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+44 photosLuxury home — 500 SW 39th Court · Floyd Gove Estate · Miami
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Open property magazine$1,500,000
500 SW 39th Court, Miami, FL 33134
Miami, FL, 33134
3 bd · 2 ba · 2,709 sqft
Listed by London Foster Realty
500 SW 39th Court, Miami, FL 33134
Listed by London Foster Realty
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Estimated monthly payment
$10,610/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $10,610/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesRare oversized 21,479 SF lot near Coral Gables in a well-established neighborhood with great schools. Existing 3BR/2BA ranch home (2,709 SF living) offers flexibility: live in it as-is, rent it, or plan new construction where nearby new homes sell for $1.8M and up. Possible to build on multiple lots subject to City of Miami approval (buyer to verify). Flood Zone X. Motivated seller, priced to move. Ideal for builders, developers, investors or end-users seeking land value and location.
Property Details
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Your costs (est.)
≈ $10,610/mo
500 SW 39th Court, Miami, FL 33134 · Miami
Location
500 SW 39th Court, Miami, FL 33134
What buyers ask about this home
What are the estimated monthly carrying costs at 500 SW 39th Court, Miami, FL 33134?+
Property tax (after sale): $2,168/month est.; homeowners insurance: $659/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $2,827/month est. Principal and interest: $7,783/month; PMI: $0/month. Total for the payment scenario shown: $10,610/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 500 SW 39th Court, Miami, FL 33134?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 500 SW 39th Court, Miami, FL 33134 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 500 SW 39th Court, Miami, FL 33134?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 500 SW 39th Court, Miami, FL 33134?+
This listing has been on the market 24 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coral Gables Senior High School
High school · 2.3 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
Crystal Academy Primary School Caps Intern
Pre-K & Kindergarten · Private · Grades K–12 · Coral Gables
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
Interested in this property?
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