RANCHERO HOMESITES

8620 SW 127th Street, Miami FL 33156

3 beds · 1.5 baths · 1,110 ft²

Closed

$515,000

Est. Payment $2,741/mo

MLS Sheet Video

Bedrooms

1.5

Bathrooms

1,110

Sq. Ft.

1955

Year Built

Garage

Stories

Days on Market

Description

Calling all investors for this handyman special offer. Perfect for the DIY 1st time homeowner or seasoned investor for a rental. Property is a Fixer Upper Concrete Block Stucco home that needs a complete interior remodel as it is a bit outdated. Sold AS-IS with plenty of equity. This 3/1/1 sits on a spacious lot with no HOA fees. There are Terrazzo floors in the master bedroom and terrazzo floors underneath the tile floors that are throughout the rest of the home. The roof was replaced approximately 4 years ago. Central AC unit & wall unit in master bedroom. Home being sold AS-IS - cash, hard money, or conventional. Priced at over $100,000 below market value, and is being sold in its ''AS IS'' condition. So, great bones, lots of space, easy fixes and huge benefits for the person who has the vision to recognize the potential. A little bit of cash and some sweat equity can make this a great find for the handy owner/occupant as well as the savvy investor. Make an offer today!

Facts

MLS#: R10906371
Subdivision: RANCHERO HOMESITES
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1955
Lot Size: 7,841 ft²
Sq. Ft.: 1,110 ft²
Sq. Mt.: 103 m²
Price per sq. ft.: $464/ft²
Price per sq. mt.: $5,000/m²
Stories: 1
Garage: 1 spaces
Pool: —
Days on Market: 8 days
Listed: Jul 23, 2023
Last Updated: May 18, 2026
Price/Lot Sq.Ft.: $66/ft²

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Market insights for Miami

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

Sellers market

June 2026

100/100

Buyers marketSellers market

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).

5/18/2026	Sold	$515,000
7/23/2023	Listed for sale	$515,000

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

Estimated Monthly Payment

$3,320/mo

Principal & Interest

$2,741

Property Tax

$429

Insurance

$150

HOA

Down Payment20% ($103,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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