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+15 photosLuxury home — 7990 SW 76th Avenue · Glenvar Heights · Miami
$2,000,000
7990 SW 76th Avenue, Miami, FL 33143
Miami, FL, 33143
— bd · — ba · — sqft
Listed by Luxe Properties
7990 SW 76th Avenue, Miami, FL 33143
Listed by Luxe Properties
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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 opportunity to acquire a prime lot in the heart of Glenvar Heights! This expansive 38,768 sq ft corner lot—just shy of an acre—is ideal for developers or end users seeking scale, presence, and endless possibilities. Located minutes from South Miami, Coral Gables, and Pinecrest, with easy access to top schools, dining, shopping, Dadeland Mall, and the University of Miami, this property offers unmatched convenience and connectivity via US 1 and the Palmetto.With strong annual income potential of approximately $180,000 from the existing structures, this site provides flexibility for redevelopment or a custom estate. The property’s size, location, and visibility make it a highly desirable opportunity for investors or those looking to build their dream project in one of South Florida’s most sought-after neighborhoods. Don’t miss your chance to secure this exceptional piece of land!
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 18%
The seller has come down from $2,450,000 to $2,000,000 — a $450,000 reduction since it came on the market.
219 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.)
7990 SW 76th Avenue, Miami, FL 33143 · Miami
Location
7990 SW 76th Avenue, Miami, FL 33143
What buyers ask about this home
What are the estimated monthly carrying costs at 7990 SW 76th Avenue, 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 7990 SW 76th Avenue, 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 7990 SW 76th Avenue, 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 7990 SW 76th Avenue, 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 7990 SW 76th Avenue, Miami, FL 33143?+
This listing has been on the market 219 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 · 1.5 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 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.
Simon Gedz
Realtor® since 1995
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