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8091 NW 48th Ter
Doral, FL

8091 NW 48th Ter

$1,757,900
6 bd • 5 ba • 4,835 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,757,900

Price/Sq.Ft

$364

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This property excels with its spacious 4,835 sqft layout, which is 60% larger than the average 4-bedroom home in Doral (2,997 sqft). At $363.58/sqft, it's priced 10% below the area's luxury home average of $400-$450/sqft. The modern, sleek design with clean lines and large windows suggests recent construction or renovation, adding significant value. The property features a two-car garage, enhancing convenience and storage. Its location on NW 48th Terrace places it in a desirable area of Doral, known for good schools and proximity to amenities. The landscaping, including mature palm trees, adds to the property's curb appeal and indicates a well-maintained exterior.

The Bad

The high price point of $1,757,900 limits the potential buyer pool, especially considering the median income in Doral is $65,902. This price is 270% higher than what a median income household could afford (assuming a 30% DTI ratio). The property's size may lead to higher maintenance costs and utility bills. With 6 bedrooms and 5 bathrooms, the layout may be excessive for many families, potentially leading to unused space. The lack of detailed information about features, utilities, and systems makes it difficult to assess the true value and potential hidden costs.

The Ugly

Doral's location in a hurricane-prone zone means high insurance costs, potentially $5,000-$7,000 annually for a property of this size and value. Flood insurance is likely mandatory, adding another $2,000-$3,000 per year. The area's susceptibility to flooding during heavy rainfall or storm surges poses a significant risk. Traffic congestion in Doral is severe, which could impact daily life and property value. Proximity to Miami International Airport may result in significant aircraft noise, depending on the exact location. The rapid development in Doral could lead to ongoing construction noise and changes in neighborhood character.

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

This property is best suited for high-net-worth individuals or families with annual incomes exceeding $500,000. It's ideal for large families or those who frequently host guests, given the 6 bedrooms and 5 bathrooms. The modern design appeals to buyers seeking contemporary luxury. Investors looking for high-end rental properties could benefit, as the rental market for luxury homes in Doral is strong. The property would suit those who prioritize space and are willing to accept higher maintenance costs for a premium living experience.

Not For

This property is not suitable for first-time homebuyers or those with median incomes in Doral. It's impractical for small families or couples who don't need extensive space. Buyers sensitive to noise or concerned about hurricane risks should be cautious. Those looking for low-maintenance or energy-efficient homes may find this property challenging due to its size. Investors seeking immediate high returns might struggle due to the high initial investment and potential for high carrying costs.
Demographics
Area Median Income

$65,902

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Risk Assessment

Risk Analysis

Hurricane risk is significant, with potential for property damage and high insurance costs. Flooding risk during heavy rains or storms could lead to property damage and increased insurance premiums. Rapid development in Doral may lead to oversupply in the luxury market, potentially impacting future appreciation. Aircraft noise from nearby Miami International Airport could affect quality of life and resale value. Traffic congestion in Doral is a growing issue that could worsen over time, potentially impacting property desirability. The high cost of ownership (mortgage, taxes, insurance, maintenance) creates financial risk if the market softens or if the owner's financial situation changes.

Financials

Monthly Costs

Location & Comparables

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