CENTURY 21 Edge
$889,999$920,0003 bd2.5 ba2,089 sqft$426 /sqft$5,671 /mo all-in ↓

15931 SW 61st Ln, Miami FL 33193, MIAMI, FL, 33193

Active336 days on marketListed Sep 16, 2025MLS #A11879387

Reduced $30KWaterfrontSingle Family ResidenceBALANI SUB

About this home

15931 SW 61st Ln, Miami FL 33193

Welcome Home to This Exceptional Lakefront Retreat! This beautifully updated 3-bedroom, 2.5-bath gated residence is a rare find, offering the perfect blend of comfort, style, and privacy. Thoughtfully remodeled inside and out, this move-in-ready home showcases quality upgrades and a truly inviting atmosphere. Enjoy a serene lakefront setting with no rear neighbors, creating the perfect backdrop for both relaxing and entertaining. The turfed backyard provides low-maintenance outdoor living while maximizing the stunning water views. Inside, you’ll find bright, spacious living areas filled with natural light, along with a sleek, modern kitchen featuring high-end appliances and stylish finishes. The primary suite serves as a private retreat, complete with a spa-inspired bathroom and direct access to a peaceful outdoor sitting area overlooking the lake. Additional highlights include an extended side lot with ample space to park a large vehicle, RV, or boat, plus a 180-degree security system with PTZ cameras and a dedicated control panel for added peace of mind. Ideally located in a quiet, desirable neighborhood with NO HOA, this home offers both tranquility and convenience. A truly special property ready for its next owner — schedule your private showing today!

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,089

Sqft

2

Garage

2004

Year built

$426

Per sqft

WaterfrontLake view

Inside

FlooringMarble · Tile · Wood
AppliancesDishwasher · Dryer · Microwave · Electric Range · Refrigerator · Washer
InteriorOther
CoolingCentral Air
HeatingCentral

Outside & construction

RoofFlat Tile
ConstructionConcrete Block Construction
ViewLake
FacesSouth
ParkingDriveway
ExteriorOther

Community & fees

Taxes (2024)$4,502/yr
CommunityOther

Utilities & systems

WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$5,671 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$4,802
PMI (est., until 20% equity)$334
Property tax — 2024 actual bill$375
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $89,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $89,000
Interest rate6.00%
Loan term

Estimated payment

$5,671/mo

Principal & interest$4,802
PMI (est., until 20% equity)$334
Property taxes (actual bill)$375
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $890K
$742KedgeAI estimate $816,819 · range $773K$887K$926K

vs edgeAI estimate

+9%

$/sqft vs Miami actives

$426 vs $508

Days on market

336 vs 66 typical

Where $426/sqft sits among the 400 Miami actives

161
103 · this home
55
29
19
33
$184–416$416–648$648–881$881–1113$1113–1346$1346+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside San Pedro Estates

Map of 15931 SW 61st Ln, Miami FL 33193

Get to know Miami. See the full Miami guide →

San Pedro Estates — neighborhood snapshot

Population

3,384

Median age

46

Median income

$123,307

Median home value

$552,550

Avg household

4

Households w/ children

241

For the school run

Dade County School District

ElementaryBowman Ashe/Doolin K-8 Academy★★★★★
HighJohn A. Ferguson Senior High★★★★
MiddleLamar Louise Curry Middle School★★★★★
Instructional Center System Wide
Title I Migrant Education Program
District Instructional Center (Dic)

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

36 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 276% above the MIAMI 33193 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $889,999 $30K
Sep 16, 2025Listed at $920,000 · 336 days on market since
2004Built · BALANI SUB

Reality check

What actually sold near 15931 SW 61st Ln

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

6102 SW 159th Ct, Miami FL 33193Sold · Nov ’25

$910,000

6102 SW 159th Ct, Miami FL 33193 · same community

4 bd · 3 ba · 2,351 sqft · $387/sqft · 128 DOM

6014 SW 160th Ave, Miami FL 33193Sold · Jan ’26

$775,000

6014 SW 160th Ave, Miami FL 33193 · same community

4 bd · 3 ba · 2,351 sqft · $330/sqft · 12 DOM

6042 SW 159 CT, Miami FL 33193Sold · Apr ’26

$1,200,000

6042 SW 159 CT, Miami FL 33193 · same community

5 bd · 3 ba · 2,591 sqft · $463/sqft · 29 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Angela Rodriguez

Your agent

Angela Rodriguez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 15931 SW 61st Ln — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 15931 SW 61st Ln — before you fall in love.

See it in person

Schedule a tour

Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

15931 SW 61st Ln FAQs

What would the monthly payment be for 15931 SW 61st Ln, Miami FL 33193?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,671/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 15931 SW 61st Ln, Miami FL 33193?+

The most recent tax bill on record (2024) was $4,502. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Miami?+

At $889,999, this home is listed about 46% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 15931 SW 61st Ln, Miami FL 33193?+

Bowman Ashe/Doolin K-8 Academy (elementary), John A. Ferguson Senior High (high), Lamar Louise Curry Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$889,999 runs 276% above the MIAMI 33193 median — but at 2,089 sqft it's also 73% larger than the typical Miami listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

336 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Bowman Ashe/Doolin K-8 Academy, John A. Ferguson Senior High, Lamar Louise Curry Middle School, Instructional Center System Wide, Title I Migrant Education Program, District Instructional Center (Dic) — John A. Ferguson Senior High rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $920,000, now $889,999 — a $30K cut. The full history is in the market section below.

Listing courtesy of TAG Real Estate Agency · David Armas. MLS #A11879387.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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15931 SW 61st Ln, Miami FL 33193, MIAMI, FL — 3 Bed, 2.5 Bath — $889,999 | CENTURY 21 Edge