2 months on rocket

8501 SW 114th Ter, Miami, FL, 33156

$5,200,000

5 Bedrooms
5 Full Baths, 1 Partial
5,864 SqFt
$887/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Covered, Driveway, Garage, RV Access/Parking, Garage Door Opener
Attached Garage2 spaces
Year Built1987
HeatingCentral
CoolingCentral Air, Electric
ViewGarden, Tennis Court
MLS #A11533245
StatusActive

About 8501 SW 114th Ter

Stunning and immaculate private residence with an oversized 59,939 SF lot gated corner cul-de-sac. Offering living space 5,864 sq ft, consisting of 5 bed/5 full bath/1half bath (3 bedrooms are oversized suites), oversized kitchen with quartz counter-tops/island, huge living spaces, including Gym and Media Room. Outdoor space offers an oversized glass tile pool with IPE wood deck and tennis court/8qty 20-foot light pole, 2 car attached garage/2 car detached IPE wood garage and carport. Outdoors offers pool half bathroom, huge shed and full house generator. Full impact window throughout. This beautiful home is located in an amazing quite neighborhood just 5 min away for Baptist Kendall, centrally located from restaurants, shopping plaza, great schools and much more. Own your own paradise! .

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1987
  • Stories: 1
  • Living Area: 5,864 SqFt

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Anabel Dominguez

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Softener, Washer
  • Flooring Type: Tile, Wood
  • Interior: Bidet, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, First Floor Entry, Jetted Tub, Kitchen Island, Kitchen/Dining Combo, Other, Pantry, Sitting Area in Primary, Separate Shower, 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, Tennis Court
  • Exterior: Deck, Lighting, Porch, Shed, Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Covered, Driveway, Garage, RV Access/Parking, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 8501 SW 114th Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,200,000
  • Price Per SqFt: $887/SqFt

Tax Information:

  • Annual Amount: $22,740
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

8501 SW 114th Ter vs Miami

87 DAYS ON ROCKET

+31 Days

$5,200,000

+$4.6M More

$887/SqFt

+$504 More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price and $504/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11533245

Listing Office:

  • Office Name: London Foster Realty
  • Office Phone: (305) 514-0100
  • Listing Agent: Anabel Dominguez

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: 5/12/2024, 10:20:32 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$22,740$1,341,531
2018$24,113$1,410,079
2017$22,584$1,263,233

History based on county public records data.

Payment Calculator

$26K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.6K

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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-10711301
9
/10
  • Vineland K-8 Center

  • 8455 SW 119th St

  • 0.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-10711302
7
/10
  • Palmetto Middle School

  • 7351 SW 128th St

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-10711303
6
/10
  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 1.08 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,106. The majority of Miami, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8501 SW 114th Ter

What is the listing price of this property?

The listing price of 8501 SW 114th Ter property is $5,200,000.

What type of property is this?

The property 8501 SW 114th Ter is a house located in Miami, Florida, 33156.

Is this property for sale now?

Active Listing: 8501 SW 114th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8501 SW 114th Ter are:
Vineland K-8 Center: GreatSchools Rating 9/10
Palmetto Middle School: GreatSchools Rating 7/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $22,740 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8501 SW 114th Ter has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 8501 SW 114th Ter is 5,864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8501 SW 114th Ter is 1987.
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Rocket HomesFloridaMiami-Dade CountyMiami331568501 SW 114th Ter

This home is located at 8501 SW 114th Ter in Miami, FL and zip code 33156 in the Kendall neighborhood. This 5,864 square foot home was built in 1987. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $5,200,000.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. Between March 2024 and April 2024, Miami, FL real estate market has seen increase in the number of listings by 7.2%. In April 2024 median list price was $546,178 and the average listing age was 56 days.

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

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