For SaleNeutral Deal359 days on market

6420 SW 63rd Ter

6420 SW 63rd Ter, South Miami, FL 33143, South Miami, FL 33143
$2,595,000

Listing Price

Property image 1
6420 SW 63rd Ter, South Miami, FL 33143
Loc: South Miami, FL
Days Listed
359
Tax Assessed
$993k
Lot Size
10,000 sqft
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
0.5 mi away
3

South Miami Senior High School

9-12
0.7 mi away
7

South Miami Middle School

6-8
0.4 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 Residence1956CentralCeiling Fan(s), Central Air1 Attached Garage space10,000 sqft359 Days$1,201

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.42%
Total ROI
98.3%
Cash Flow
$412/mo
DSCR
1.03
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $412/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.4%)
  • • 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
2025-09-30Listed for sale$2,595,000$1,201
2025-09-30Listing removed$2,595,000$1,201
2025-03-17Listed for sale$2,595,000$1,201
2016-07-29Sold$650,000$301
2009-10-08Listing removed$529,000$245
2009-09-25Listed for sale$529,000$245
2008-09-22Sold$335,000$155
2008-07-08Sold$5,000$2
2006-10-04Sold$600,000$278

Tax History

YearProperty TaxTax Assessment
2025$11,270.46$632,920
2024$10,949.81$615,083
2023$10,669.69$597,168
2022$10,355.54$579,775
2021$10,475.35$562,889
2020$9,756.56$525,532
2019$9,840.89$528,565
2018$9,557.83$525,425
2017$9,557.83$514,619
2016$9,412.59$193,066
2015$2,756.06$174,374
2014$2,793.19$172,991
2013$2,663.27$170,435
2012$2,663.27$167,587
2011$2,903.41$176,474
2010$3,141.67$177,011
2009$3,043.56$180,216
2007$5,962.32$279,340
2006$4,797.09$0
2005$4,797.09$0
2004$1,663.32$0
2003$1,527.4$0
2002$2,209.74$0
2001$2,209.74$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,160

Similar Properties Nearby

Explore other investment opportunities in South Miami.