Score
0Miami, FL
4724 SW 67th Ave APT E6
535K
3 beds
2 baths
1,234 sqft
3 bd • 2 ba • 1,234 sf
This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$535,000
Price/Sq.Ft
$434
Year Built
1976
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Central location: The property is centrally located in Miami, providing easy access to the airport, University of Miami, Dadeland Mall, and the Palmetto Expressway. This is a major advantage for those who frequently travel or need to commute to these areas.
• Community amenities: The Oasis community offers walking trails, open play spaces, two pools, and a dog park, providing residents with various recreational options and a sense of community.
• Updated features: The property boasts impact windows and doors, a new AC, new water heater, and stainless steel appliances. These upgrades enhance the property's value and reduce the likelihood of immediate repair costs.
• Two parking spaces: The inclusion of two parking spaces is a significant benefit in Miami, where parking can be limited and expensive. This is especially valuable considering the property's proximity to popular destinations.
The Bad
• High flood risk: The property has a severe flood risk of 7/10 and is located in FEMA Zone AH, indicating a high probability of flooding. This can lead to expensive flood insurance premiums, potentially exceeding $2,000 per year.
• Age of the building: Built in 1976, the property is relatively old, which may lead to higher maintenance costs and potential repairs compared to newer construction. Older buildings are more prone to issues with plumbing, electrical systems, and roofing.
• Reliance on individual AC units: While the listing mentions a new AC, relying on central air can result in high electricity bills, especially during Miami's hot and humid summers. The extreme heat risk (10/10) further exacerbates this issue.
• School ratings: While South Miami K-8 Center has a good rating (8/10), South Miami Senior High School has a lower rating (5/10), which may be a concern for families with older children. South Miami Middle School has a rating of 6/10, which is slightly below average.
The Ugly
• High potential insurance costs: The combination of flood risk and wind risk (both rated extreme at 10/10) could lead to very high insurance premiums. Wind insurance in Miami can be particularly expensive, potentially adding thousands of dollars to annual costs. Total insurance could exceed $4,000 annually.
• Property tax increases: While Florida has no state income tax, property taxes can be substantial and may increase over time. Researching the historical property tax trends for this specific property and the surrounding area is crucial.
• Potential HOA fee increases: HOA fees can increase over time due to rising maintenance costs or special assessments. Reviewing the HOA's financial statements and meeting minutes can provide insights into potential future increases.
• Limited appreciation potential: While the property has appreciated in value over time, future appreciation may be limited due to the age of the building and the potential for rising insurance costs and property taxes.
Reimagine This House
What would you change about this home? Describe your vision and see it transformed by AI.
Original
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers seeking a centrally located property with community amenities: The Oasis community offers walking trails, play spaces, pools, and a dog park, making it appealing to those who value an active lifestyle and community engagement.
• Individuals prioritizing updated features and move-in readiness: With impact windows and doors, a new AC and water heater, and stainless steel appliances, this townhome is ideal for buyers who want to avoid immediate renovation projects.
• Those who need convenient access to various Miami locations: Its proximity to the airport, University of Miami, Dadeland Mall, and the Palmetto Expressway makes this property suitable for individuals who frequently travel or need easy access to key destinations.
• Buyers looking for a pet-friendly environment: The dog park within the Oasis community will be attractive to pet owners.
Not For
• Buyers extremely sensitive to flood risks: With a severe flood risk score of 7/10 and a FEMA Zone AH designation, this property may not be suitable for those seeking minimal flood exposure.
• Individuals seeking very low monthly housing costs: While the listing price is competitive, potential flood insurance premiums, property taxes, and HOA fees can add up, making it less appealing to those on a tight budget.
• Those who prefer newer construction: Built in 1976, this townhome is older and may require more maintenance compared to newer properties. Even with the upgrades, there is still some risk associated with aging infrastructure.
• Buyers who dislike HOA restrictions: As part of a gated community, this property is subject to HOA rules and regulations, which may limit personal preferences or activities.
Demographics
Area Median Income
$71,646
Property History
Price History
Ownership Timeline
$278,500Financed
Apr 11, 2019Hector J SolisJenny Tovar
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 12, 2005Hector J Solis, Joelle H WhiteHector J Solis
Intrafamily Transfer
Non-Arm's Length Transactions
$134,000Cash Purchase
Jan 1, 1970Edward Garcia IHector J Solis, Joelle H White
Warranty Deed
Standard Sale (Purchase/Resales)
Property Taxes
$3,586
2023 Tax Assessment
3.7%from previous year
Assessed Value$250,434
Tax Rate1.43%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
Data provided by Shadowmap
Loading sunlight data...
