Z
Status Change Date: 2026-06-04

More Information

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Storm Protection

Impact Glass: Complete

Price Calculations

Current Price To SqFt: 773.99

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 444910946
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Amenities

None: Yes

Dining Area

Family/Dining Combination: Yes

Flooring

Tile: Yes

Guest House Features

1 Bath: Yes
1 Bedrooms: Yes

Parking Features

Driveway: Yes
Guest: Yes
Carport: Yes
Detached Carport: Yes

Property Condition

Updated/Remodeled: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

Central: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes
Zoned: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Showing Service: Yes

Master Bedroom/Bath

2 Master Baths: Yes
Bedroom On Entry Level: Yes

Restrictions

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Room Types

Maid/In-Law Quarters: Yes

Room Information

Room Name
Maid/In-Law Quarters

Documents

Seller's Disclosure ›

Riders ›

Full inspection Report ›

Listing Office: EXP Realty LLC

Last Updated: June - 19 - 2026

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5731 SW 62nd Terrace, Miami, FL 33143 (MLS# A11987463)