Price Check
How this price compares
- List price
- $625,000
- Price per sq ft
- $441
- Original price
- $675,000
- Days on market
- 40
This 3-bedroom single-family home in Trail Granada Addn is listed at $625,000, or $441 per square foot. The asking price has come down 7.4% from its original $675,000. It has been on the market for 40 days.
Estimated monthly payment
$3,285 /mo
Principal and interest only, based on $125,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $625,000
- Days on Site
- 40 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,416 sqft
- Total Sq Ft
- 1,416 sqft
- Lot Size
- 0.12 Acres
- Year Built
- 1949
- Property Type
- Single Family
- MLS #
- A12078126
- Property Tax
- $1,007 (2025)
- Subdivision
- TRAIL GRANADA ADDN
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
New Price! Just outside Coral Gables in Trail Granada, this charming 3-bedroom, 2-bath home features vaulted, wood-beamed ceilings and bright, inviting living spaces. White tile floors, a spacious dining area, and a galley kitchen with sage cabinetry and marble-look counters add character. Two bedrooms offer flexible guest or office space. Enjoy the enclosed Florida room, ideal as a sunroom or entertaining area. The fenced backyard includes a grassy lawn, storage shed, and covered patio. Quiet street just blocks from Coral Gables shopping, dining, and parks. First time on the market in 40 years and recently tented. Centrally located near Brickell, Downtown Miami, and the airport. Don’t miss it!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1949
- Property Condition
- Fixer
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway / Parking Pad
- Direction Faces
- North
- Lot Size (Acres)
- 0.12
- Living Sq Ft
- 1,416
- Total Sq Ft
- 1,416
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Refrigerator
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile / Wood
- Interior Features
- Bedroom On Main Level / Dining Area / Separate Formal Dining Room / Entrance Foyer / Main Level Primary / Pantry / Separate Shower
- Windows
- Other
- Furnished
- Negotiable
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Barrel
- Exterior Features
- Awnings / Lighting / Outdoor Living Area / Room For Pool
- Patio & Porch
- Patio
- View
- Garden
Community & HOA
- Association Amenities
- Sidewalks
- Community Features
- Street Lights
- Utilities
- Cable Available / Underground Utilities
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions / No Truck / No Trailer Parking
- MLS Area
- 2410
Schools
- Elementary School
- Henry M. Flagler
- Middle School
- Kinloch Park
- High School
- South Miami
About the Community
Trail Granada Addn is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $745,000 to $1,100,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Trail Granada and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $625,000
- Median $/Sq Ft
- $441
- Avg Days on Market
- 40
Frequently Asked Questions
- How do I schedule a tour of 4940 SW 5th Terrace, Miami, FL 33134?
- Use the Tour button on this listing to request a showing of 4940 SW 5th Terrace, Miami, FL 33134. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 4940 SW 5th Terrace, Miami, FL 33134 still available?
- 4940 SW 5th Terrace, Miami, FL 33134 is currently listed as Active, and has been on the market 40 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 4940 SW 5th Terrace, Miami, FL 33134?
- With 20% down ($125,000) on the $625,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4940 SW 5th Terrace, Miami, FL 33134 is about $3,285/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 4940 SW 5th Terrace, Miami, FL 33134?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4940 SW 5th Terrace, Miami, FL 33134. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 4940 SW 5th Terrace, Miami, FL 33134?
- 4940 SW 5th Terrace, Miami, FL 33134 is zoned for Henry M. Flagler (elementary), Kinloch Park (middle), South Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 4940 SW 5th Terrace, Miami, FL 33134?
- Often, yes. The right offer on 4940 SW 5th Terrace, Miami, FL 33134 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keller Williams Realty Premier Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$625,000
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Listed by Luz Pena, Keller Williams Realty Premier Properties
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Recent Sales
Recently sold homes in Trail Granada Addn
These are the last 2 recorded closings in Trail Granada Addn, with the price each home actually sold for rather than what it was listed at. They closed at a median of $396 per square foot. The most recent closed on June 22, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$720,000
Sold · June 22, 2026
5181 SW 7th Street
3 bed · 2 bath · 1,820 sqft · $396/sqft
$25,000 under the asking price
Sold$615,000
Sold · April 2, 2026
5000 SW 5 Terrace
3 bed · 2 bath · 1,634 sqft · $376/sqft
See every recorded sale in Trail Granada Addn or find out what your Trail Granada Addn home is worth.
