NOT LISTED FOR SALE

7601 SW 59th Ct South Miami, FL 33143

Estimated Value: $1,306,000 - $2,186,000

0.27 Acre
$6,365,893 Price per Acre
11,761 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $1,475,000 $1,001 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,844/month

49 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 3-minute walk to Van Smith Park
  • South Miami Middle School Rated A-

About This Lot

As of January 2024

Rarely available PINECREST VILLAS Sub- WOW! Location! HUGE LOT! Fantastic opportunity in the very sought-after South Miami neighborhood is just steps away from the downtown area! Enjoy the extra-large backyard that is fenced in, in this 11,700 Sq ft lot with fruit trees. The big corner lot offers plenty of space to expand the home, and even add a large pool to create the yard of your dreams! Many opportunities with the large lot and location. Friendly, wonderful neighborhood east of US-1 with very close proximity to Sunset Place shops, restaurants, The University of Miami, Metrorail, and South Miami Hospital. No Flood Zone -X

Last Agent to Sell the Property

Kathy Hidy

Keller Williams Capital Realty License #3292080 Listed on: 10/16/2023

Keller Williams Capital Realty

Last Buyer's Agent

Kathy Hidy

Keller Williams Capital Realty License #3292080 Listed on: 10/16/2023

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,600

Lot Details

  • 0.27 Acre Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned 0800

Location

  • City Lot

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pinecrest Villas 2 Addn Condos
  • Pinecrest Villas 2 Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-018-0050

Property Details

Property Type

Land

Est. Annual Taxes

$12,600

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Conveniently located near great shops at Sunset Place, Movie Theater, restaurants, Whole Foods, Publix, Trader Joe's, University of Miami, and SoMia parks! Location Location
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.27
  • New Construction: No
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: PINECREST VILLAS 2 ADDN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: West
  • Lot Features: City Location, Less Than 1/4 Acre Lot, No Misc/Improvements
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PINECREST VILLAS 2 ADDN

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-36-018-0050
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 11758
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 4, 2024
Sold by
Singh Avinash David and Parsatoon Peter Nicholas
Bought by
Gurkin Louis H
Seller's Agent
Kathy Hidy
Keller Williams Capital Realty
Buyer's Agent
Kathy Hidy
Keller Williams Capital Realty
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%
Views
106
Current Estimated Value
$1,718,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,791
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Chebbi Tarek and Calvo Chebbi Esther M
Bought by
Singh Avinash David and Parsatoon Peter Nicholas

Purchase Details

Closed on
Jun 20, 1995
Sold by
Parsatoon Peter and Parsatoon Bijman
Bought by
Chebbi Tarek and Calvo Chebbi Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,700
Interest Rate
8.23%
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
Gurkin Louis H $1,475,000 None Listed On Document
Singh Avinash David $339,900 Attorney
Chebbi Tarek $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chebbi Tarek $117,329
Previous Owner Chebbi Tarek $122,000
Previous Owner Chebbi Tarek $132,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $1,475,000 -1.6% $1,001 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $1,499,000 0.0% $1,017 / Sq Ft
07/14/2022 07/14/22 Rented $4,600 +7.0% --
06/28/2022 06/28/22 Under Contract -- -- --
06/16/2022 06/16/22 For Rent $4,300 -4.4% --
03/01/2022 03/01/22 Rented -- -- --
03/01/2022 03/01/22 Under Contract -- -- --
02/07/2022 02/07/22 For Rent $4,500 +32.4% --
09/02/2015 09/02/15 Rented $3,400 0.0% --
09/02/2015 09/02/15 For Rent $3,400 +54.5% --
09/17/2012 09/17/12 Rented $2,200 -15.4% --
08/18/2012 08/18/12 Under Contract -- -- --
08/14/2012 08/14/12 For Rent $2,600 -- --
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 $21,620 $1,249,263 -- --
2024 $14,689 $1,135,694 $935,594 $200,100
2023 $14,689 $708,990 $0 $0
2022 $12,600 $644,537 $0 $0
2021 $11,760 $585,943 $478,676 $107,267
2020 $10,919 $542,469 $435,160 $107,309
2019 $11,124 $617,220 $511,313 $105,907
2018 $10,104 $595,487 $489,555 $105,932
2017 $9,650 $425,590 $0 $0
2016 $9,227 $386,900 $0 $0
2015 $8,336 $351,728 $0 $0
2014 $7,265 $319,753 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Hidy

    Seller's Agent in 2024

    Kathy Hidy

    Keller Williams Capital Realty

    (305) 606-6652

    2 in this area

    119 Total Sales

    Kathy Hidy
    Section Image
  • Jordana Quetgles

    Buyer Co-Listing Agent in 2024

    Jordana Quetgles

    Compass Florida, LLC

    (305) 244-4976

    1 in this area

    12 Total Sales

    Jordana Quetgles
    Section Image
  • Valaree Byrne

    Seller's Agent in 2022

    Valaree Byrne

    BHHS EWM Realty

    (305) 323-6231

    14 in this area

    106 Total Sales

    Valaree Byrne
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • V

    Seller Co-Listing Agent in 2015

    Vanessa Kayes

    BHHS EWM Realty

    (305) 301-9297

    10 Total Sales

    Vanessa Kayes
    Section Image

  • M

    Buyer's Agent in 2015

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    7 in this area

    585 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11464975

MIAMI REALTORS® MLS

APN: 09-4036-018-0050

Florida Miami/Dade County South Miami 33143

7601 SW 59th Ct, South Miami, FL

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