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+11 photosLuxury home — 8500 SW 106th Street · Chase-Hessen Estates · Miami
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Open property magazine$1,965,000
8500 SW 106th Street, Miami, FL 33156
Miami, FL, 33156
4 bd · 3 ba · 2,384 sqft
Listed by Mariana Martinez Real Estate Broker
8500 SW 106th Street, Miami, FL 33156
Listed by Mariana Martinez Real Estate Broker
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Estimated monthly payment
$12,688/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 $12,688/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 homesSet on an expansive 15,301-square-foot lot in the desirable Continental Park area, this updated 4-bedroom, 3-bath pool home is designed for effortless South Florida living. The impressive outdoor retreat features a spacious covered terrace with multiple areas for dining and lounging, a built-in TV, automatic drop-down shades and a sparkling pool surrounded by lush landscaping. Inside, abundant natural light fills the open living spaces through large bay windows. The kitchen connects seamlessly to the dining and family rooms and offers white wood cabinetry, granite countertops, a glass subway-tile backsplash and stainless-steel appliances. The primary suite includes two walk-in closets and a bath with dual sinks and a subway-tiled shower. Impact windows and doors, wood-look tile flooring throughout, and a circular driveway finished with concrete pavers and artificial grass complete the home.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 11%
The seller has come down from $2,200,000 to $1,965,000 — a $235,000 reduction since it came on the market.
94 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.)
≈ $12,688/mo
8500 SW 106th Street, Miami, FL 33156 · Miami
Location
8500 SW 106th Street, Miami, FL 33156
What buyers ask about this home
What are the estimated monthly carrying costs at 8500 SW 106th Street, Miami, FL 33156?+
Property tax (after sale): $1,909/month est.; homeowners insurance: $583/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $2,492/month est. Principal and interest: $10,196/month; PMI: $0/month. Total for the payment scenario shown: $12,688/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 8500 SW 106th Street, Miami, 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 8500 SW 106th Street, Miami, FL 33156 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 8500 SW 106th Street, Miami, FL 33156?+
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 8500 SW 106th Street, Miami, FL 33156?+
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 8500 SW 106th Street, Miami, FL 33156?+
This listing has been on the market 94 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
Miami Killian Senior High School
High school · 1.1 mi from this home · 10655 Sw 97Th Ave, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
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
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
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