198 TERRACE PLAT

5500 SW 198th Ter, Southwest Ranches FL 33332

6 beds · 5 baths

Closed

$2,500,000

16.67%

Est. Payment $13,306/mo

MLS Sheet Video

6

Bedrooms

5

Bathrooms

2023

Year Built

3

Garage

118

Days on Market

Description

SPECTACULAR UNDER CONSTRUCTION MODERN ESTATE DESIGNED GREAT FOR INVESTOR AS IS. One of a kind modern estate designed WITH 10,000 TOTAL SF . Proposal designed is with 5 bedroom with gym with impressive ceiling heights of up to 24', and floor to ceiling glass walls that provide spectacular views of the expansive 2.5 acres land. Ready to put your personal taste . It has all the construction permits in order to finish the construction . Don't miss it great opportunity! Call now!

Facts

MLS#
A11212658
Subdivision
198 TERRACE PLAT
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2023
Lot Size
108,900 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
3 spaces
Pool
Days on Market
118 days
Listed
May 26, 2022
Last Updated
Oct 18, 2022
Price/Lot Sq.Ft.
$23/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Southwest Ranches

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/18/2022Sold$2,500,000
8/31/2022Price change$2,500,000-16.7%
5/26/2022Listed for sale$3,000,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5500 SW 198th Ter, Southwest Ranches FL 33332Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

$0

20% ($500,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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