6580 SW 69th Ave

Glenvar Heights, Miami, FL · 1 days on market · View on Zillow

6580 SW 69th Ave

$14M somewhere else buys…

6 bedrooms · 9 baths · 7,958 sqft · 39,683 sqft lot

Built 2024 · 2 Attached Garage spaces · Pool · $1728/sqft (city median $425)

Nestled within lush, mature landscaping that creates the feeling of a private estate far larger than an acre, this newly completed 2024 Carolina-inspired residence offers an exceptional retreat in the heart of South Miami.

What this place offers

  • Private pool
  • Heating: Central
  • Cooling: Central Air
  • 2 Attached Garage spaces
  • Garage
  • Top school rating 7/10 nearby

The numbers

$253K/yr

Property tax (actual rate)

$50K/yr

Insurance (quoted)

Price history

2020$980,000
2022$1,500,000
2024$7,300,000
2026 (asking)$13,750,000

Up 1303% since 2020

$13,750,000

Down payment20% · $2,750,000
%
Mortgage (principal + interest)$68,806
Property tax$21,083
Home insurance$4,125
All-in monthly$94,014/mo

You'd need about $4,029,171/yr in household income (28% rule) plus $2,750,000 in cash.

Would rent for ~$68,750/mo · 6.0% gross yield

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