Risk Assessment
Climate Risks
heatSEVERE
8 extreme heat days per year
98th percentile: 104°F
windSEVERE
Insurance: Required
floodMAJOR
FEMA Zone: High Risk Area (Shallow Flooding)
Insurance: Required
airMINIMAL
1 bad air quality days per year
fireMINIMAL
Insurance: Optional
Risk Analysis
• High flood risk: The severe flood risk (7/10) and FEMA Zone AH designation indicate a significant probability of flooding. Obtaining affordable flood insurance may be challenging or expensive.
• Aging infrastructure: Built in 1976, the building's plumbing, electrical, and structural systems may require costly repairs or replacements in the near future.
• HOA fees and restrictions: Monthly HOA fees can add to the overall cost of ownership. Review HOA documents carefully for restrictions on rentals, renovations, and pet ownership.
• Market volatility: Miami's real estate market is subject to fluctuations. Property values may decline due to economic downturns, rising interest rates, or changes in local market conditions. The price history shows 92.1% increase in a short time, which is a signal of market volatility.
• Extreme heat risk: Miami's extreme heat (10/10) can lead to high energy bills and potential health issues. The cost of cooling the property during the summer months may be substantial.
Insurance
Annual Cost
$1,926
$161 per month
Cost & Affordability
Monthly Costs
Breakdown of estimated monthly expenses for this property
Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements
Can You Afford This Home?
Enter your financial details to see if this property fits your budget
Calculate Your Affordability
Get a personalized affordability score based on your income, debts, and down payment
Enter total household income before taxes and deductions
20.0% of purchase price
Customize Your Mortgage
Adjust the terms to see how they affect your monthly payment
$535 monthly
$161 monthly
Price Prediction Challenge
Think you know what 4724 SW 67th Ave APT E6 will sell for? Put your market expertise to the test!
Be the first to predict
Your local insight could help set the benchmark for other buyers.
No predictions yet
Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.
Schools
Financials
Monthly Costs
Unlock Premium Features
Supercharge Your Property Analysis
Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.
Best for serious buyers
- Unlimited AI analysis
- Unlimited AI chat
- Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee
Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$535,000
Price/sqft
$434
Layout
3 bd•2 ba
Days on market
41 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$696,667
23.2%
Your price is 23.2% below average
Median Price
$700,000
23.6%
Based on 6 recent sales
Price per Sq.Ft
$545
20.4%
Your price is 20.4% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 4712 SW 67th Ave #G5, Miami, FL 33155 | $475,000 | 1,234 | 3 | 2 | $38511.2% | 8/30/2024 |
| 6610 SW 45th St, Miami, FL 33155 | $700,000 | 1,480 | 4 | 2 | $4739.1% | 11/5/2024 |
| 7375 SW 37th St, Miami, FL 33155 | $655,000 | 1,000 | 3 | 2 | $65551.1% | 10/5/2024 |
| 3903 SW 59th Ave, Miami, FL 33155 | $820,000 | 1,410 | 3 | 2 | $58234.1% | 9/5/2024 |
| 4575 SW 68th Ct Cir #102, Miami, FL 33155 | $470,000 | 1,270 | 3 | 3 | $37014.6% | 10/14/2024 |
| 6101 SW 44th Ter, Miami, FL 33155 | $1,060,000 | 1,316 | 4 | 3 | $80585.8% | 10/21/2024 |
4712 SW 67th Ave #G5, Miami, FL 33155
Price: $475,000
Sq.Ft: 1,234
Beds/Baths: 3/2
$/Sq.Ft:
$38511.2%
Sale Date: 8/30/2024
6610 SW 45th St, Miami, FL 33155
Price: $700,000
Sq.Ft: 1,480
Beds/Baths: 4/2
$/Sq.Ft:
$4739.1%
Sale Date: 11/5/2024
7375 SW 37th St, Miami, FL 33155
Price: $655,000
Sq.Ft: 1,000
Beds/Baths: 3/2
$/Sq.Ft:
$65551.1%
Sale Date: 10/5/2024
3903 SW 59th Ave, Miami, FL 33155
Price: $820,000
Sq.Ft: 1,410
Beds/Baths: 3/2
$/Sq.Ft:
$58234.1%
Sale Date: 9/5/2024
4575 SW 68th Ct Cir #102, Miami, FL 33155
Price: $470,000
Sq.Ft: 1,270
Beds/Baths: 3/3
$/Sq.Ft:
$37014.6%
Sale Date: 10/14/2024
6101 SW 44th Ter, Miami, FL 33155
Price: $1,060,000
Sq.Ft: 1,316
Beds/Baths: 4/3
$/Sq.Ft:
$80585.8%
Sale Date: 10/21/2024
Frequently Asked Questions
Property Discussion
Start the Conversation
Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.
You
Analyze Any Property for Free
Get instant insights and potential savings on any Zillow® listing.
Free Analysis
AI-Powered Insights
Instant Results