$615,000
8135 NW 198th Terrace
Explore the area: Hialeah homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $615,000
- Price per sq ft
- $361
- Vs. nearby sales
- 3.7% above
- Days on market
- 164
This 3-bedroom single-family home in Spanish Lakes 2nd Addn is listed at $615,000, or $361 per square foot. The asking price has come down 1.6% from its original $625,000. It has been on the market for 164 days. The 5 most recent single-family home sales in the closings shown below sold at a median of $348 per square foot, so the asking price is 3.7% above what comparable homes here actually sold for.
Estimated monthly payment
$3,232 /mo
Principal and interest only, based on $123,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $129/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $615,000
- Days on Site
- 164 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,705 sqft
- Total Sq Ft
- 2,086 sqft
- Lot Size
- 0.11 Acres
- Year Built
- 2001
- Property Type
- Single Family
- MLS #
- A12000748
- Property Tax
- $7,980 (2025)
- HOA Fees
- $129 / Monthly
- Subdivision
- SPANISH LAKES 2ND ADDN
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
WELCOME TO THIS BEAUTIFUL SPANISH LAKES HOME FEATURING 3 BEDROOMS, 2 BATH PLUS PLAYGROUND/DEN.ENTER THE DOUBLE DOORS TO A WONDERFUL OPEN CONCEPT SPLIT FLOOR PLAN WITH FORMAL LIVING AND DINING ROOM, KITCHEN, TILE FLOORING IN MAIN LIVING AREAS, LAMINATE FLLORING IN BEDROOMS, LAUNDRY ROOM AND FENCED YARD.CONVENIENT LOCATION CLOSE TO SCHOOLS, SPANISH LAKES PARK, SHOPPING, RESTAURANTS WITH QUICK ACCESS TO HIGHWAYS. ENJOY EVERYTHING THIS BEAUTIFULLY MAINTAINED FAMILY HOME HAS TO OFFER.SELLER IS MOTIVATED WILL CONTRIBUTE $15,000 TOWARD THE BUYER’S CLOSING COSTS.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2001
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.11
- Living Sq Ft
- 1,705
- Total Sq Ft
- 2,086
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0101
Interior Features
- Appliances
- Dryer / Disposal / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Ceramic Tile
- Interior Features
- Closet Cabinetry / Entrance Foyer / Main Level Primary / Walk In Closets
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Spanish Tile
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio
- Lot Features
- Quarter To Half Acre Lot
- View
- Garden
Community & HOA
- HOA Fee
- $129 / Monthly
- Association Amenities
- Pool
- Community Features
- Home Owners Association
- Financing Terms
- Cash / Conventional / FHA
- Restrictions
- Ok To Lease
- MLS Area
- 2200
Schools
- Elementary School
- Spanish Lake
- Middle School
- Lawton Chiles
- High School
- American
About the Community
Spanish Lakes 2nd Addn is an age-restricted 55+ community in Hialeah, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $625,000 to $655,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Spanish Lakes 2nd 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
- 2
- Median List Price
- $627,500
- Median $/Sq Ft
- $380
- Avg Days on Market
- 158
Frequently Asked Questions
- How do I schedule a tour of 8135 NW 198th Terrace, Hialeah, FL 33015?
- Use the Tour button on this listing to request a showing of 8135 NW 198th Terrace, Hialeah, FL 33015. 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 8135 NW 198th Terrace, Hialeah, FL 33015 still available?
- 8135 NW 198th Terrace, Hialeah, FL 33015 is currently listed as Active, and has been on the market 164 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 8135 NW 198th Terrace, Hialeah, FL 33015?
- With 20% down ($123,000) on the $615,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8135 NW 198th Terrace, Hialeah, FL 33015 is about $3,232/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 8135 NW 198th Terrace, Hialeah, FL 33015?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8135 NW 198th Terrace, Hialeah, FL 33015. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 8135 NW 198th Terrace, Hialeah, FL 33015 have an HOA fee?
- Yes: 8135 NW 198th Terrace, Hialeah, FL 33015 carries an HOA fee of about $129 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 8135 NW 198th Terrace, Hialeah, FL 33015?
- 8135 NW 198th Terrace, Hialeah, FL 33015 is zoned for Spanish Lake (elementary), Lawton Chiles (middle), American (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 8135 NW 198th Terrace, Hialeah, FL 33015?
- Often, yes. The right offer on 8135 NW 198th Terrace, Hialeah, FL 33015 depends on how it's priced against comparable single family sales in Hialeah, 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 Realty One Group Evolution
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 June 23, 2026.
$615,000
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Listed by Mileiny Maria Duran, Realty One Group Evolution
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Recent Sales
Recently sold homes in Spanish Lakes 2nd Addn
These are the last 5 recorded closings in Spanish Lakes 2nd Addn, with the price each home actually sold for rather than what it was listed at. They closed at a median of $348 per square foot. The most recent closed on September 21, 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$675,000
Sold · September 21, 2026
8126 NW 199th Terrace
3 bed · 2.5 bath · 1,648 sqft · $410/sqft
$10,000 over the asking price
Sold$615,000
Sold · May 26, 2026
7972 NW 198th Street
3 bed · 2 bath · 1,769 sqft · $348/sqft
$5,000 over the asking price
Sold$634,000
Sold · May 6, 2026
7952 NW 198th Street
3 bed · 2 bath · 1,769 sqft · $358/sqft
Sold$527,400
Sold · December 19, 2025
7997 NW 199th Terrace
4 bed · 2.5 bath · 1,601 sqft · $329/sqft
$71,600 under the asking price
Sold$480,000
Sold · December 8, 2025
7978 NW 200th Street
4 bed · 2 bath · 1,601 sqft · $300/sqft
$45,000 under the asking price
See every recorded sale in Spanish Lakes 2nd Addn or find out what your Spanish Lakes 2nd Addn home is worth.
