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Single Family Residence
$2,650,000$1,064 / sqft
8201 SW 62nd Ave, South Miami FL 33143
Listed
3
Bedrooms
3
Bathrooms
2,491 sqft
Interior
1973
Year built
None
HOA
Single Family Residence
Type
About this home
Enjoy indoor/outdoor living at its finest in this lovely, updated South Miami home that features a fabulous open-concept floorplan inside plus a spacious covered patio overlooking a stunning and tranquil koi pond! Spanning 2,872 square feet on a lush 16,100 square foot lot, the house has a renovated kitchen, large living spaces, 3 bedrooms, including a large primary suite with walk-in closet and beautiful views, 3.5 bathrooms, multiple outdoor living areas, laundry room, and a 2-car garage. There is impact glass throughout, including a bank of doors that open fully to the back patio. The serenity of the pond, paired with mature vegetation makes this South Miami stunner hard to beat!
Features
- First Floor Entry
- Closet Cabinetry
- Entrance Foyer
- French Doors
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- Lighting
- Garden
- Other
Location
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$6,450.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.