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+27 photosLuxury home — 7107 SW 63rd Avenue · Royal Palm Villas · South Miami

































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Open property magazine$2,545,000
7107 SW 63rd Avenue, South Miami, FL 33143
South Miami, FL, 33143
4 bd · 4 ba · 2,651 sqft
Listed by Compass Florida, LLC
7107 SW 63rd Avenue, South Miami, FL 33143
Listed by Compass Florida, LLC
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Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Estimated monthly payment
$16,042/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 $16,042/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 homesMasterfully rebuilt in 2026, full gut, remodeled and expanded. New roof, plumbing, electrical, A/C, Septic tank, pool, high impact windows, etc. Exceptional 4-bedroom, 3.5-bath residence offers timeless design, refined finishes, and effortless indoor-outdoor living in one of South Miami's most desirable neighborhoods. Charming front porch and circular driveway welcome you into light-filled interiors featuring soaring ceilings, oversized porcelain tile, rich hardwood floors, plantation shutters throughout, and an open-concept layout ideal for entertaining.The designer kitchen showcases quartz countertops, custom wood cabinetry, integrated and premium stainless steel appliances, a statement range hood, wine cooler, and a generous island overlooking the living and dining areas.The serene primary suite features two custom walk-in closets, direct pool access, and a spa-inspired marble bath with dual vanities, soaking tub, and oversized glass-enclosed shower. Three additional bedrooms include one en-suite, while a cabana bath provides convenient access to the outdoor living spaces.The private backyard is designed for year-round enjoyment with a newly constructed pool, covered terrace, lush landscaping, smart irrigation, security cameras, and a fully fenced yard. Additional highlights include two central A/C systems, a dedicated laundry room, and exceptional craftsmanship throughout. A rare turnkey opportunity offering contemporary luxury and the best of South Miami living.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
123 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.)
≈ $16,042/mo
7107 SW 63rd Avenue, South Miami, FL 33143 · South Miami
Location
7107 SW 63rd Avenue, South Miami, FL 33143
What buyers ask about this home
What are the estimated monthly carrying costs at 7107 SW 63rd Avenue, South Miami, FL 33143?+
Property tax (after sale): $2,315/month est.; homeowners insurance: $522/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $2,837/month est. Principal and interest: $13,205/month; PMI: $0/month. Total for the payment scenario shown: $16,042/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 7107 SW 63rd Avenue, 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 7107 SW 63rd Avenue, 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 7107 SW 63rd Avenue, 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 (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 7107 SW 63rd Avenue, South 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 7107 SW 63rd Avenue, South Miami, FL 33143?+
This listing has been on the market 123 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 · 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
Somerset Academy Elementary School (South Miami Campus)
Elementary · Charter · Grades PK–5 · South Miami
ST. Thomas The Apostle Catholic School
Elementary · Private · Catholic · Grades PK–8 · South Miami
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
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.
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