NOT LISTED FOR SALE

6116 SW 62nd Terrace Unit 2 South Miami, FL 33143

Estimated Value: $193,000 - $260,000

2 Beds
1 Bath
633 Sq Ft
1953 Built

Last Sold October 14, 2015

Last sale price $104,900 $166 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,420/month

Highlights

  • Main Floor Bedroom
  • No HOA
  • Guest Parking
  • South Miami K-8 Center Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2024

Great 2 bedroom & 1 bathroom condo on 1st floor, beautifully updated bathroom, new kitchen appliances, freshly painted, plenty of parking available, and it’s minutes away from: UM, hospitals, major highways, metro-rail, shopping centers, dining, entertainment and much more! This is a great location at a great price for you! Available for immediate occupancy. NO PETS! Need 1st month + 2 month sec dep & good credit.

Last Agent to Rent the Property

Rebeca Castellon

Compass Florida, LLC License #3248495 Listed on: 04/19/2024

Compass Florida, LLC

Last Renter's Agent

Rebeca Castellon

Compass Florida, LLC License #3248495 Listed on: 04/19/2024

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1953

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Flat Tile Roof

Interior Spaces

  • 633 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 09-40-25-081-0020

Community Details

Overview

  • No Home Owners Association
  • South Miami Villas Condo
  • South Miami Villas Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,908

Year Built

Built in 1953

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1953
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: SOUTH MIAMI VILLAS CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 633
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTH MIAMI VILLAS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-25-081-0020
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 1000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 14, 2015
Sold by
Perera Alejandro
Bought by
Malhotra Gaurav
Seller's Agent
Luz Hermoza
Beachfront Realty Inc
Buyer's Agent
Luz Hermoza
Beachfront Realty Inc
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$224,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,204
Avg. Annual Appreciation
7.85%

Purchase Details

Listed on
May 7, 2013
Closed on
Aug 6, 2013
Sold by
Castellon Elsa
Bought by
Perera Alejandro
Seller's Agent
Diana DelaRosa
Realty World Executive Homes
Buyer's Agent
Luis Badillo
Keller Williams Realty Premier Properties
List Price
$50,500
Sold Price
$50,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.63%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Calwell Inc
Bought by
Castellon Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2000
Sold by
Miles Dorothy
Bought by
Calwell Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malhotra Gaurav $104,900 Attorney
Perera Alejandro $50,500 Frontier Title Group Llc
Castellon Elsa $260,000 Attorney
Calwell Inc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellon Elsa $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2024 06/01/24 Rented $2,000 0.0% --
05/16/2024 05/16/24 Under Contract -- -- --
04/19/2024 04/19/24 For Rent $2,000 0.0% --
03/15/2023 03/15/23 Rented $2,000 0.0% --
02/18/2023 02/18/23 Under Contract -- -- --
01/26/2023 01/26/23 For Rent $2,000 +53.8% --
03/11/2020 03/11/20 Rented $1,300 0.0% --
01/29/2020 01/29/20 For Rent $1,300 0.0% --
10/14/2015 10/14/15 Sold $104,900 0.0% $166 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $104,900 +107.7% $166 / Sq Ft
08/06/2013 08/06/13 Sold $50,500 0.0% $80 / Sq Ft View Prior Sale
05/07/2013 05/07/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $50,500 -- $80 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,908 $157,594 -- --
2024 $2,763 $143,268 -- --
2023 $2,763 $130,244 $0 $0
2022 $2,320 $118,404 $0 $0
2021 $2,204 $107,640 $0 $0
2020 $2,127 $107,640 $0 $0
2019 $1,901 $92,000 $0 $0
2018 $1,861 $92,000 $0 $0
2017 $1,681 $84,526 $0 $0
2016 $1,713 $84,526 $0 $0
2015 $993 $38,247 $0 $0
2014 $733 $34,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebeca Castellon

    Landlord's Agent in 2024

    Rebeca Castellon

    Compass Florida, LLC

    (305) 600-8493

    1 in this area

    45 Total Sales

    Rebeca Castellon
    Section Image

  • E

    Seller's Agent in 2020

    Elsa Castellon

    Sun Realty Investments Inc

    (305) 790-2504

    3 in this area

    6 Total Sales

    Elsa Castellon
    Section Image
  • Luz Hermoza

    Seller's Agent in 2015

    Luz Hermoza

    Beachfront Realty Inc

    (305) 431-1760

    34 Total Sales

    Luz Hermoza
    Section Image

  • D

    Seller's Agent in 2013

    Diana DelaRosa

    Realty World Executive Homes

    (305) 798-3022

    28 Total Sales

    Diana DelaRosa
    Section Image
  • Luis Badillo

    Buyer's Agent in 2013

    Luis Badillo

    Keller Williams Realty Premier Properties

    (305) 510-8610

    47 Total Sales

    Luis Badillo
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11573018

MIAMI REALTORS® MLS

APN: 09-4025-081-0020

Florida Miami/Dade County South Miami 33143

6116 SW 62nd Terrace Unit 2, South Miami, FL

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