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Single Family Residence at 5901 SW 62nd St, Miami FL 33143Active
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Single Family Residence
$1,000,000$592 / sqft

5901 SW 62nd St, Miami FL 33143

4
Bedrooms
1
Bathrooms
1,688 sqft
Interior
1948
Year built
None
HOA
Single Family Residence
Type

About this home

UNMATCHED OPPORTUNITY IN A PRIME LOCATION. Location, location, location!!! Situated on a magnificent, oversized 9,035 sq. ft corner lot within a pristine, tree-lined neighborhood of stunning Million dollar estates, this property presents the ultimate canvas for your dream home vision. The structure currently features 4 bedrooms, 1 bath, and a separate, incomplete efficiency apartment in the backyard. The interior is ready to be completely re-done and awaits a full, top to bottom renovation. Whether you choose a custom redevelopment project from the ground up or a complete reimagining of the existing structure, this property is perfectly suited for your luxurious custom dream home. The greatest amenity here is the world class lifestyle. You are minutes away from everything needed socially and professionally. Enjoy rapid access to the University of Miami, Coral Gables, Coconut Grove, top-tier dining, elite shopping, and Major corporate hubs. Properties on corner lots of this size in such a highly coveted neighborhood rarely hit the market. Bring your architect, your designer, and your imagination-this property is ready for your vision to come to life!

Features

  • First Floor Entry
  • Family Room
  • Garage Converted
  • Separate Guest/In-Law Quarters
  • Utility Room/Laundry
  • Room For Pool
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$5,057

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,057
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Beachfront Realty Inc

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.