$880,000
SOLD JUL 8, 2024

6320 SW 62nd Terrace South Miami, FL 33143

3 Beds
2 Baths
1,918 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$459 Per Sq Ft

11% Above List Price

10 Days on Market

Highlights

  • Garden View
  • No HOA
  • Converted Garage
  • South Miami K-8 Center Rated A-
  • Circular Driveway
  • 1 Car Attached Garage

About This Home

As of July 2024

Ready to be the star of your own version of "Fixer Upper" or a "Property Brothers" episode? This large corner lot in vibrant South Miami is your blank canvas. Picture yourself sipping morning coffee on the porch, surrounded by lush greenery, and planning your next design move. Afternoons can be spent exploring nearby chic cafes and trendy boutiques. Evenings? Perfect for BBQs and stargazing in your spacious yard. This isn’t just a home; it’s a lifestyle upgrade waiting to happen. Grab this opportunity to transform this gem and make your bank account sing! Remember, your journey here will be envy-worthy. Don't forget to document your journey for your future fans!

Last Agent to Sell the Property

Amit Bhuta

Compass Florida, LLC License #3088610 Listed on: 05/30/2024

Compass Florida, LLC

Last Buyer's Agent

Zheng Ma

Miami Shanghai Lifestyle, LLC. License #3535195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,583

Year Built

  • Built in 1956

Lot Details

  • 10,000 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0800

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Twin Lake Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-039-1460

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,583

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Ludlam Drive (SW 67th Avenue) to SW 64th Street and head east. Head north until SW 62nd Terrace and make a left. The house is on the corner (6320).
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TWIN LAKE MANOR SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other, Garage Converted, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1918
  • Possible Use: Primary
  • Bedroom Features: Primary Bath Shower
  • Living Room Features: Garage Converted, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TWIN LAKE MANOR SUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 09-40-25-039-1460
  • Lot Size Sq Ft: 10000
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 8, 2024
Sold by
Virendra Gopalji Bhuta Revocable Trust and Bhuta Amit
Bought by
Vinex Z Properties Llc
Seller's Agent
Amit Bhuta
Compass Florida, LLC
Buyer's Agent
Zheng Ma
Miami Shanghai Lifestyle, LLC.
List Price
$795,000
Sold Price
$880,000
Premium/Discount to List
$85,000
10.69%
Views
12
Current Estimated Value
$1,067,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,610
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Apr 9, 2024
Sold by
Bhuta Virendra G
Bought by
Virendra Gopalji Bhuta Revocable Trust and Bhuta

Purchase Details

Closed on
Jan 13, 1994
Sold by
Olster Sylvia K
Bought by
Bhuta Virendra G and Bhuta Pravina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $880,000 None Listed On Document
Warranty Deed $880,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $880,000 0.0% $469 / Sq Ft
07/08/2024 07/08/24 Sold $880,000 +10.7% $459 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/09/2024 06/09/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $795,000 0.0% $424 / Sq Ft
05/30/2024 05/30/24 For Sale $795,000 0.0% $414 / Sq Ft
03/01/2022 03/01/22 Rented -- -- --
02/28/2022 02/28/22 Under Contract -- -- --
02/19/2022 02/19/22 For Rent $3,500 +94.4% --
03/21/2012 03/21/12 Rented $1,800 +0.1% --
02/20/2012 02/20/12 Under Contract -- -- --
11/03/2011 11/03/11 For Rent $1,799 -- --
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 $11,763 $740,068 $600,000 $140,068
2024 $10,583 $575,911 -- --
2023 $10,583 $523,556 $0 $0
2022 $9,471 $475,960 $0 $0
2021 $8,703 $432,691 $0 $0
2020 $7,932 $393,356 $260,000 $133,356
2019 $7,825 $393,364 $260,000 $133,364
2018 $7,202 $393,372 $260,000 $133,372
2017 $6,697 $317,001 $0 $0
2016 $6,244 $288,183 $0 $0
2015 $5,587 $261,985 $0 $0
2014 $5,129 $238,169 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11596549

MIAMI REALTORS® MLS

APN: 09-4025-039-1460