$880,000
SOLD JUL 8, 2024

6320 SW 62nd Terrace South Miami, FL 33143

0.23 Acre
$3,826,087 Price per Acre
10,000 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

11% Above List Price

10 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Fenced
  • South Miami K-8 Center Rated A-
  • Landscaped with Trees

About This Lot

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,583

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • North Facing Home
  • Fenced
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 0800

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twin Lake Manor Sub Condos
  • Twin Lake Manor Sub Subdivision

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$10,583

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • 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).
  • Horses: No
  • Lot Size Acres: 0.23
  • Lot Size: 100x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: TWIN LAKE MANOR SUB
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Primary

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Corner Location, Less Than 1/4 Acre Lot, Fenced, Other, Sidewalk, Street Lights
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TWIN LAKE MANOR SUB

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Cable Available, Electricity Available, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-25-039-1460
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 10000
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

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
$940,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,427
Avg. Annual Appreciation
5.08%

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
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 Type Sale Price Title Company
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

  • Amit Bhuta

    Seller's Agent in 2024

    Amit Bhuta

    Compass Florida, LLC

    (305) 439-3031

    4 in this area

    69 Total Sales

    Section Image
  • Zheng Ma

    Buyer's Agent in 2024

    Zheng Ma

    Miami Shanghai Lifestyle, LLC.

    (786) 338-0966

    3 in this area

    10 Total Sales

    Section Image
  • Jesus Rodriguez

    Seller's Agent in 2022

    Jesus Rodriguez

    Homeside Realty Corp.

    (305) 331-6855

    34 Total Sales

    Section Image
  • Kevin Kavanaugh

    Buyer's Agent in 2022

    Kevin Kavanaugh

    Associates Realty

    (305) 926-8228

    43 Total Sales

    Section Image

  • C

    Seller's Agent in 2012

    Cliff Glansen

    FlatFee.com

    (877) 575-5505

    2,882 Total Sales

    Section Image

  • C

    Buyer's Agent in 2012

    Cliff Glansen

    The Sheridan Network.com

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11596624

MIAMI REALTORS® MLS

APN: 09-4025-039-1460

Florida Miami/Dade County South Miami 33143

6320 SW 62nd Terrace, South Miami, FL

This home is located at 6320 SW 62nd Terrace, South Miami, FL 33143 and is currently priced at $880,000, approximately $469 per square foot. 6320 SW 62nd Terrace is a home located in Miami-Dade County with nearby schools including South Miami K-8 Center, South Miami Middle School, and South Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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