What is the asking price and what does it include?

The list price for 20600 SW 118th Pl, Miami FL 33177 is $560,000. The property is a Single Family Residence with 4 bedrooms, 2.5 bathrooms, approximately 2477 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 20600 SW 118th Pl, Miami FL 33177 in Miami, 33177. Coordinates are approximately 25.5754136, -80.3845959. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 560,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 20600 SW 118th Pl, Miami FL 33177.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

20600 SW 118th Pl, Miami FL 33177 | Miami-Dade County

Sat
08
Aug

Sun
09
Aug

Mon
10
Aug

Tue
11
Aug

Wed
12
Aug

Thu
13
Aug

Fri
14
Aug

Sat
15
Aug

Sun
16
Aug

Mon
17
Aug

Tue
18
Aug

Wed
19
Aug

Thu
20
Aug

Fri
21
Aug

Sat
22
Aug

20600 SW 118th Pl, Miami FL 33177 | Miami-Dade County | A12030454

Description

Monthly Fees & Carrying Costs

Have a question about this Miami listing?

Address

Details

Additional details

Features

Mortgage Calculator

Schedule a Tour

Contact Information

Enquire About This Property

0 Review

Leave a Review

Similar Listings

260 Cape Florida Dr, Key Biscayne FL 33149 | Miami-Dade County | A12030642

10345 NW 35th Ct, Miami FL 33147 | Miami-Dade County | A12028568

3945 Loquat Ave, Miami FL 33133 | Miami-Dade County | A12031582

3511 SW 145th Ave, Miramar FL 33027 | Broward County | A12031571

Address

E-mail

Phone