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Single Family Residence at 6760 SW 62nd Ter, South Miami FL 33143Pending
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Single Family Residence
$1,399,000$506 / sqft

6760 SW 62nd Ter, South Miami FL 33143

5
Bedrooms
3
Bathrooms
2,764 sqft
Interior
1966
Year built
None
HOA
Single Family Residence
Type

About this home

Bring your architect, designer, and vision to this South Miami renovation canvas. Commanding a prime, oversized corner lot, this solid 1966 concrete block home is offered for the first time in its history. Custom-built by the seller and exclusively lived in by a single family, its rare, single-owner pedigree guarantees an uncompromised structural baseline. The property is a true mid-century time capsule preserved in its original condition. Vintage design purists will appreciate the untouched character pieces, including the retro kitchen and classic pink & blue bathrooms with double sinks. The floor plan features a 2-car garage and is flooded with natural light, offering an ideal footprint to configure a modern open-concept flow. To understand the immense potential here, one must look at the surrounding neighborhood dynamics, where luxury homes in SoMi have recently sold for >$6.5M. Even though those properties represent brand-new construction and this is a classic 1966 footprint, there is undeniable value built into this estate. Purchasing a home with this level of structural integrity allows a buyer to bypass the heavy lifting of starting from scratch while capturing the same prestigious neighborhood prestige. Perfectly situated, you are minutes away from top schools, parks & major corridors. Whether your goal is a custom remodel or a high-yield design flip, a corner lot of this magnitude with single-owner frame presents a great foundation. Strictly sold AS-IS, PRICE FIRM.

Features

  • First Floor Entry
  • Closet Cabinetry
  • Pantry
  • Family Room
  • Utility/Laundry In Garage
  • Outdoor Shower
  • Garden

Location

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

Estimated loan & HOA

$7,074

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

Principal & interest
$7,074
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
Compass Florida, LLC

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.