NOT LISTED FOR SALE

8900 SW 62nd Ct Miami, FL 33156

Estimated Value: $7,093,000 - $8,605,000

7 Beds
8.5 Baths
7,011 Sq Ft
$1,137/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $5,500,000 $784 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $51,219/month

125 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • 50,529 Sq Ft lot
  • Pinecrest Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Maid or Guest Quarters

About This Home

As of November 2021

Great opportunity to own a coveted gated & custom 7 bedrooms/8.5 bathrooms estate w/ 3-car garage, on a deep oversized lot w/ custom design landscaping, located in prestigious N. Pinecrest. Some of the amazing features of this property are: Resort style amenities, including oversized pool and spa, 2 large, covered terraces with S/S built-in grill & bar, multi-sport court, gourmet kitchen w/Euro wood cabinets & Thermador appliances, family room w/bar & fireplace. Maids quarter, gym/media room, library/office, w/ 3 separate built-in desks, insulated & pre wired closet to be converted into a wine cellar. 2 story foyer w/ panoramic pool & garden views and much more. Walking distance from Gulliver Prep.

Last Agent to Sell the Property

Giovanna Gonzalez

Florida Realty of Miami Corp License #3048836 Listed on: 06/03/2021

Florida Realty of Miami Corp

Last Buyer's Agent

Giovanna Gonzalez

Florida Realty of Miami Corp License #3048836 Listed on: 06/03/2021

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,750

Year Built

  • Built in 2004

Lot Details

  • 1.16 Acre Lot
  • East Facing Home
  • Fenced
  • Property is zoned 2300

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Paver Block

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,011 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Bay Window
  • Arched Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Electric Panel For Portable Power

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-01-000-0580

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,750

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: UNPLATTED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: Bar, Built-in Features, Entrance Foyer, Pantry, Volume Ceilings, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Other, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 7011
  • Other Equipment: Elec Panel for Portable Power, Whole House Permanent Generator, Automatic Garage Door Opener, Natural Gas
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Arched Windows, Bay Window(s), High Impact Windows
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Attic, Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Other, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Built-In Grill, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Features: In Ground, Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: UNPLATTED
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Other, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-01-000-0580
  • Lot Size Sq Ft: 50529
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 49750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Nov 16, 2021
Sold by
Ramirez Manuel J and Ramirez Lisa S
Bought by
Cadena Vidal and Durango Anick
Seller's Agent
Giovanna Gonzalez
Florida Realty of Miami Corp
Buyer's Agent
Giovanna Gonzalez
Florida Realty of Miami Corp
List Price
$5,750,000
Sold Price
$5,500,000
Premium/Discount to List
-$250,000
-4.35%
Current Estimated Value
$7,968,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,468,151
Avg. Annual Appreciation
10.05%
Original Mortgage
$2,000,000
Outstanding Balance
$1,834,395
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$6,034,281

Purchase Details

Listed on
Nov 20, 2013
Closed on
May 1, 2014
Sold by
Quinones Xavier J
Bought by
Ramirez Manuel J and Ramirez Lisa S
Seller's Agent
Sheryl DiCarlo
BHHS EWM Realty
Buyer's Agent
Jack Levine
Levine Realty, Inc.
List Price
$3,150,000
Sold Price
$3,050,000
Premium/Discount to List
-$100,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$2,135,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2004
Sold by
Palmira Development Llc
Bought by
Quinones Xavier J and Quinones Mary Ann Unanue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,500
Interest Rate
5.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2003
Sold by
Ali Oscar and Ali Grace L
Bought by
Palmira Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.01%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Gupta Ron Singh and Gupta Chitra
Bought by
Ali Oscar and Ali Grace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.87%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Cadena Vidal $5,500,000 Attorney
Ramirez Manuel J $3,050,000 Attorney
Quinones Xavier J $2,850,000 --
Palmira Development Llc $825,000 --
Ali Oscar $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadena Vidal $2,000,000
Previous Owner Ramirez Manuel J $2,065,000
Previous Owner Ramirez Manuel J $2,135,000
Previous Owner Quinones Xavier J $1,852,500
Previous Owner Palmira Development Llc $437,500
Previous Owner Ali Oscar $75,000
Previous Owner Ali Oscar $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $5,500,000 -1.8% $784 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $5,599,000 -2.6% $799 / Sq Ft
06/01/2021 06/01/21 For Sale $5,750,000 +88.5% $820 / Sq Ft
05/01/2014 05/01/14 Sold $3,050,000 -3.2% $400 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $3,150,000 -- $413 / 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 $91,099 $5,370,439 -- --
2024 $79,539 $5,219,086 -- --
2023 $79,539 $4,548,241 $0 $0
2022 $77,132 $4,415,768 $1,505,424 $2,910,344
2021 $50,305 $2,797,027 $0 $0
2020 $49,750 $2,758,410 $1,082,024 $1,676,386
2019 $51,226 $2,825,174 $1,129,068 $1,696,106
2018 $50,320 $2,844,893 $1,129,068 $1,715,825
2017 $50,131 $2,817,621 $0 $0
2016 $50,111 $2,759,668 $0 $0
2015 $50,751 $2,740,485 $0 $0
2014 $45,079 $2,385,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11050787

MIAMI REALTORS® MLS

APN: 20-5001-000-0580