south miami

6555 SW 59 PL South Miami FL $675,000 (SOLD)

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  • Transaction Type: Buyer Representation
  • Short sale or foreclosure: no / no
  • Type of property: 6-plex
  • Living and lot size (sqft): 7,200 / n/a
  • Year built: 1961
  • No. of units: 6
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / barrel
  • Floor and pool: tile/ wood
  • Heating and cooling: central / central
  • Sewer: municipal

Monthly Mortgage Payment at 3.41% interest rate, 30-year fixed, and purchase price of $675,000:

  • Conventional loan with 10% down: $2,679
  • Conventional loan with 20% down: $2,397

Local Schools:

Location:

5631 SW 67 Ave South Miami FL $2,500 (RENTED)

Mario AvalosLeave a comment

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Updated single family home in the heart of South Miami. New roof. New plumbing. New electricity. New windows. New AC.  Brilliant-shined terrazzo flooring. Extra-large lot with extra-large shed. Open living-dining room layout.  Spacious kitchen with plenty of cabinetry overseeing large breakfast area. Wood flooring in master bedroom with double closets and contemporary-styled bathroom. Septic tank.

Property Details:

  • Transaction Type: Landlord Representation
  • Address: 5631 SW 67 Ave
  • City, State and Zip: South Miami, FL 33143
  • Asking Price for rent: $2,500
  • Type of property: single family home
  • Living and lot size (sqft): 1,219 / 13,068
  • Year built: 1952
  • Beds, full baths and half baths: 3 / 2
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: terrazzo and wood/ no
  • Heating and cooling: central / central
  • Sewer: septic

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $94,316
  • Population: 31,987
  • Owners vs Renters: 64% and 36%

Check out the latest South Miami 33143 Demographics Summary or South Miami 33143 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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6755 SW 53 ST South Miami FL $425,000 (SOLD)

Mario AvalosLeave a comment

FHA VA OK. Single family home in prime South Miami. Open dining/living room layout. Updated bathroom. Florida room with access to over-sized yard (spacious shed included). Open kitchen design with plenty of cabinetry and breakfast area. Large master bedroom with en-suit. Utility/laundry room with separate entry. Hurricane shutter and septic tank cleaned and inspected 6 months ago.

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  • Transaction Type: Seller Representation
  • Address: 6755 SW 53 ST
  • City, State and Zip: Miami, FL 33155
  • Asking price for sale: $425,000
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 1,451 / 14,500
  • Year built: 1949
  • Beds, full baths and half baths: 3 / 2 / 0
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / barrel
  • Floor and pool: tile and carpet / no
  • Heating and cooling: central / central
  • Sewer: septic

Got questions on this listing? Call or text me at (305) 305-1535

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $425,000:

  • Conventional loan with 10% down: $1,938
  • Conventional loan with 20% down: $1,723

Need other mortgage scenarios? Mortgage Calculator

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $65,737
  • Population: 43,426
  • Owners vs Renters: 74% and 26%

Check out the latest South Miami 33155 Demographics Summary or South Miami 33155 Demographics Detailed Analysis .

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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Thank you for your response. ✨

5631 SW 67 Ave South Miami FL $2,500 (RENTED)

Mario AvalosLeave a comment

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Updated single family home in the heart of South Miami. New roof. New plumbing. New electricity. New windows. New AC.  Brilliant-shined terrazzo flooring. Extra-large lot with extra-large shed. Open living-dining room layout.  Spacious kitchen with plenty of cabinetry overseeing large breakfast area. Wood flooring in master bedroom with double closets and contemporary-styled bathroom. Septic tank.

Virtual Tour

 

Property Details:

  • Transaction Type: Landlord Representation
  • Address: 5631 SW 67 Ave
  • City, State and Zip: South Miami, FL 33143
  • Asking Price for rent: $2,500
  • Type of property: single family home
  • Living and lot size (sqft): 1,219 / 13,068
  • Year built: 1952
  • Beds, full baths and half baths: 3 / 2
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: terrazzo and wood/ no
  • Heating and cooling: central / central
  • Sewer: septic

What’s Up Around This Home?

 

Local Schools:

Location:

 

Area Demographics:

  • Average Income: $94,316
  • Population: 31,987
  • Owners vs Renters: 64% and 36%

Check out the latest South Miami 33143 Demographics Summary or South Miami 33143 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

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Home Prices Spike. And There Are No Homes For Sale!

Mario AvalosLeave a comment

It’s a seller’s market throughout Miami as prices get hot during the first quarter of 2015. Quite a turn around from the later half of 2014.  Why the rebound? Foreclosures are no where to be seen and equity sellers (regular home owners like you and I) are gripping to their homes with vengeance reclaiming what they had lost in value since the real estate crisis.

This lack of inventory is giving buyers little to choose from and even lesser price negotiation leverage.  Sellers are literally getting away with murder by asking what they want for their home, and getting it.

Average Sold Price Miami Florida 2015

What’s the outlook? If you ask a seller, bright. If you’re asking a buyer, it sucks. The foreclosure market is expected to continue to dwindle.  The economy is expected to continue to improve.  And as long as home price appreciation meets or exceeds  the cost for home owners to hold onto their properties, the expectation is that they’ll wait “a bit longer” to sell.

What was the average home worth in 2010 vs now is 2015? See below graph.

average single family price miami

How long are single family homes staying in the market until they are sold? See below graph.

days on market single family home miami

What type of sales are dominating your neighborhood? See below graph.

type of single family home sale in miami

5631 SW 67 Ave South Miami FL $355,000 (SOLD)

Rocio CasalesLeave a comment

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Conventional or cash only. Updated single family home in the heart of South Miami. New roof. New plumbing. New electricity. New windows. New AC.  Brilliant-shined terrazzo flooring. Extra-large lot with extra-large shed and fitting for Olympic size pool. Open living-dining room layout.  Spacious kitchen with plenty of cabinetry overseeing large breakfast area. Wood flooring in master bedroom with double closets and contemporary-styled bathroom. Septic tank.

Virtual Tour

 

Property Details:

  • Transaction Type: Seller Representation
  • Address: 5631 SW 67 Ave
  • City, State and Zip: South Miami, FL 33143
  • Asking Price for sale/ rent: $355,000/ $2,400
  • Short sale or foreclosure: no / no
  • Type of property: single family home
  • Living and lot size (sqft): 1,219 / 13,068
  • Year built: 1952
  • Beds, full baths and half baths: 3 / 2
  • Garage: 0
  • Water front or access: no / no
  • Exterior walls and roof: concrete / shingle
  • Floor and pool: terrazzo and wood/ no
  • Heating and cooling: central / central
  • Sewer: septic

What’s Up Around This Home?

 

Local Schools:

Monthly Mortgage Payment at 4.5% interest rate, 30-year fixed, and purchase price of $355,000:

  • FHA loan with 3.5% down: $1,735
  • Conventional loan with 5% down: $1,709
  • Conventional loan with 10% down: $1,619
  • Conventional loan with 20% down: $1,439

Need other mortgage scenarios? Mortgage Calculator

Location:

 

Area Demographics:

  • Average Income: $94,316
  • Population: 31,987
  • Owners vs Renters: 64% and 36%

Check out the latest South Miami 33143 Demographics Summary or South Miami 33143 Demographics Detailed analysis.

Nearest Rotary Clubs:

What’s Rotary? Neighbors, community leaders, and global citizens uniting for the common good. Learn more at Rotary.org

Questions? Call / Text 305.305.1535 or Email Me!

← Back

Thank you for your response. ✨