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+66 photosGated community home — 6731 SW 88th Terrace · Swan Lake · Pinecrest
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Open property magazine$1,725,000
6731 SW 88th Terrace, Pinecrest, FL 33156
Pinecrest, FL, 33156
3 bd · 3 ba · 2,944 sqft
Listed by Compass Florida, LLC
6731 SW 88th Terrace, Pinecrest, FL 33156
Listed by Compass Florida, LLC
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Estimated monthly payment
$12,671/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 $12,671/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 homesRarely available end-unit villa situated on an oversized lot in the desirable Swan Lake, a 24-hour manned, gated community with 24/7 security and association approval required. Offering over 3,000 sq. ft. of spacious living, this residence features 3 bedrooms and 3 bathrooms, including a first-floor bedroom, plus additional flex space that can easily be converted into a fourth bedroom. The expansive living and dining areas feature volume ceilings and abundant natural light. Additional features include plantation shutters, real hardwood floors, strand-woven bamboo flooring, impact windows and doors, hurricane shutters for added protection, and an elevator. The kitchen showcases custom cabinetry, stainless steel appliances, a gourmet range hood, and quartz countertops with a waterfall edge. The spacious primary bathroom offers a freestanding tub, separate shower, dual vanities, and a private water closet. HOA maintenance includes windstorm insurance and roof replacement. Enjoy the convenience of a new park located directly across the street, soon to open. Ideally located near Dadeland Mall, Dadeland Station, shopping, dining, and major roadways, with easy access to US-1, Pinecrest, and South Miami. A wonderful opportunity to enjoy spacious living in a sought-after gated community!
Property Details
Your costs (est.)
≈ $12,671/mo
6731 SW 88th Terrace, Pinecrest, FL 33156 · Pinecrest
Location
6731 SW 88th Terrace, Pinecrest, FL 33156
What buyers ask about this home
What are the estimated monthly carrying costs at 6731 SW 88th Terrace, Pinecrest, FL 33156?+
Property tax (after sale): $1,676/month est.; homeowners insurance: $0/month est.; HOA: $2,045/month. Fixed ownership costs before a mortgage: $3,721/month est. Principal and interest: $8,951/month; PMI: $0/month. Total for the payment scenario shown: $12,671/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 6731 SW 88th Terrace, Pinecrest, FL 33156?+
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 6731 SW 88th Terrace, Pinecrest, FL 33156 need flood insurance, and what drives the premium?+
Most of Pinecrest 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 I check about the association before buying 6731 SW 88th Terrace, Pinecrest, FL 33156?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 6731 SW 88th Terrace, Pinecrest, FL 33156 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Pinecrest luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 6731 SW 88th Terrace, Pinecrest, FL 33156?+
This listing has been on the market 2 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 Pinecrest, 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
Miami Palmetto Senior High School
High school · 2.1 mi from this home · 7431 Sw 120Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Thomas Episcopal Parish School
Elementary · Private · Catholic · Grades PK–5 · Coral Gables
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
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?
$1,725,000 · MLS A12121893
$1,725,000
6731 SW 88th Terrace
