7643 NW South River Dr, Medley FL 33166, MEDLEY, FL, 33166
Active0 days on marketMLS #A11993090
About this home
7643 NW South River Dr, Medley FL 33166
Amazing investment opportunity, Single family house located in Medley; sitting right on Lake Okeechobee, with beautiful relaxing lake views. This unique income producing property is currently rented, producing a stable $6,500 per month. Very well situated, close to everything, in an extensive industrial and residential area, fantastic rental location for this investment property. Close to the Airport, Okeechobee Road, Palmetto Expressway and other major highways. Schedule your showings at least 24hr prior notice, text listing agent.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
2,189
Sqft
1976
Year built
$297
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,042 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,042/mo
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.
Where it sits
Inside Medley
Get to know Medley. See the full Medley guide →
MEDLEY 33166 — neighborhood snapshot
Population
26,925
Median age
39.3
Median income
$78,166
Median home value
$489,200
Avg household
2.54
Households w/ children
2,935
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Medley market
This home is listed 468% above the MEDLEY 33166 median. See the full Medley market guide →
Paper trail
This home's history
Reality check
What actually sold near 7643 NW South River Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$659,000
8357 NW South River Dr, Medley FL 33166 · same community
4 bd · 2.5 ba · 1,840 sqft · $358/sqft · 112 DOM
Sold · Dec ’25$569,000
509 W 16 street, Hialeah FL 33010
3 bd · 2 ba · 2,066 sqft · $275/sqft · 16 DOM
Sold · Jun ’26$360,000
2614 W 8th Ct, Hialeah FL 33010
3 bd · 2 ba · 1,881 sqft · $191/sqft · 131 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7643 NW South River Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7643 NW South River Dr — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7643 NW South River Dr FAQs
What would the monthly payment be for 7643 NW South River Dr, Medley FL 33166?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,042/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 7643 NW South River Dr, Medley FL 33166?+
The most recent tax bill on record was $1,566. 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 Medley?+
At $650,000, this home is priced right at the Medley median.
Which schools are assigned to 7643 NW South River Dr, Medley FL 33166?+
John I. Smith K-8 Center (elementary), Ruben Dario Middle School (middle), Ronald W. Reagan/Doral Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$650,000 runs 468% above the MEDLEY 33166 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Listed today in a Medley market that averages 0 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of Yellowstone Properties · Caridad Casado. MLS #A11993090.
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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