Welcome to this 3-bed, 2-bath home in a prime South Miami location on a spacious 10,575 SqFt lot. The property features a living/dining area, a large family room with a built-in fireplace and access to a generous screened porch, and a kitchen with stainless steel appliances and granite countertops. Hardwood flooring is found in the living area and bedrooms. The home also includes a versatile, air-conditioned detached building, perfect for use as a garage or office. Enjoy a huge backyard with fruit trees and plenty room for a pool. Conveniently located, this property offers close proximity to parks, a variety of shops and restaurants, malls, a golf course, schools, and University of Miami.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,894
Per Month
Principal & Interest
$4,827
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
$2,966
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
8
/10
David Fairchild Elementary School
5757 SW 45th St
Distance between this listing and this school0.88 miles
Public District Grades PK-5
7
/10
South Miami K-8 Center
6800 SW 60th St
Distance between this listing and this school0.90 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 school1.47 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
South Miami Middle School
6750 SW 60th St
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
10
/10
Somerset Academy Charter Middle School South Miami Campus
5876 SW 68th St
Distance between this listing and this school1.47 miles
Public Charter Grades 6-8
10
/10
Henry S. West Laboratory School
5300 Carillo St
Distance between this listing and this school1.72 miles
Public Magnet Grades KG-8
Nearby Schools
4
/10
South Miami Senior High School
6856 SW 53rd St
Distance between this listing and this school0.48 miles
Public Magnet Grades 9-12
9
/10
International Studies Preparatory Academy
1570 Madruga Ave
Distance between this listing and this school1.69 miles
Public Magnet Grades 9-12
6
/10
Southwest Miami Senior High School
8855 SW 50th Ter
Distance between this listing and this school2.38 miles
The neighbors living near this home have an average income of $56,905. Typical income of Miami, FL residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6515 SW 48th St
What is the listing price of this property?
The listing price of 6515 SW 48th St property is $967,000.
What type of property is this?
The property 6515 SW 48th St is a house located in Miami, Florida, 33155.
Is this property for sale now?
Active Listing: 6515 SW 48th 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 $7,671 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6515 SW 48th St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 6515 SW 48th St is 1,622 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6515 SW 48th St is 1955.
This home is located at 6515 SW 48th St in Miami, FL and zip code 33155 in the West South Miami neighborhood. This 1,622 square foot home was built in 1955. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $967,000.
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. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.