For SaleRisky Deal74 days on market

6001 SW 70th St APT 502

6001 SW 70th St APT 502, South Miami, FL 33143, South Miami, FL 33143
$345,000

Listing Price

Property image 1
6001 SW 70th St APT 502, South Miami, FL 33143
Loc: South Miami, FL
Days Listed
74
Tax Assessed
$291k
Type
condo

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.

8

Ludlam Elementary School

PK-5
0.6 mi away
7

South Miami Middle School

6-8
0.9 mi away
3

South Miami Senior High School

9-12
1.3 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

Condominium2004CentralCeiling Fan(s), Central Air1 Garage space$492 monthly74 Days$410

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.96%
Total ROI
88.5%
Cash Flow
$-75/mo
DSCR
0.96
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-75/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.0%)
  • • 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
2026-07-12Listed for sale$345,000$410
2023-06-10Listing removed$0–
2023-05-18Listed for rent$2,500$3
2023-05-17Listing removed$0–
2023-05-08Listed for rent$2,500$3
2021-06-28Listing removed$0–
2021-05-28Listed for rent$1,850$2
2020-05-13Listing removed$1,850$2
2020-04-20Price change$1,850$2
2020-03-17Listed for rent$1,700$2
2019-07-11Listing removed$1,850$2
2019-05-09Listed for rent$1,850$2
2018-03-07Listing removed$1,700$2
2018-01-24Price change$1,700$2
2017-10-10Listed for rent$1,850$2
2017-07-13Listing removed$1,950$2
2017-07-08Price change$1,950$2
2017-05-03Listed for rent$2,000$2
2015-06-25Listing removed$1,850$2
2015-06-17Listed for rent$1,850$2
2012-04-11Listing removed$1,550$2
2012-01-06Price change$1,550$2
2011-10-14Price change$1,500$2
2011-09-28Price change$1,550$2
2011-08-15Listed for rent$1,600$2
2011-08-04Sold$135,000$160
2008-08-20Sold$180,000$214
2006-05-31Sold$264,900$315

Tax History

YearProperty TaxTax Assessment
2025$5,214.73$265,493
2024$4,978.81$241,358
2023$4,506.92$219,417
2022$3,826.49$199,470
2021$3,665.64$183,000
2020$3,675.05$183,000
2019$3,683.9$183,000
2018$3,508.28$177,730
2017$3,508.28$161,573
2016$3,212.47$164,608
2015$3,136.27$149,644
2014$3,029.07$136,040
2013$2,355.29$123,673
2012$2,355.29$112,430
2011$2,403.11$112,430
2010$2,824.51$122,210
2009$3,336.04$152,760
2007$4,866.5$228,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
842

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