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+7 photosLuxury home — 6200 SW 78th Street · Oak Heights · South Miami
$1,999,999
6200 SW 78th Street, South Miami, FL 33143
South Miami, FL, 33143
— bd · — ba · — sqft
Listed by Compass Florida, LLC
6200 SW 78th Street, South Miami, FL 33143
Listed by Compass Florida, LLC
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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 homesRARE SOUTH MIAMI DEVELOPMENT OPPORTUNITY. Prime oversized corner lot in one of South Miami’s most desirable residential neighborhoods. An exceptional opportunity for a builder, developer, investor, or end user to create a luxury custom residence. Surrounded by high-end homes and new construction, the property is being offered primarily for LAND VALUE and redevelopment potential. Excellent location just minutes from Coral Gables, University of Miami, top schools, shopping and dining. SURVEY AVAILABLE. Existing structure sold AS-IS. Bring your architect, builder and vision.
Property Details
Your costs (est.)
6200 SW 78th Street, South Miami, FL 33143 · South Miami
Location
6200 SW 78th Street, South Miami, FL 33143
What buyers ask about this home
What are the estimated monthly carrying costs at 6200 SW 78th Street, South Miami, FL 33143?+
Property tax (after sale): $1,819/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 6200 SW 78th Street, South Miami, FL 33143?+
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 6200 SW 78th Street, South Miami, FL 33143 need flood insurance, and what drives the premium?+
Most of South 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 6200 SW 78th Street, South Miami, FL 33143?+
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 6200 SW 78th Street, South Miami, FL 33143?+
This listing has been on the market 60 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
Located in South Miami, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
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
South Miami Middle School
Middle school · 1.3 mi from this home · 6750 Sw 60Th St, South Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
ST. Thomas Episcopal Parish School
Elementary · Private · Catholic · Grades PK–5 · Coral Gables
ST. Thomas The Apostle Catholic School
Elementary · Private · Catholic · Grades PK–8 · South Miami
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–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
Interested in this property?
$1,999,999 · MLS A12088908
$1,999,999
6200 SW 78th Street
6200 SW 78th Street, South Miami, FL 33143
Listed by Compass Florida, LLC
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