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+45 photosGated community home — 7030 SW 72nd Street · Sunswept Groves · Miami
South Florida Luxury Living
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Open property magazine$3,975,000
7030 SW 72nd Street, Miami, FL 33143
Miami, FL, 33143
5 bd · 5 ba · 3,286 sqft
Listed by The Keyes Company
7030 SW 72nd Street, Miami, FL 33143
Listed by The Keyes Company
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Estimated monthly payment
$25,420/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 $25,420/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 homesNestled along prestigious Sunset Drive, this exceptional 1.08-acre gated estate presents a rare opportunity to create a truly extraordinary residence in one of Miami's most sought-after neighborhoods. The existing home offers a total of 5 bedrooms and 4.5 bathrooms, featuring a thoughtfully designed split floor plan with 4 bedrooms and 3.5 bathrooms in the main residence, plus a private in-law suite complete with an additional bedroom and full bathroom. Whether you choose to renovate, expand, or reimagine the property as a custom Luxury Estate, this remarkable homesite provides an exceptional foundation for your vision. Spanning more than an acre, the property boasts generous frontage, exceptional privacy, and endless possibilities for creating a world-class estate. Envision expansive indoor and outdoor living spaces, a resort-style pool, guest accommodations, lush tropical landscaping, and ample room for recreational amenities such as a tennis or pickleball court, subject to buyer verification of zoning, permitting, and building requirements. Adding to its appeal, the property is not subject to an HOA, providing greater flexibility & freedom for future improvements. Ideally located just minutes from Dadeland Mall,Downtown South Miami, Coral Gables, the University of Miami, premier public and private schools, fine dining, upscale shopping, and major transportation corridors including SR-826 and US-1, this property offers the perfect balance of privacy, convenience & prestige.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 6%
The seller has come down from $4,250,000 to $3,975,000 — a $275,000 reduction since it came on the market.
121 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
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Your costs (est.)
≈ $25,420/mo
7030 SW 72nd Street, Miami, FL 33143 · Miami
Location
7030 SW 72nd Street, Miami, FL 33143
What buyers ask about this home
What are the estimated monthly carrying costs at 7030 SW 72nd Street, Miami, FL 33143?+
Property tax (after sale): $3,616/month est.; homeowners insurance: $1,179/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $4,795/month est. Principal and interest: $20,625/month; PMI: $0/month. Total for the payment scenario shown: $25,420/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 7030 SW 72nd Street, 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 7030 SW 72nd Street, Miami, FL 33143 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 7030 SW 72nd Street, 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 (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.
What extra costs come with the pool at 7030 SW 72nd Street, Miami, FL 33143?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 7030 SW 72nd Street, Miami, FL 33143?+
This listing has been on the market 121 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
South Miami Middle School
Middle school · 0.8 mi from this home · 6750 Sw 60Th St, South Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Thomas The Apostle Catholic School
Elementary · Private · Catholic · Grades PK–8 · South Miami
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
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.
The home, in a magazine
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Simon Gedz
Realtor® since 1995
Interested in this property?
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