How do I schedule a tour of 5731 SW 62nd Terrace, Miami, FL 33143?

Use the Tour button on this listing to request a showing of 5731 SW 62nd Terrace, Miami, FL 33143. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 5731 SW 62nd Terrace, Miami, FL 33143 still available?

5731 SW 62nd Terrace, Miami, FL 33143 is currently listed as Active, and has been on the market 12 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 5731 SW 62nd Terrace, Miami, FL 33143?

With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5731 SW 62nd Terrace, Miami, FL 33143 is about $6,569/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 5731 SW 62nd Terrace, Miami, FL 33143?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5731 SW 62nd Terrace, Miami, FL 33143. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 5731 SW 62nd Terrace, Miami, FL 33143?

5731 SW 62nd Terrace, Miami, FL 33143 is zoned for David Fairchild (elementary), South Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 5731 SW 62nd Terrace, Miami, FL 33143?

Often, yes. The right offer on 5731 SW 62nd Terrace, Miami, FL 33143 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Active

12 Days on Market

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$1,250,000

5731 SW 62nd Terrace

Miami, FL 33143

DE CARLO MANOR

Explore the area: Miami homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

1,938

Living Sq Ft

1949

Year Built

Estimated monthly payment

$6,569 /mo

Principal and interest only, based on $250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $1,250,000
Days on Site: 12 Days
Bedrooms: 6
Total Baths: 6
Full Baths: 6
Partial Baths: 0
Living Area: 1,938 sqft
Total Sq Ft: 2,282 sqft
Lot Size: 0.19 Acres
Year Built: 1949
Property Type: Single Family
MLS #: A12072330
Property Tax: $10,744 (2025)
Subdivision: DE CARLO MANOR
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

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.

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General Features

Property Type: Single Family
Status: Active
Year Built: 1949
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 0
Parking: Carport / Detached Carport / Driveway
Direction Faces: South
Lot Size (Acres): 0.19
Living Sq Ft: 1,938
Total Sq Ft: 2,282
Sewer: Septic Tank
Water Source: Public
Zoning: 0100

Interior Features

Appliances: Dryer / Microwave / Refrigerator / Washer
Cooling: Central Air / Wall Window Units
Heating: Central
Flooring: Tile
Interior Features: Bedroom On Main Level / Family Dining Room / Main Level Primary / Separate Shower
Total Rooms: 1

Exterior Features

Construction: Block
Roof: Flat / Tile
Exterior Features: Other
View: Other

Community & HOA

Association Amenities: Other
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: See Remarks
MLS Area: 2400

Schools

Elementary School: David Fairchild
Middle School: South Miami
High School: South Miami

About the Community

De Carlo Manor

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $1,375,000
Median $/Sq Ft: $709
Avg Days on Market: 48

View all 2 homes for sale in De Carlo Manor →

Frequently Asked Questions

How do I schedule a tour of 5731 SW 62nd Terrace, Miami, FL 33143?: Use the Tour button on this listing to request a showing of 5731 SW 62nd Terrace, Miami, FL 33143. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 5731 SW 62nd Terrace, Miami, FL 33143 still available?: 5731 SW 62nd Terrace, Miami, FL 33143 is currently listed as Active, and has been on the market 12 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5731 SW 62nd Terrace, Miami, FL 33143?: With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5731 SW 62nd Terrace, Miami, FL 33143 is about $6,569/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5731 SW 62nd Terrace, Miami, FL 33143?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5731 SW 62nd Terrace, Miami, FL 33143. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5731 SW 62nd Terrace, Miami, FL 33143?: 5731 SW 62nd Terrace, Miami, FL 33143 is zoned for David Fairchild (elementary), South Miami (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5731 SW 62nd Terrace, Miami, FL 33143?: Often, yes. The right offer on 5731 SW 62nd Terrace, Miami, FL 33143 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida, LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$1,250,000