15 days on rocket

5510 NE 1st Ct, Miami, FL, 33137

$875,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,176 SqFt
$402/SqFt
Multi
Schools Nearby

Location

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5510 NE 1st Ct, Miami$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1956
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11577568
StatusActive

About 5510 NE 1st Ct

Welcome to this fantastic investment opportunity in the heart of an up-and-coming neighborhood! This 4-plex holds incredible potential for savvy investors willing to put in a little TLC. With some strategic renovations, you can maximize its income potential and watch your profits soar. Don't miss out on a chance to be part of the growth in this promising area. Act now and turn this property into a cash flow machine! Or redevelop T4-R zoning (Multifamily 2-9 units).

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1956
  • Stories: 1
  • Living Area: 2,176 SqFt

Listing Office:

  • Office Name: GSL Properties
  • Office Phone: (305) 662-4766
  • Listing Agent: Danny Vilato

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 5510 NE 1st Ct

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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Toussaint L'Ouverture Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: NE 54 St to NE 1st CT north to property on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $5,988
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

5510 NE 1st Ct vs Miami

15 DAYS ON ROCKET

-41 Days

$875,000

+$328.8K More

$402/SqFt

+$19 More

KEY TAKEAWAY

This property is $328.8K more than the Median Sold Price and $19/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11577568

Listing Office:

  • Office Name: GSL Properties
  • Office Phone: (305) 662-4766
  • Listing Agent: Danny Vilato

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,988$275,861
2018$5,099$145,906
2017$4,853$207,392

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2493721
6
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.19 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2493722
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 1.58 miles

  • Public District Grades 6-8

High School

school-card-donut-2493723
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 0.80 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,485. The most common annual income of people living in Miami, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33137›5510 NE 1st Ct

This home is located at 5510 NE 1st Ct in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 2,176 square foot home was built in 1956. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $875,000.

In April 2024 more than 120 listings in Miami, FL were sold above the asking price. During the same period more than 157 listings were sold at asking price, while more than 608 were sold below. In April 2024 in Miami, FL there were 7.2% more homes for sale than in March 2024. In April 2024 median list price was $546,178 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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