15 days on rocket

8840 SW 50th Ter, Miami, FL, 33165

$840,000

Home List Price

$9,975*

Closing Credit

6 Bedrooms
5 Full Baths
2,393 SqFt
$351/SqFt
House
Schools Nearby

Location

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8840 SW 50th Ter, Miami$840,000

Buyer Closing Credits

$9,975*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1960
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11568413
StatusActive

About 8840 SW 50th Ter

Large and spacious home in fantastic location. Cash, hard money or no financing contingency only. Property currently rented. Do not go to property without appointment. Please see broker remarks prior to making contact. Great property with lots of potential. Beautiful, large open kitchen Tiled thruout, updated modern bathrooms. Central air, Closet organizers. Needs roof repairs and property divided into efficiences. Flagged by County and needs to be legalized to single family residency or other as buyer sees fit. See attachments for more info. Per tax records 4/3 with 2600+sqft of living space. No additional sqft has been added to property.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,393 SqFt

Listing Office:

  • Office Name: SRJ Group, LLC
  • Office Phone: (786) 208-6562
  • Listing Agent: Janet Prieto

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Split Bedrooms, Attic

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Lighting

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 8840 SW 50th Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Southwest Miami Senior High School, Public Magnet Grades 9-12
  • Glades Middle School, Public District Grades 6-8
  • Blue Lakes Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $840,000
  • Price Per SqFt: $351/SqFt

Tax Information:

  • Annual Amount: $5,363
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Map thumbnail provided by MapBox

Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

8840 SW 50th Ter vs Miami

15 DAYS ON ROCKET

-41 Days

$840,000

+$293.8K More

$351/SqFt

-$32 Less

KEY TAKEAWAY

This property is $293.8K more than the Median Sold Price and $32/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11568413

Listing Office:

  • Office Name: SRJ Group, LLC
  • Office Phone: (786) 208-6562
  • Listing Agent: Janet Prieto

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 3:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,363$314,490
2018$5,128$308,008
2017$5,583$290,784

History based on county public records data.

Payment Calculator

$4,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-665544
8
/10

  • Blue Lakes Elementary School

  • 9250 SW 52nd Ter

  • 0.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-665545
6
/10

  • Glades Middle School

  • 9451 SW 64th St

  • 1.00 miles

  • Public District Grades 6-8

High School

school-card-donut-665546
6
/10

  • Southwest Miami Senior High School

  • 8855 SW 50th Ter

  • 0.04 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,481. Typical income of Miami, FL residents is between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8840 SW 50th Ter

What is the listing price of this property?

The listing price of 8840 SW 50th Ter property is $840,000.

What type of property is this?

The property 8840 SW 50th Ter is a house located in Miami, Florida, 33165.

Is this property for sale now?

Active Listing: 8840 SW 50th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8840 SW 50th Ter are:
Blue Lakes Elementary School: GreatSchools Rating 8/10
Glades Middle School: GreatSchools Rating 6/10
Southwest Miami Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,363 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8840 SW 50th Ter has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8840 SW 50th Ter is 2,393 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8840 SW 50th Ter is 1960.

Rocket Homes›Florida›Miami-Dade County›Miami›33165›8840 SW 50th Ter

This home is located at 8840 SW 50th Ter in Miami, FL and zip code 33165 in the Westwood Lakes neighborhood. This 2,393 square foot home was built in 1960. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $840,000.

Miami, FL housing market in April 2024 saw over 120 listings sold above listed price, more than 157 sold at listed price and over 608 sold below. The number of homes for sale in Miami, FL increased by 7.2% between March 2024 and April 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $546,178 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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