5731 SW 62nd Ter, Miami FL 33143

Welcome to DE CARLO MANOR, a versatile residential single-family residence in the DE CARLO MANOR subdivision of unincorporated Miami-Dade County. Located just a stone’s throw from the University of Miami and nestled between the Gables and South Miami, 5731 SW 62nd Ter, Miami FL 33143 offers a smart income-producing layout with a total living area of 1,938 sq ft on an 8,400 sq ft lot. Built in 1949 and remodeled thoroughly in 2022, this attached one-story home blends classic charm with modern systems and finishes.

This property totals 6 bedrooms and 6 full bathrooms and is configured as four separate units— a main 3/3, two 1/1 efficiencies, and a private cottage—making it ideal for student rentals or multi-family use. Recent updates include a new roof, floors, AC, plumbing, electrical, impact windows, new crawl space, new kitchen appliances, and a new foundation; the septic tank was replaced in 2019. The home currently cash-flows approximately $10,000 monthly.

Interior features include first-floor entry and separate guest/in-law quarters (the living areas are arranged to accommodate a guest house), and the residence is served by central heating with a mix of central air, wall/window units, and zoned cooling. Appliances provided are dishwasher, dryer, refrigerator, and washer. Parking is abundant with a detached carport (4 carport spaces), additional spaces available, driveway parking, and guest parking. The property offers an “Other” view and sits without community amenities listed.

Local schools: Elementary — Fairchild; David, Middle — South Miami, High — South Miami. If you’re looking for a turnkey, income-producing opportunity near the University of Miami, consider 5731 SW 62nd Ter, Miami FL 33143.