For SaleNeutral Deal125 days on market

5620 SW 63rd Ct

5620 SW 63rd Ct, South Miami, FL 33143, South Miami, FL 33143
$1,845,000

Listing Price

Property image 1
5620 SW 63rd Ct, South Miami, FL 33143
Loc: South Miami, FL
Days Listed
125
Tax Assessed
$976k
Lot Size
0.28 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

South Miami K-8 Center

PK-8
0.6 mi away
3

South Miami Senior High School

9-12
0.5 mi away
7

South Miami Middle School

6-8
0.5 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1957Central, ElectricCentral Air, Electric1 Attached Garage space0.28 Acres125 Days$887

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.27%
Total ROI
95.2%
Cash Flow
$72/mo
DSCR
1.01
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $72/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.3%)
  • • Strong rental demand in South Miami
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-22Listed for sale$1,845,000$887
2024-06-28Sold$1,350,000$649
2024-05-16Pending sale$1,100,000$529
2024-05-06Listed for sale$1,100,000$529
1998-06-04Sold$142,500$69

Tax History

YearProperty TaxTax Assessment
2025$18,577.96$976,348
2024$3,390.93$217,032
2023$3,290.28$210,711
2022$3,176.37$204,574
2021$3,198.17$198,616
2020$3,153.92$195,874
2019$3,097.55$192,692
2018$2,953.71$189,100
2017$2,953.71$185,211
2016$2,863.16$181,402
2015$2,875.03$180,142
2014$2,913.86$178,713
2013$2,779.37$176,072
2012$2,779.37$173,129
2011$2,724.14$168,087
2010$2,878.02$165,603
2009$2,629.4$161,250
2007$2,804.61$131,398
2006$3,146.24$0
2005$3,146.24$0
2004$3,142.52$0
2003$2,909.62$0
2002$2,799.52$0
2001$2,799.52$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,079

Similar Properties Nearby

Explore other investment opportunities in South Miami.