new - 2 days on rocket

7240 SW 109th Ter, Pinecrest, FL, 33156

$1,625,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,337 SqFt
$695/SqFt
House

Location

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7240 SW 109th Ter, Pinecrest$1,625,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage, On Street, Garage Door Opener
Attached Garage2 spaces
Year Built1967
HeatingCentral
CoolingCentral Air
WaterfrontCanal
ViewCanal, Other
MLS #A11672711
StatusActive

About 7240 SW 109th Ter

Discover the opportunity to own this exquisite one-story lakefront home in the highly sought-after Village of Pinecrest. This residence boasts elegant curb appeal and impact glass throughout and features a durable concrete tile roof that is just eight years old. Situated on a serene double-wide canal and nestled on over 15,000 square feet of lush tropical landscaping, this property offers the perfect canvas to customize to your style. Screened in a swimming pool area ideal for exercise and cooling off in Miami's sun. With an updated electrical panel and a spacious two-car garage, this home is practical and inviting. Just a few blocks from top-rated Pinecrest schools, this location is perfect for families seeking beauty and convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1967
  • Stories: 1
  • Living Area: 2,337 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 503-5275
  • Listing Agent: Jill Penman

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Other, Terrazzo, Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Custom Mirrors, Main Level Primary, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Canal
  • View: Canal, Other
  • Exterior: Enclosed Porch, Security/High Impact Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage, On Street, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 7240 SW 109th Ter
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Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Palmetto Middle School, Public District Grades 6-8
  • Palmetto Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
  • Price Per SqFt: $695/SqFt

Tax Information:

  • Annual Amount: $5,880
  • Tax Year: 2020
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Housing Market Comparison

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

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Pinecrest, FL

City

Med. Sold Price

$2.0M

Med. Price/SqFt

$753

Avg. Days On Market

89

# of Sold Homes

11

7240 SW 109th Ter vs Pinecrest

2 DAYS ON ROCKET

-87 Days

$1,625,000

-$450K Less

$695/SqFt

-$59 Less

KEY TAKEAWAY

This property is $450K less than the Median Sold Price and $59/SqFt less than other homes in Pinecrest, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11672711

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 503-5275
  • Listing Agent: Jill Penman

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: 10/31/2024, 11:20:48 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$5,880$331,831
2018$5,511$318,323
2017$5,320$311,776

History based on county public records data.

Payment Calculator

$8,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

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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-897694
10
/10

  • Palmetto Elementary School

  • 12401 SW 74th Ave

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-897695
7
/10

  • Palmetto Middle School

  • 7351 SW 128th St

  • 1.04 miles

  • Public District Grades 6-8

High School

school-card-donut-897696
6
/10

  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 0.67 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 $121,607. The majority of Pinecrest, FL residents have income $200k+ annually. Residents typically live in married, with kids family. 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 7240 SW 109th Ter

What is the listing price of this property?

The listing price of 7240 SW 109th Ter property is $1,625,000.

What type of property is this?

The property 7240 SW 109th Ter is a house located in Pinecrest, Florida, 33156.

Is this property for sale now?

Active Listing: 7240 SW 109th 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 7240 SW 109th Ter are:
Palmetto Elementary School: GreatSchools Rating 10/10
Palmetto Middle School: GreatSchools Rating 7/10
Miami Palmetto 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 $5,880 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7240 SW 109th Ter has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7240 SW 109th Ter is 2,337 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7240 SW 109th Ter is 1967.

Rocket Homes›Florida›Miami-Dade County›Pinecrest›33156›7240 SW 109th Ter

This home is located at 7240 SW 109th Ter in Pinecrest, FL and zip code 33156 in the East Kendall neighborhood. This 2,337 square foot home was built in 1967. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $1,625,000.

Pinecrest, FL housing market in September 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 9 sold below. The number of listings in Pinecrest, FL increased by 4.9% between August 2024 and September 2024. In September 2024 median list price was $2,075,000 and the average listing age was 89 days.

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

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