CENTURY 21 Edge
$4,950,000$5,300,0007 bd6 ba4,278 sqft$1,157 /sqft$33,015 /mo all-in ↓

8763 SW 61st Pl, Pinecrest FL 33156, PINECREST, FL, 33156

Active91 days on marketListed May 4, 2026MLS #A12012287

Reduced $350KWaterfrontSingle Family ResidencePINECREST GARDENS

About this home

8763 SW 61st Pl, Pinecrest FL 33156

Tucked behind the gates of an exclusive enclave of just 12 residences, this two-story Mediterranean villa offers the rare combination of privacy, serenity, and an unbeatable North Pinecrest location. Only 3 homes have come to market here in the last decade; opportunities like this simply don't come around. Set along a tranquil canal and surrounded by lush, mature landscaping, the home welcomes you with dramatic 20-foot ceilings and an abundance of natural light. The thoughtfully designed floor plan features 7 bedrooms and 6 bathrooms, including a spacious primary suite, large dedicated office, and separate service quarters on the main level. Three additional bedrooms are upstairs, and a fully separate 1-bedroom/1-bathroom poolhouse sits off the backyard, ideal for guests or extended stays. The expansive backyard is built for entertaining, fully renovated anchored by a summer kitchen. Minutes from Gulliver, Beth Am, and St. Thomas, plus Miami's finest dining and shopping.

Facts & features

The home at a glance

7

Bedrooms

6

Bathrooms

4,278

Sqft

2

Garage

1990

Year built

$1,157

Per sqft

WaterfrontCanal & Pool viewFurniture Negotiable

Inside

FlooringConcrete · Tile · Wood
AppliancesDishwasher · Disposal · Dryer · Ice Maker · Microwave · Electric Range · Refrigerator · Wall Oven · Washer
InteriorFirst Floor Entry · Den/Library/Office · Separate Guest/In-Law Quarters · Maid/In-Law Quarters · Storage
CoolingCentral Air
HeatingCentral
FurnishedFurniture Negotiable

Outside & construction

RoofCurved/S-Tile Roof
ConstructionCBS Construction
ViewCanal · Pool
FacesSouthwest
ParkingCircular Driveway
ExteriorBarbeque · Fruit Trees

Community & fees

HOA fee$300/mo
Taxes (2025)$47,865/yr
PetsRestrictions Or Possible Restrictions
CommunityGated Community · Paved Road · Private Roads

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 and the real association fee — not generic estimates.

$33,015 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$26,710
PMI (est., until 20% equity)$1,856
Property tax — 2025 actual bill$3,989
HOA fee — from the listing$300
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $495,000Loan30-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% · $495,000
Interest rate6.00%
Loan term

Estimated payment

$33,015/mo

Principal & interest$26,710
PMI (est., until 20% equity)$1,856
Property taxes (actual bill)$3,989
HOA / condo fee$300
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.

$/sqft vs Pinecrest actives

$1,157 vs $990

Days on market

91 vs 84 typical

Where $1,157/sqft sits among the 112 Pinecrest actives

13
30
22
30 · this home
7
10
$436–657$657–878$878–1099$1099–1320$1320–1541$1541+

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 Pinecrest

Map of 8763 SW 61st Pl, Pinecrest FL 33156

Get to know Pinecrest. See the full Pinecrest guide →

PINECREST 33156 — neighborhood snapshot

Population

32,708

Median age

42

Median income

$134,720

Median home value

$1,063,100

Avg household

2.69

Households w/ children

3,769

For the school run

Dade County School District

ElementaryPinecrest Elementary School★★★★★
HighMiami Palmetto Senior High School★★★★
MiddlePalmetto Middle School★★★★
Instructional Center System Wide
District Instructional Center (Dic)
Title I Migrant Education Program

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

The numbers that matter

The Pinecrest market

Seller’s marketLeans buyer13.2 months of inventoryBuyer’s market

$1.2M$2.5M

Pinecrest median sold, yr/yr

92.3%

Sale-to-list ratio (12 mo)

8 of 112

Pinecrest actives have cut their price

This home is listed 956% above the PINECREST 33156 median. See the full Pinecrest market guide →

Paper trail

This home's history

CurrentPrice reduced to $4,950,000 $350K
May 4, 2026Listed at $5,300,000 · 91 days on market since
1990Built · PINECREST GARDENS

Reality check

What actually sold near 8763 SW 61st Pl

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

6495 SW 85th St, Miami FL 33143Sold · Mar ’26

$4,100,000

6495 SW 85th St, Miami FL 33143

6 bd · 5 ba · 4,313 sqft · $951/sqft · 72 DOM

6801 SW 94th St, Pinecrest FL 33156Sold · Jul ’26

$4,650,000

6801 SW 94th St, Pinecrest FL 33156

6 bd · 5.5 ba · 4,873 sqft · $954/sqft · 33 DOM

5847 SW 81st St, South Miami FL 33143Sold · Apr ’26

$6,200,000

5847 SW 81st St, South Miami FL 33143

6 bd · 6.5 ba · 4,973 sqft · $1,247/sqft · 174 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.

Leliana Vazquez

Your agent

Leliana Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 8763 SW 61st Pl — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8763 SW 61st Pl — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

8763 SW 61st Pl FAQs

What would the monthly payment be for 8763 SW 61st Pl, Pinecrest FL 33156?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $33,015/mo — principal and interest, the actual property-tax bill, the $300/mo association fee 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.

How much are the HOA fees at 8763 SW 61st Pl, Pinecrest FL 33156?+

The association fee works out to $300 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 8763 SW 61st Pl, Pinecrest FL 33156?+

The most recent tax bill on record (2025) was $47,865. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 8763 SW 61st Pl, Pinecrest FL 33156?+

The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

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

At $4,950,000, this home is listed about 1% below the Pinecrest median of $4,995,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8763 SW 61st Pl, Pinecrest FL 33156?+

Pinecrest Elementary School (elementary), Miami Palmetto Senior High School (high), Palmetto Middle School (middle), Instructional Center System Wide (), District Instructional Center (Dic) (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$4,950,000 runs 956% above the PINECREST 33156 median.

02Waterfront living

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

03Strong assigned schools

Pinecrest Elementary School, Miami Palmetto Senior High School, Palmetto Middle School, Instructional Center System Wide, District Instructional Center (Dic), Title I Migrant Education Program — Pinecrest Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $5,300,000, now $4,950,000 — a $350K cut. The full history is in the market section below.

Listing courtesy of Anac Global Realty, LLC · Sarkis Anac. MLS #A12012287.

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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