Sold

6053 SW 63rd Ter

South Miami FL, 33143

$675,000


$511.36 per sqft

Sold

1,320 sqft

Multi-family

Built in 1964

Attention investors! Rare opportunity in South Miami! This completely renovated and separately metered duplex offers two 2/1 units that rent easily to UM students with a combined pro-forma rental income potential of $5,200/month! With a great return on investment, this duplex is a smart choice for anyone looking to add to their portfolio with potential to earn a pro-forma 7% CAP with a 3% Cash on Cash Return. Located in the desirable South Miami close to University of Miami, Sunset Place, Coral Gables, Dadeland, shopping, dining, entertainment and also in a good school district with easy access to major highways. Don't miss out on this amazing opportunity to own a rental property with tons of upside potential in one of the hottest markets in Miami. Schedule a showing today!

A11344977

MLS ID

February 18, 2023

Listed

February 15, 2024

Updated

Map

6053 SW 63rd Ter
South Miami FL, 33143

Interior Features

Total Stories

1


Floor Description

Ceramic Floor


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Features

Less Than 1/4 Acre Lot


Architectual Style

Detached


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Franklin Sub


Taxes

$5,139


Tax Frequency

Annually


Days on Market

11


Garage

No


Parking Total

5


View

No


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

0100


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/10/2023

Sold

$675,000

Listed by:  Real Estate Sales Force
Listing Contact: 305-498-4246 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 8:41 PM UTC, 2/15/2024.

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