Seize a rare opportunity to own a prime piece of real estate in one of the most desirable neighborhoods! This spacious 4-bed, 3-bath pool home sits on an expansive 14,400 sqft lot on 80th Street, ideally located across from High Pines & just minutes from the prestigious Ponce Davis area. With endless potential, this property is perfect for anyone looking to live in, renovate, or build new. Surrounded by multi-million dollar homes, this address offers incredible value & exclusivity. For developers or investors, the home’s strong rental appeal provides an ideal setup for income while you design your dream home & complete permitting. This lot offers the flexibility to create a custom estate in a highly sought-after community with top schools, dining, & easy access to shopping & entertainment
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,662
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Sunset Elementary School
5120 Sunset Dr
Distance between this listing and this school0.67 miles
Public Magnet Grades PK-5
10
/10
Somerset Academy Elementary School South Miami Campus
5876 SW 68th St
Distance between this listing and this school0.85 miles
Public Charter Grades KG-5
8
/10
Ludlam Elementary School
6639 SW 74th St
Distance between this listing and this school1.17 miles
Public District Grades PK-5
Nearby Schools
10
/10
Somerset Academy Charter Middle School South Miami Campus
5876 SW 68th St
Distance between this listing and this school0.85 miles
Public Charter Grades 6-8
6
/10
Ponce De Leon Middle School
5801 Augusto St
Distance between this listing and this school1.51 miles
Public Magnet Grades 6-8
7
/10
South Miami Middle School
6750 SW 60th St
Distance between this listing and this school1.76 miles
Public Magnet Grades 6-8
Nearby Schools
9
/10
International Studies Preparatory Academy
1570 Madruga Ave
Distance between this listing and this school0.72 miles
Public Magnet Grades 9-12
4
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school2.14 miles
Public Magnet Grades 9-12
5
/10
Coral Gables Senior High School
450 Bird Rd
Distance between this listing and this school2.82 miles
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. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5500 SW 80th St
What is the listing price of this property?
The listing price of 5500 SW 80th St property is $2,199,999.
What type of property is this?
The property 5500 SW 80th St is land located in Miami, Florida, 33143.
Is this property for sale now?
Active Listing: 5500 SW 80th 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 $10,887 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5500 SW 80th St in Miami, FL and zip code 33143 in the West Cutler Area neighborhood. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $2,199,999.
Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 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.
Skiing/snowboarding
Skiing/snowboarding
Men's Tennis
Nordstrom
Bloomingdales
Brooks Brothers
California Pizza Kitchen
Bonefish Grill
Qdoba
BMW
Lexus
Acura
Talk/Personality
News
Sports