Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

5731 SW 62nd Ter
Miami, FL, 33143
$1,499,999
6 Beds
6 Baths
1,938 SqFt
0 Acres
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MLS #A11987463 image #0
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 $10,000 monthly. Come enjoy the best this high demand area has to offer. (nestled in-between the Gables and South Miami)

Property Details

Price:
$1,499,999
MLS #:
A11987463
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
DE CARLO MANOR
Neighborhood:
decarlomanor
Listed Date:
Mar 26, 2026
Finished Sq Ft:
1,938
Total Sq Ft:
2,282
Year Built:
1949
De Carlo ManorDecarlomanorDe Carlo ManorFairchild; DavidSouth MiamiSouth MiamiOtherNo Restrictions,ok To Lease

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Schools

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

Interior

Appliances
Dishwasher, Dryer, Refrigerator, Washer
Bathrooms
6 Full Bathrooms
Cooling
Central Air, Wall/Window Unit(s), Zoned
Flooring
Tile
Heating
Central
Interior Features
First Floor Entry, Separate Guest/In-Law Quarters

Exterior

Architectural Style
Attached, One Story
Community Features
None
Construction Materials
CBS Construction
Covered Spaces
4
Direction Faces
South
Lot Features
Less Than 1/4 Acre Lot
Open Parking YN
1
Other Structures
Guest House
Parking Features
Detached Carport, Additional Spaces Available, Driveway, Guest
Roof
Flat Roof With Facade Front
View
Other
Window Features
Complete Impact Glass, High Impact Windows, Impact Glass

Financial

Tax Year
2025
Taxes
$10,744

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Apr 25, 2026
3,635
Single Family Listed
129
Avg DOM
587
Avg $ / SqFt
$1,679,494
Avg List Price

Property Summary

    Located in the DE CARLO MANOR subdivision, 5731 SW 62nd Ter Miami FL is a Single Family for sale in Miami, FL, 33143. It is listed for $1,499,999 and features 6 beds, 6 baths, and has approximately 1,938 square feet of living space, and was originally constructed in 1949. The current price per square foot is $774. The average price per square foot for Single Family listings in Miami is $587. The average listing price for Single Family in Miami is $1,679,494. To schedule a showing of MLS#a11987463 at 5731 SW 62nd Ter in Miami, FL, contact your Julien Drieu agent at 7862380927.

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