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Single Family Residence
$2,700,000$1,161 / sqft
9900 SW 62nd St, Miami FL 33173
Listed
4
Bedrooms
4
Bathrooms
2,326 sqft
Interior
1994
Year built
None
HOA
Single Family Residence
Type
About this home
Rare 1+ acre estate lot in coveted Miller Drive Estates, a quiet enclave in the heart of Miami. This 4BR/3.5BA - 4,071 total sq ft - home was built in 1994 by a quality-focused developer, offering a solid foundation for its next chapter — move in or transform it into a custom luxury estate. The nearly acre-and-a-quarter lot offers endless potential: expand the home, add a guest house, build a pickleball court, or create a resort-style outdoor oasis. Enjoy a sparkling pool, covered summer kitchen/cabana, and lush manicured grounds framed by mature palms. Inside features vaulted ceilings, an open kitchen with breakfast bar, spacious living areas, and a primary suite with corner soaking tub. Two car garage and long private driveway offer ample parking for cars, boats, or RVs. Zoned for A-rated schools and not located in a Flood Zone for added peace of mind. Just 10 minutes to South Miami and 15 minutes to Coral Gables, with easy access to top dining and all of Miami. This neighborhood is transforming with new construction and high-end remodels — a rare opportunity to secure a large estate lot in an appreciating pocket of Miami before they're gone. The perfect place to call home.
Features
- First Floor Entry
- Entrance Foyer
- French Doors
- Roman Tub
- Skylight
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Family Room
- Utility/Laundry In Garage
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.