by RH Advisors

Check Availability
$1,795,000
House - In Contract

7111 SW 63rd Ave

South Miami, FL 33143
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2414 Sqft
$9,915
Estimated Monthly
$0
HOA / Fees
3.88%
Cap Rate

About This Property

Charming oasis in the heart of South Miami! Nestled on quiet, kid-friendly street, this delightful home, perfect for anyone, including your growing family. This fully renovated gem consists of 4 beds, 3 baths, and a generous 2,414 sqft of open, light filled living space. Well distributed home, situated on a spacious 7,150 sqft lot. Designated backyard for play, entertainment and tranquility. Your large balcony overlooks manicured landscaping, a large pool with spa, waterfall and terrace/patio, creating the perfect ambiance for creating beautiful memories. Peace of mind provided by new roof and impact proof windows throughout, brand-new flooring, resurfaced pool and updated kitchen. Central yet secluded. Close proximity to restaurants, shopping, A-rated schools and recreation.
Unit Size
2,414Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$744
Property Type
House
Property Taxes
$1,101
HOA Dues
-
Year Built
1926
Listed By
Magnus Jennemyr
Magnus Jennemyr
Engel & Volkers Miami Coral Gables
Last updated: 2 months ago (Miami MLS #A11547668)

Price History

Date / Event Date Event Price
Mar 29, 2024 In contract -
In contract
Mar 13, 2024 Listed by Engel & Voelkers Coconut Grove $1,795,000
Listed by Engel & Voelkers Coconut Grove
Feb 23, 2021 Sold to Justo R Garcia $600,000
Sold to Justo R Garcia
Jan 22, 2021 No longer available -
No longer available
Dec 10, 2020 Price Decreased $650,000
↓ $49K (7%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway, Paver Block
Interior Details

Bathroom Information

Full Bathrooms: 3

Bedroom Information

Bedrooms: 4
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Interior Information

Interior Features: First Floor Entry, Built-in Features, French Doors, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Storage, Utility Room/Laundry
Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
Flooring Type: Other, Tile, Wood
Door Features: High Impact Doors, French Doors
Laundry Features: Utility Room/Laundry

Room Information

Living Room Features: Storage Room, Utility Room/Laundry

Fireplace Information

Has Fireplace
Fireplace Features: Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,414
  • Gross Building Area: 2,414
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL PALM VILLAS
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL PALM VILLAS PB 19-17 LOT 7 BLK 2 LOT SIZE 50.000 X 143 OR 21216-4954 04 2003 1

Ownership

  • Current Owner : GARCIA JUSTO R
  • Current Owner 2: GARCIA CAROLINA A
  • Previous Owner : KHAN FAIGUL
  • Owner Before Previous Owner: U S BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SOUTH MIAMI
  • Census Tract: 007608

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 225
  • District: 09
  • Parcel: 09-4025-013-0120
  • Block: 2
  • Lot: 7
  • Meridian: SEC 25 TWN 54S RNG 40E
  • Municipality: SOUTH MIAMI
  • Latitude: 25.7047
  • Longitude: -80.2957

    Address

  • Full Address: 7111 Sw 63rd Ave
  • Address - House Number: 7111
  • Street Direction: SW
  • Address - Street Name: 63rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: South Miami
  • Carrier Code: C014
  • 4-Digit Zip Code: 4706
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 2,082
  • Tax Year: 2023
  • Tax Amount: $13,208
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,709,782
  • High Value: 1,870,391
  • Low Value: 1,549,173

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $600,278
  • Market Land Value: $293,150
  • Market Improvement Value: $307,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,431

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 23, 2021
  • Current Sale Transaction ID: 11824041031
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0137521
  • Previous Sale Recording Date: Oct 12, 2018
  • Previous Sale Contract Date: Oct 04, 2018
  • Previous Sale Amount: $372,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Feb 23, 2021
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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
4 Beds
3 Baths
2,137 ft²
$669/ft²
$1,430,000 Aug 1, 2023
$1,430,000 Oct 11, 2023
$1,277/mo
House
3 Beds
3 Baths
2,576 ft²
$592/ft²
$1,525,000 Nov 8, 2023
$1,525,000 Jan 16, 2024
$892/mo
House
3 Beds
3 Baths
1,740 ft²
$948/ft²
$1,650,000 Nov 3, 2023
$1,650,000 Nov 20, 2023
$808/mo
House
4 Beds
4 Baths
3,749 ft²
$447/ft²
$1,675,000 Jul 13, 2023
$1,675,000 Sep 13, 2023
$1,181/mo
House
5 Beds
3 Baths
2,912 ft²
$524/ft²
$1,525,000 Nov 6, 2023
$1,525,000 Jan 10, 2024
$1,395/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 6, 2024
-
$744/mo
House
4 Beds
5 Baths
3,423 ft²
$621/ft²
$2,125,000 Feb 13, 2024
-
$1,017/mo
House
4 Beds
3 Baths
2,012 ft²
$919/ft²
$1,850,000 Mar 16, 2024
-
$758/mo
House
3 Beds
2 Baths
2,482 ft²
$766/ft²
$1,900,000 Mar 29, 2023
-
$636/mo
House
5 Beds
3 Baths
2,038 ft²
$736/ft²
$1,500,000 Jan 23, 2024
-
$288/mo

About South Miami


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Frequently Asked Questions

When was property at 7111 Southwest 63rd Avenue built and last sold?
The property at 7111 Southwest 63rd Avenue was built in 1926 and last sold on Feb 22, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 7111 Southwest 63rd Avenue is $1,724,799.
What are some comparable homes to 7111 Southwest 63rd Avenue?
Homes that are comparable to 7111 Southwest 63rd Avenue include a house property at 7531 Southwest 63rd Court, 6001 Southwest 62nd Avenue, 5650 Southwest 63rd Court.

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