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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

7333 Sw 63rd Ct South Miami, FL 33143

4 Beds 2 Baths 1,608 sqft Built 1956
Last updated:  Oct 23, 2019

INVESTimate

$436,943

$415K - $458K

Price Est.

$3,587

$3.2K - $4.0K

Rent Est.

$462,766  ( +5.91%)   1 YR EST. FORECAST
  
  
  

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7333 Sw 63rd Ct PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $271.73
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,608 sqft
  • Baths : 2 Full

7333 Sw 63rd Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LUDLAM ELEMENTARY SCHOOL Primary Regular 431 29 7
SOUTH MIAMI MIDDLE SCHOOL Middle Magnet 1,026 51 9
SOUTH MIAMI SENIOR HIGH SCHOOL High Magnet 2,248 111 4

LUDLAM ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 431
  • # of teachers: 29
7
GreatSchools Rating

SOUTH MIAMI MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,026
  • # of teachers: 51
9
GreatSchools Rating

SOUTH MIAMI SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 2,248
  • # of teachers: 111
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Sunset Villas

  • 44

    POPULATION
  • 19

    HOUSEHOLDS
  • 84.7%

    WHITE COLLAR

Neighborhood : Sunset Villas

HOUSEHOLDS
19
POPULATION

44

15.8%Renters
84.2%Home Owners
LABOR FORCE

 

84.7%White Collar
15.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,587 per month.

MY RENT : $3,587 MEDIAN RENT : $2,929

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,587 would therefore be considered affordable for annual household incomes greater than $143,480 (12 months x 3.333 x $3,587).

Rent % Affordability
Above $500 100.0%
Above $700 94.4%
Above $1,100 88.9%
Above $1,500 88.9%
Above $1,900 65.8%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $143,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,587 per month.

MINIMUM INCOME RANGE : $143,480

Income % Distribution
<$20K 0.0%
$20K-$35K 5.6%
$35K-$60K 5.6%
$60K-$100K 44.4%
>=$100K 44.4%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 8.7%
10-14 mins 13.0%
15-19 mins 0.0%
20-29 mins 34.8%
30-44 mins 17.4%
45-59 mins 17.4%
>60 mins 4.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,587 per month.

MY RENT : $3,587 MEDIAN RENT : $2,929

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $3,587 would therefore be considered affordable for annual household incomes greater than $143,480 (12 months x 3.333 x $3,587).

Rent % Affordability
Above $500 100.0%
Above $700 94.4%
Above $1,100 88.9%
Above $1,500 88.9%
Above $1,900 65.8%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $143,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,587 per month.

MINIMUM INCOME RANGE : $143,480

Income % Distribution
<$20K 0.0%
$20K-$35K 5.6%
$35K-$60K 5.6%
$60K-$100K 44.4%
>=$100K 44.4%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 8.7%
10-14 mins 13.0%
15-19 mins 0.0%
20-29 mins 34.8%
30-44 mins 17.4%
45-59 mins 17.4%
>60 mins 4.3%

Sunset Villas Demographics

INDUSTRY

Industry % Distribution
Construction 8.0%
Educational Services 20.0%
Financial Industries 8.0%
Health Care & Social Assistance 12.0%
Manufacturing 8.0%
Professional & Scientific Tech Services 24.0%
Other 20.0%
AGE DISTRIBUTION

61% of the population is between the ages of 25 and 64, 23% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 15.9%
15-19 2.3%
20-24 4.5%
25-44 27.3%
45-65 34.1%
66+ 15.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.0%
Construction 15.0%
Healthcare 15.0%
Management, Business, & Financial 35.0%
Natural Resources Maintenance 10.0%
Sales & Office 20.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.2%
High School 25.0%
Masters Degree 9.4%
Some College 9.4%
Some High School 6.2%
Other 43.8%

7333 Sw 63rd Ct Comps

Sorry, we do not have sufficient data available.

7333 Sw 63rd Ct, South Miami, FL 33143 is a single family home of 1,608 sqft. HomeUnion INVESTimateĀ® for 7333 Sw 63rd Ct includes a Price Estimate of $436,943 and a Rent Estimate of $3,587. This single family home has 4 bedrooms,2 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 9.85% and Total Return of 26.95%. The estimated 1 year forecast in home value for 7333 Sw 63rd Ct is 5.91%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MIAMI-DADE County , or the 33143 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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