7997 SW 76th Avenue, Miami, FL 33143 — MLS photo

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7997 SW 76th Avenue, Miami, FL 33143

Active · SingleFamilyResidence

$2,250,000

7997 SW 76th Avenue, Miami, FL 33143

Beds
6
Baths
4
Living area
5,151 sq ft
$ / sq ft
$437/sq ft
Year built
1970
Lot size
38,768 sq ft
HOA fee
—
Annual tax
—

About this property

Welcome to 7997 SW 76 Avenue, a truly rare offering in the heart of Glenvar Heights. Set on an expansive 38,768 sq ft corner lot, just shy of an acre, this is a unique opportunity for a developer or end user to secure a property that not only offers scale and presence, but also produces approximately $180,000 annually in gross income. Excellent location just minutes to South Miami, Coral Gables, and Pinecrest, with quick access to top schools, everyday conveniences, top dining, Dadeland Mall, and the University of Miami. Connectivity is seamless with close proximity to US 1 and the Palmetto, making this a highly desirable pocket for both end users and investors. The existing residence spans over 5,100 sq ft with 6 bedrooms and 4 bathrooms, featuring soaring 20-foot ceilings and an abundance of natural light throughout. The layout is open and functional with tile flooring, recessed lighting, a fireplace, and Coral Rock accents that add warmth and character. The kitchen is well-positioned with a large island, granite countertops, wood cabinetry, and stainless steel appliances, opening seamlessly to the main living areas. A versatile loft adds flexibility for additional living or workspace. The property also features a roof completed in 2018 and impact windows installed in 2021, offering added value and peace of mind. Great opportunity to renovate or redevelop. FIRST TWO PHOTOS ARE VIRTUAL CONCEPT OF RENOVATION

Property location

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7997 SW 76th Avenue, Miami, FL 33143

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Facts & features

Interior

Bedrooms
6
Bathrooms
4
Living area
5,151 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1970
Lot size
38,768 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11993465
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,628

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.1%
Gross yield
8.2%
Mortgage payment
$10,666/mo
Down payment
$562,500
Loan amount
$1,687,500
Annual NOI
$108,457

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.