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6899 SW 62nd Ter, South Miami, FL, 33143

$2,600,000

5 Bedrooms
5 Full Baths, 1 Partial
3,804 SqFt
$683/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, On Street
Garage2 spaces
Year Built1940
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11514134
StatusAccepting Backup Offers
(Active Under Contract)

About 6899 SW 62nd Ter

"Welcome to this historic jewel in South Miami, sitting on a 30,056 sq ft lot located in Tranquility Estates (which owes its name to the Tranquility Farm, and this was the main house). The current owners have meticulously maintained and improved their home over the 26 years. It includes 5 bedrooms, 5 baths, 1 half bath, 1 den, a 4-car garage, many patios, and a pool. The adjusted area is slightly over 5000 sq ft. The iron gates, wrought iron door, floors, and patio fountain were crafted and imported from Mexico, and along with other elements, give this home a ranch feel or 'Hacienda,' making it a unique home to own in South Miami."

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1940
  • Stories: 1
  • Living Area: 3,804 SqFt

Listing Office:

  • Office Name: RE/MAX Advance Realty
  • Office Phone: (305) 444-7111
  • Listing Agent: Faycal Bennouna Zhar

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Fireplace, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Driveway, On Street

Virtual/3D Tour

  • Virtual Tour: 6899 SW 62nd Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Miami Senior High School, Public Magnet Grades 9-12
  • South Miami Middle School, Public Magnet Grades 6-8
  • South Miami K-8 Center, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,600,000
  • Price Per SqFt: $683/SqFt

Tax Information:

  • Annual Amount: $5,474
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in South Miami, FL.

Med. Sold Price

$940K

Med. Price/SqFt

$558

Avg. Days On Market

35

# of Sold Homes

6

6899 SW 62nd Ter vs South Miami

82 DAYS ON ROCKET

+47 Days

$2,600,000

+$1.6M More

$683/SqFt

+$124 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $124/SqFt more than other homes in South Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11514134

Listing Office:

  • Office Name: RE/MAX Advance Realty
  • Office Phone: (305) 444-7111
  • Listing Agent: Faycal Bennouna Zhar

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 4:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,474$311,693
2018$5,111$299,005
2017$5,003$292,856

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1896806
8
/10
  • South Miami K-8 Center

  • 6800 SW 60th St

  • 0.18 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1896807
7
/10
  • South Miami Middle School

  • 6750 SW 60th St

  • 0.14 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1896808
3
/10
  • South Miami Senior High School

  • 6856 SW 53rd St

  • 0.58 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,747. Residents of South Miami, FL typically earn between $35k-100k each year. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6899 SW 62nd Ter

What is the listing price of this property?

The listing price of 6899 SW 62nd Ter property is $2,600,000.

What type of property is this?

The property 6899 SW 62nd Ter is a house located in South Miami, Florida, 33143.

Is this property for sale now?

Accepting Backup Offers: 6899 SW 62nd Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 6899 SW 62nd Ter are:
South Miami K-8 Center: GreatSchools Rating 8/10
South Miami Middle School: GreatSchools Rating 7/10
South Miami Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,474 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6899 SW 62nd Ter has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 6899 SW 62nd Ter is 3,804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6899 SW 62nd Ter is 1940.
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Rocket HomesFloridaMiami-Dade CountySouth Miami331436899 SW 62nd Ter

This home is located at 6899 SW 62nd Ter in South Miami, FL and zip code 33143 in the West South Miami neighborhood. This 3,804 square foot home was built in 1940. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $2,600,000.

In March 2024 more than 0 listings in South Miami, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in South Miami, FL between February 2024 and March 2024 increased by 14.3%. In March 2024 median list price was $940,000 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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