2 months on rocket

8701 SW 20th Ter, Miami, FL, 33165

$640,000

Home List Price

$7,600*

Closing Credit

3 Bedrooms
2 Full Baths
1,515 SqFt
$422/SqFt
House

Location

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8701 SW 20th Ter, Miami$640,000

Buyer Closing Credits

$7,600*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1959
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewOther
MLS #A11661045
StatusActive

About 8701 SW 20th Ter

Exceptional Opportunity in Prime Miami Location! Nestled in one of Miami’s most sought-after neighborhoods, this charming 1,515-square-foot single-family home offers immense potential. Boasting 3 spacious bedrooms and 2 full bathrooms, this property is perfect for those looking to make it their own or for savvy investors seeking a gem in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,515 SqFt

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Servando Raya

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring Type: Carpet
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence, Other

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 8701 SW 20th Ter
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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $640,000
  • Price Per SqFt: $422/SqFt

Tax Information:

  • Annual Amount: $4,179
  • Tax Year: 2020
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Housing Market Comparison

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

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

8701 SW 20th Ter vs Miami

61 DAYS ON ROCKET

+1 Day

$640,000

+$79.5K More

$422/SqFt

+$32 More

KEY TAKEAWAY

This property is $79.5K more than the Median Sold Price and $32/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: #A11661045

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Servando Raya

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: 11/18/2024, 4:20:49 AM 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$4,179$245,678
2018$3,899$235,678
2017$3,862$230,831

History based on county public records data.

Payment Calculator

$3,262

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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-696360
6
/10

  • Everglades K-8 Center

  • 8375 SW 16th St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-696361
8
/10

  • Banyan Elementary School

  • 3060 SW 85th Ave

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-696362
9
/10

  • Rockway Elementary School

  • 2790 SW 93rd Ct

  • 0.79 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,589. Most Miami, FL residents have annual incomes between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8701 SW 20th Ter

What is the listing price of this property?

The listing price of 8701 SW 20th Ter property is $640,000.

What type of property is this?

The property 8701 SW 20th Ter is a house located in Miami, Florida, 33165.

Is this property for sale now?

Active Listing: 8701 SW 20th Ter 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 $4,179 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8701 SW 20th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8701 SW 20th Ter is 1,515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8701 SW 20th Ter is 1959.

Rocket Homes›Florida›Miami-Dade County›Miami›33165›8701 SW 20th Ter

This home is located at 8701 SW 20th Ter in Miami, FL and zip code 33165 in the Westchester neighborhood. This 1,515 square foot home was built in 1959. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $640,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.

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

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