8 days on rocket

5002 SW 86th St, Miami, FL, 33143

$8,750,000

6 Bedrooms
7 Full Baths, 1 Partial
5,908 SqFt
$1,481/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Covered, Driveway, Garage
Attached Garage3 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11698349
StatusActive

About 5002 SW 86th St

Discover this stunning, modernized Mediterranean oasis tucked away on nearly an acre of lush manicured grounds in the heart of the coveted Ponce-Davis neighborhood! Situated on a quiet street, this gated estate offers unparalleled privacy & seclusion. With 6 en-suite bedrooms & 7.5 bathrooms, this spacious retreat truly has it all. The gourmet chef's kitchen, complete with Thermador appliances & a spacious walk-in pantry, flows seamlessly into the main dining & living areas. The expansive primary suite wing features 3 walk-in closets, spa-like marble bathroom w/ 2 sinks & showers, & a terrace overlooking the lush grounds. Designed for the avid entertainer, the sprawling backyard boasts a heated pool & spa, as well as multiple covered entertaining spaces. This private oasis will not last!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2002
  • Stories: 2
  • Living Area: 5,908 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Liz Hogan

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Wood
  • Interior: Bidet, Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dual Sinks, Entrance Foyer, High Ceilings, Jetted Tub, Kitchen Island, Pantry, Separate Shower, Upper Level Primary, Walk-In Closet(s), Central Vacuum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Balcony, Security/High Impact Doors, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 5002 SW 86th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,750,000
  • Price Per SqFt: $1,481/SqFt

Tax Information:

  • Annual Amount: $48,316
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

5002 SW 86th St vs Miami

8 DAYS ON ROCKET

-52 Days

$8,750,000

+$8.1M More

$1,481/SqFt

+$1K More

KEY TAKEAWAY

This property is $8.1M more than the Median Sold Price and $1K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11698349

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Liz Hogan

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: 12/11/2024, 8:20:50 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$48,316$2,573,283
2018$49,294$2,734,296
2017$40,073$2,197,785

History based on county public records data.

Payment Calculator

$43.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.2K

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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.

Nearby Schools

school-card-donut-1818431
10
/10
  • Sunset Elementary School

  • 5120 Sunset Dr

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-1818432
10
/10
  • Pinecrest Elementary School

  • 10250 SW 57th Ave

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-1818433
10
/10
  • Somerset Academy Elementary School South Miami Campus

  • 5876 SW 68th St

  • 1.45 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $159,375. Typical income of Miami, FL residents is $200k+ annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5002 SW 86th St

What is the listing price of this property?

The listing price of 5002 SW 86th St property is $8,750,000.

What type of property is this?

The property 5002 SW 86th St is a house located in Miami, Florida, 33143.

Is this property for sale now?

Active Listing: 5002 SW 86th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $48,316 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5002 SW 86th St has 6 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 5002 SW 86th St is 5,908 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5002 SW 86th St is 2002.
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Rocket HomesFloridaMiami-Dade CountyMiami331435002 SW 86th St

This home is located at 5002 SW 86th St in Miami, FL and zip code 33143 in the West Cutler Area neighborhood. This 5,908 square foot home was built in 2002. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $8,750,000.

While more than 38 listings in Miami, FL in November 2024 were sold above asking price, there were more than 112 listings sold at asking price, and more than 445 were sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

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

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