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5839 SW 74th Terrace 201, South Miami, FL 33143
Under Contract
40 Days on Market
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$299,000

5839 SW 74th Terrace 201

South Miami, FL 33143

SUNSET POINT CONDO

Explore the area: South Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$299,000
Price per sq ft
$489
Vs. nearby sales
54.3% above
Days on market
40

This 1-bedroom condo in ZIP 33143 went under contract with an asking price of $299,000, or $489 per square foot. The asking price has come down 2% from its original $305,000. It spent 40 days on the market before going under contract. The 3 most recent condo sales in the closings shown below sold at a median of $317 per square foot, so the asking price was 54.3% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
612
Living Sq Ft
1973
Year Built

Estimated monthly payment

$1,571 /mo

Principal and interest only, based on $59,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $568/mo HOA are not included.

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Listing Snapshot

Price
$299,000
Days on Site
40 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
612 sqft
Total Sq Ft
612 sqft
Year Built
1973
Property Type
Condo
MLS #
A12063519
Property Tax
$2,693 (2025)
HOA Fees
$568 / Monthly
Subdivision
SUNSET POINT CONDO
County
Miami Dade
Status
Under Contract
Special Conditions
Listed As Is

About This Property

Desirable South Miami Condo Welcome to this beautifully maintained 1-bedroom, 1-bath condominium, corner unit with lots of light, featuring impact windows and a community pool in the heart of highly desirable South Miami. Ideally located just minutes from the University of Miami, premier shopping, restaurants, entertainment, and vibrant nightlife, this home offers the perfect combination of comfort and convenience.Upgrades include LVT Flooring, elegant quartz countertops and a full suite of Samsung stainless steel appliances. Additional upgrades include a new A/C system, LG washer and dryer, all appliances and water heater are approximately 4-5 years old, providing peace of mind for years to come. Unit is also DIRECTV ready. The unit offers a functional, low-maintenance lifestyle ideal for homeowners, professionals, students, or investors seeking a prime South Miami location.Don't miss this opportunity to own in one of Miami's most sought-after neighborhoods!

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General Features

Property Type
Condo
Status
Under Contract
Year Built
1973
Number of Stories
4
Garage Spaces
1
Parking
Covered
Living Sq Ft
612
Total Sq Ft
612

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Vinyl
Interior Features
Elevator / Living Dining Room / Other / Separate Shower

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
View
Garden

Community & HOA

HOA Fee
$568 / Monthly
HOA Includes
Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Roof / Trash / Water
Association Amenities
Elevators / Management / Pool / Parking
Security
Elevator Secured / Phone Entry / Security Fence
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions / Ok To Lease
MLS Area
2400

Schools

Elementary School
Sunset
Middle School
Ponce De Leon
High School
Coral Gables

Browse South Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. South Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest South Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
85
Median List Price
$1,150,000
Median $/Sq Ft
$619
Avg Days on Market
119
View all 85 homes for sale in South Miami →
How do I schedule a tour of 5839 SW 74th Terrace 201, South Miami, FL 33143?
Use the Tour button on this listing to request a showing of 5839 SW 74th Terrace 201, South Miami, FL 33143. 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 5839 SW 74th Terrace 201, South Miami, FL 33143 still available?
5839 SW 74th Terrace 201, South Miami, FL 33143 is currently listed as Under Contract, 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 5839 SW 74th Terrace 201, South Miami, FL 33143?
With 20% down ($59,800) on the $299,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5839 SW 74th Terrace 201, South Miami, FL 33143 is about $1,571/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5839 SW 74th Terrace 201, South Miami, FL 33143?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5839 SW 74th Terrace 201, South Miami, FL 33143. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5839 SW 74th Terrace 201, South Miami, FL 33143 have an HOA fee?
Yes: 5839 SW 74th Terrace 201, South Miami, FL 33143 carries an HOA fee of about $568 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5839 SW 74th Terrace 201, South Miami, FL 33143?
5839 SW 74th Terrace 201, South Miami, FL 33143 is zoned for Sunset (elementary), Ponce De Leon (middle), Coral Gables (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 5839 SW 74th Terrace 201, South Miami, FL 33143?
Often, yes. The right offer on 5839 SW 74th Terrace 201, South Miami, FL 33143 depends on how it's priced against comparable condo sales in South 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 NXT LVL Realty Inc

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 1, 2026.

$299,000

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Listed by Daniel E Martinez, NXT LVL Realty Inc

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