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+22 photosLuxury home — 508 NE 67th Street · Morningside Amd · Miami
$495,000
508 NE 67th Street, Miami, FL 33138
Miami, FL, 33138
— bd · — ba · — sqft
Listed by Lokation
508 NE 67th Street, Miami, FL 33138
Listed by Lokation
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPalm Grove Historic District: Build-Ready Lot. 6,000 SF (50' x 120') lot zoned T3-L with no HOA restrictions. South-facing on a quiet, tree-canopied street. Ideal for a custom single-family residence, with potential for an accessory guest unit (subject to approval). Steps from Morningside K-8 and minutes to Biscayne Blvd and the Design District. Historic Board approval required for new construction. A rare opportunity for builders and investors to create something enduring in one of Miami’s most architecturally distinguished neighborhoods.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
171 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
508 NE 67th Street, Miami, FL 33138 · Miami
Location
508 NE 67th Street, Miami, FL 33138
What buyers ask about this home
What are the estimated monthly carrying costs at 508 NE 67th Street, Miami, FL 33138?+
Property tax (after sale): $585/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 508 NE 67th Street, Miami, FL 33138?+
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 508 NE 67th Street, Miami, FL 33138 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 508 NE 67th Street, Miami, FL 33138?+
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, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 508 NE 67th Street, Miami, FL 33138?+
This listing has been on the market 171 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
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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