NOT LISTED FOR SALE

7090 SW 59th Place South Miami, FL 33143

Estimated Value: $963,889

-- Bed
-- Bath
30,000 Sq Ft
$32/Sq Ft Est. Value

About This Home

Discover Somi Walk Residences, This exclusive South Miami address offers junior suites, 1 bedroom 1 bathroom, 1bedroom 1.5 bathrooms plus den, & 2-bedroom 2 bathroom residences. Enjoy resort-style amenities including an elegant lobby with 24hr concierge, heated pool, indoor pickleball courts, pet spa, a wellness center, business center with coworking stations, state of the art gym / yoga room, sauna, club room, bike storages and much more. Somi Walk residences combine luxury with modern living in a vibrant community, minutes to downtown South Miami, University of Miami, Coral Gables, Coconut Grove, Pinecrest and steps to the metrorail. Completion anticipated by end of 2026.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Spiegel Robert and Spiegel William
Bought by
Grec Pinecrest Llc
Current Estimated Value
$963,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,083,455
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Grec Pinecrest Llc $3,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grec Pinecrest Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2025 07/05/25 Off Market $3,700 -- --
09/30/2024 09/30/24 Price Changed $3,700 0.0% $6 / Sq Ft
09/27/2024 09/27/24 For Rent $3,700 -- --

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 $24,111 $1,383,040 $1,250,100 $132,940
2024 $26,502 $1,258,717 $1,125,000 $133,717
2023 $26,502 $1,168,616 $1,041,750 $126,866
2022 $26,570 $1,377,696 $1,250,100 $127,596
2021 $14,171 $698,929 $583,380 $115,549
2020 $14,243 $700,704 $583,380 $117,324
2019 $14,218 $697,785 $583,380 $114,405
2018 $13,947 $699,634 $583,380 $116,254
2017 $13,934 $700,801 $0 $0
2016 $14,136 $697,587 $0 $0
2015 $14,103 $680,984 $0 $0
2014 $13,592 $619,077 $0 $0
Source: Public Records

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