What is the asking price and what does it include?

The list price for 7931 SW 59th Ave, South Miami FL 33143 is $1,950,000. The property is a Residential with — bedrooms, — bathrooms, approximately — square feet of living space, on a 0.29 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 7931 SW 59th Ave, South Miami FL 33143 in South Miami, 33143. Coordinates are approximately , . 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 South Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,950,000 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 7931 SW 59th Ave, South Miami FL 33143.

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.

7931 SW 59th Ave, South Miami FL 33143 | Miami-Dade County

Land/Boat Docks Active

7931 SW 59th Ave, South Miami FL 33143 | Miami-Dade County | A12029300

$1,950,000

Description

Prime opportunity to build a dream house in the heart of South Miami. Walk into town for your morning coffee or workout. Alternatively, walk to Fresh Market or the future Sprouts also a few blocks away. Close proximity to several parks and schools. This 12,800-square foot (100 x 128) lot house has a livable house that can be rented while you prepare your building plans. House is currently owner-occupied so please do not walk the lot without an appointment.

Address

Open on Google Maps

Address: 59th Ave
City: South Miami
State/county: Miami-Dade County
Zip/Postal Code: 33143
Area: DAVIS HIGHLANDS

Details

Updated on June 2, 2026 at 5:22 pm

Property ID A12029300
Price $1,950,000
Land Area 0.29 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName DAVIS HIGHLANDS
ContractStatusChangeDate 2026-06-02
CurrentUse Residential, Check Land Use Plan
DaysOnMarket 0
DevelopmentStatus Recorded Plat
DirectionFaces West
ExpirationDate 2027-06-02
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-793-4783
ListingTerms All Cash, Conventional
LotFeatures 1/4 To Less Than 1/2 Acre Lot, Above Ground Irrigation, Sprinklers
LotSizeSquareFeet 12800
MLSAreaMajor Davis Highlands
MajorChangeTimestamp June 2, 2026 at 05:54pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 2, 2026 at 05:54pm
OnMarketDate 2026-06-02
OriginalEntryTimestamp June 2, 2026 at 05:54pm
OriginalListPrice 1950000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 09-40-36-007-0070
PhotosCount 0
Possession Funding
PostalCode 33143
PostalCodePlus4 5513
PriceChangeTimestamp June 2, 2026 at 02:09pm
PublicSurveyRange 40
PublicSurveySection 36
PublicSurveyTownship 40
RoadSurfaceType Paved
ShowingContactType Agent
ShowingInstructions Call Listing Agent, See Broker Remarks
SourceSystemKey 503207374
StateOrProvince FL
StatusChangeTimestamp June 2, 2026 at 05:54pm
StreetDirPrefix SW
StreetName 59th Ave
StreetNumber 7931
StreetNumberNumeric 7931
StructureType Residential
SyndicationRemarks Prime opportunity to build a dream house in the heart of South Miami. Walk into town for your morning coffee or workout. Alternatively, walk to Fresh Market or the future Sprouts also a few blocks away. Close proximity to several parks and schools. This 12, 800-square foot (100 x 128) lot house has a livable house that can be rented while you prepare your building plans. House is currently owner-occupied so please do not walk the lot without an appointment.
TaxAnnualAmount 5305
TaxLegalDescription DAVIS HIGHLANDS PB 51-59 LOT 8 LOT SIZE 100.000 X 128 OR 17667-0838 0597 1
TaxYear 2025
Vegetation Other Trees
Zoning 0800