2 months on rocket

5959 SW 71st St Unit 616, South Miami, FL, 33143

$726,750

Home List Price

$8,630*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
765 SqFt
$950/SqFt
Condo

Location

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5959 SW 71st St Unit 616, South Miami$726,750

Buyer Closing Credits

$8,630*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, One Space
Garage1 space
Year Built2026
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewOther
MLS #A11643297
StatusActive

About 5959 SW 71st St Unit 616

Discover Somi Walk Residences, Alta Development's latest project at 5959 SW 71st Street. This exclusive South Miami address offers junior suites, 1 bedroom 1 bathroom, 1bedroom 1.5 bathrooms plus den, & 2-bedroom 2 bathroom residences. Enjoy resort-style amenities including an elegant lobby with 24hr concierge, heated pool, indoor pickleball courts, pet spa, a wellness center, business center with coworking stations, state of the art gym /yoga room, sauna, club room, bike storages and more. Somi Walk residences combine luxury with modern living in a vibrant community, minutes to downtown South Miami, University of Miami, Coral Gables, Coconut Grove, Pinecrest and steps to the metrorail. Reserve your unit today with only 10%. Completion anticipated by end of 2026. No rental restrictions.

Property Details

Property Features

Property Information:

  • Year Built: 2026
  • Living Area: 765 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6060
  • Listing Agent: Mario Chirino

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, Closet Cabinetry, Eat-in Kitchen, Kitchen Island, Main Living Area Entry Level, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Covered, One Space

Virtual/3D Tour

  • Virtual Tour: 5959 SW 71st St Unit 616
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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $726,750
  • Price Per SqFt: $950/SqFt

HOA Fees:

  • Amount: $926
  • Frequency: Monthly
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Housing Market Comparison

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

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South Miami, FL

City

Med. Sold Price

$999.5K

Med. Price/SqFt

$622

Avg. Days On Market

55

# of Sold Homes

9

5959 SW 71st St Unit 616 vs South Miami

89 DAYS ON ROCKET

+34 Days

$726,750

-$272.7K Less

$950/SqFt

+$327 More

KEY TAKEAWAY

This property is $272.7K less than the Median Sold Price and $327/SqFt more than other homes in South Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11643297

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6060
  • Listing Agent: Mario Chirino

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: 11/15/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,621

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,245

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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.

Nearby Schools

school-card-donut-268628
10
/10

  • Somerset Academy Elementary School South Miami Campus

  • 5876 SW 68th St

  • 0.18 miles

  • Public Charter Grades KG-5

school-card-donut-268629
8
/10

  • Ludlam Elementary School

  • 6639 SW 74th St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-268630
10
/10

  • Sunset Elementary School

  • 5120 Sunset Dr

  • 0.93 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,899. Typical income of South Miami, FL residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5959 SW 71st St Unit 616

What is the listing price of this property?

The listing price of 5959 SW 71st St Unit 616 property is $726,750.

What type of property is this?

The property 5959 SW 71st St Unit 616 is a condo located in South Miami, Florida, 33143.

Is this property for sale now?

Active Listing: 5959 SW 71st St Unit 616 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5959 SW 71st St Unit 616 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5959 SW 71st St Unit 616 is 765 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5959 SW 71st St Unit 616 is 2026.

Rocket Homes›Florida›Miami-Dade County›South Miami›33143›5959 SW 71st St Unit 616

This home is located at 5959 SW 71st St Unit 616 in South Miami, FL and zip code 33143 in the East South Miami neighborhood. This 765 square foot home was built in 2026. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $726,750.

Over 1 listings were sold over their listed price in October 2024 in South Miami, FL. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. In October 2024 in South Miami, FL there were 7.6% more homes for sale than in September 2024. Listings spent 55 days on the market in October 2024, and had a median list price of $999,500 during the same period.

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

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