by RH Advisors

See Home Value
$1,400,000
House - Off Market

6240 SW 78th St

South Miami, FL 33143
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2615 Sqft
$7,868
Estimated Monthly
$0
HOA / Fees
9.20%
Cap Rate

About This Property

Bring offers! Listed at its appraised value. Immerse yourself in luxury & comfort with this stunning move-in ready home nestled in South Miami. Boasting 5 beds, 4 baths, & a spacious family room/flex room, this home sits on a 14,700 sq. ft. lot, perfect for a growing family. With 2,615 sq. ft. of living space, you'll enjoy comfortable and spacious quarters. The open-concept design and abundant natural light effortlessly create an elegant atmosphere. Meticulous details and exquisite finishes enhance the overall living experience. Indulge in the sanctuary of the master suite, complete with walk-in closets and a lavish bath. The beautiful large open concept kitchen is ideal for preparing your favorite dishes. Don't miss this chance to own a home in a sought-after South Miami neighborhood.
Unit Size
2,615Ft²
Days on Market
111 days
Land Size
0.34 acres
Price per sqft
$573
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1952
Last updated: 2 months ago (Miami MLS #A11483736)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold $1,400,000
Sold
Jan 16, 2024 In contract -
In contract
Nov 10, 2023 Listed by LUXE Properties LLC $1,499,500
Listed by LUXE Properties LLC
The property is listed at its appraised value. Immerse yourself in luxury & comfort with this stunning move-in ready home nestled in South Miami. Boasting 5 beds, 4 baths, & a spacious family room/flex room, this home sits on a 14,700 sq. ft. lot, perfect for a growing family. With 2,615 sq. ft. of living space, you'll enjoy comfortable and spacious quarters. The open-concept design and abundant natural light effortlessly create an elegant atmosphere. Meticulous details and…
Nov 9, 2023 No longer available -
No longer available
Oct 24, 2023 Relisted $1,500,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,700
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,591
  • Gross Building Area: 2,591
  • Building Area: 2,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,555
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HEIGHTS
  • Land Acres: 0.338
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HEIGHTS PB 46-64 LOT 2 BLK 7 LOT SIZE 100.000 X 147 OR 21017-2617 02/2003 1

Ownership

  • Current Owner : WANG XINTING
  • Current Owner 2: LOK PATRICK
  • Previous Owner : BALSARA NAVZOR
  • Previous Owner 2: BALSARA JOISY
  • Owner Before Previous Owner: MARSHALL JOHN T
  • Owner Before Previous Owner 2: MARSHALL INGRID V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SOUTH MIAMI
  • Census Tract: 007610

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 236
  • District: 09
  • Parcel: 09-4036-011-0640
  • Block: 7
  • Lot: 2
  • Meridian: SEC 36 TWN 54S RNG 40E
  • Municipality: SOUTH MIAMI
  • Latitude: 25.6983
  • Longitude: -80.2947

    Address

  • Full Address: 6240 Sw 78th St
  • Address - House Number: 6240
  • Street Direction: SW
  • Address - Street Name: 78th
  • Address - Suffix Type: St
  • State: FL
  • City Name: South Miami
  • Carrier Code: C031
  • 4-Digit Zip Code: 4926
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 2,497
  • Tax Year: 2023
  • Tax Amount: $6,245
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,383,232
  • High Value: 1,513,166
  • Low Value: 1,253,298

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,190,000
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,190,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $958,581
  • Market Land Value: $815,100
  • Market Improvement Value: $143,481

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,462

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Transaction ID: 11923554342
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 221185
  • Previous Sale Recording Date: Feb 12, 2003
  • Previous Sale Contract Date: Feb 06, 2003
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Mar 22, 2024
  • First Mortgage Loan Amount: $1,190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTH ATLANTIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 12, 2003
  • Previous Mortgage Loan Amount: $223,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,004 ft²
$532/ft²
$1,599,000 Oct 4, 2023
$1,599,000 Feb 13, 2024
$966/mo
House
3 Beds
2 Baths
1,349 ft²
$1,093/ft²
$1,475,000 Oct 10, 2023
$1,475,000 Jan 5, 2024
$1,050/mo
House
3 Beds
2 Baths
1,683 ft²
$654/ft²
$1,100,000 Jun 7, 2023
$1,100,000 Oct 12, 2023
$358/mo
House
3 Beds
2 Baths
1,836 ft²
$735/ft²
$1,350,000 Aug 29, 2023
$1,350,000 Oct 26, 2023
$410/mo
House
4 Beds
3 Baths
2,429 ft²
$696/ft²
$1,690,000 Dec 6, 2023
-
$652/mo
House
4 Beds
2 Baths
2,196 ft²
$674/ft²
$1,480,000 Mar 7, 2024
-
$744/mo
House
3 Beds
2 Baths
2,202 ft²
$658/ft²
$1,450,000 Feb 29, 2024
-
$598/mo
House
3 Beds
3 Baths
2,003 ft²
$698/ft²
$1,399,000 Feb 21, 2024
-
$1,163/mo
Multifamily
Stu
-
1,900 ft²
$682/ft²
$1,295,000 Jan 22, 2024
-
$707/mo

About South Miami


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Frequently Asked Questions

When was property at 6240 Southwest 78th Street built and last sold?
The property at 6240 Southwest 78th Street was built in 1952 and last sold on Feb 29, 2024 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 6240 Southwest 78th Street is $1,514,495.
What are some comparable homes to 6240 Southwest 78th Street?
There are currently no comparable homes to 6240 Southwest 78th Street.

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