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1061 NW 87th St, Miami, FL, 33150

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Full Baths
1,642 SqFt
$304/SqFt
House

Location

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1061 NW 87th St, Miami$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Guest, On Street
Attached Garage1 space
Year Built1957
HeatingOther, Wall Furnace
CoolingNone
WaterfrontOther
ViewLake, Water
MLS #A11618907
StatusActive

About 1061 NW 87th St

Pre-foreclosure Estate. 1,992 Total SF home, 3/2, 1-car gar waterfront home in sought-after neighborhood of Little River where pride of ownership is in full display. Home values range 500-900K. Enjoy the many creative possibilities of an oversized lot on the lake. Community boasts of pioneer professionals, retirees who value peace and serenity. Need roof repair, AC, kitchen. AS-IS Cash-NO ASSGNMTS. Conduct Inspections before Offer. SERIOUS Buyers ONLY to close ahead of 8/15/24. Text only NO calls, will respond promptly. Tenant will take what items they want-leave behind unwanted. Tenant currently uncooperative, working to resolve or ejectment. DO NOT-DO NOT approach tenant or go there. Probate Admin started; pending executed contract to Probate Atty. INVITE OFFERS FOR SIGHT UNSEEN

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,642 SqFt

Listing Office:

  • Office Name: Horizon Homes Realty Corp
  • Office Phone: (305) 712-7210
  • Listing Agent: Valerie Patterson

Interior Features

Interior Information:

  • Flooring Type: Concrete, Other, Wood
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Lake, Water
  • Exterior: Awning(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Guest, On Street

Virtual/3D Tour

  • Virtual Tour: 1061 NW 87th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Other, Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Miami Central Senior High School, Public Magnet Grades 9-12
  • Madison Middle School, Public District Grades 6-8
  • Arcola Lake Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $304/SqFt

Tax Information:

  • Annual Amount: $3,882
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$557K

Med. Price/SqFt

$387

Avg. Days On Market

57

# of Sold Homes

741

1061 NW 87th St vs Miami

59 DAYS ON ROCKET

+2 Days

$499,000

-$58K Less

$304/SqFt

-$84 Less

KEY TAKEAWAY

This property is $58K less than the Median Sold Price and $84/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11618907

Listing Office:

  • Office Name: Horizon Homes Realty Corp
  • Office Phone: (305) 712-7210
  • Listing Agent: Valerie Patterson

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: 9/7/2024, 7:20:48 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$3,882$212,259
2018$3,152$146,039
2017$3,014$161,951

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-1076093
3
/10
  • Arcola Lake Elementary School

  • 1037 NW 81st St

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1076094
2
/10
  • Madison Middle School

  • 3400 NW 87th St

  • 2.38 miles

  • Public District Grades 6-8

High School

school-card-donut-1076095
3
/10
  • Miami Central Senior High School

  • 1781 NW 95th St

  • 1.03 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,515. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1061 NW 87th St

What is the listing price of this property?

The listing price of 1061 NW 87th St property is $499,000.

What type of property is this?

The property 1061 NW 87th St is a house located in Miami, Florida, 33150.

Is this property for sale now?

Active Listing: 1061 NW 87th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1061 NW 87th St are:
Arcola Lake Elementary School: GreatSchools Rating 3/10
Madison Middle School: GreatSchools Rating 2/10
Miami Central Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,882 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1061 NW 87th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1061 NW 87th St is 1,642 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1061 NW 87th St is 1957.

Rocket HomesFloridaMiami-Dade CountyMiami331501061 NW 87th St

This home is located at 1061 NW 87th St in Miami, FL and zip code 33150 in the West Little River neighborhood. This 1,642 square foot home was built in 1957. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $499,000.

Over 87 listings were sold over their listed price in August 2024 in Miami, FL. In the same period over 546 listings were sold below the listed price and 108 listings were sold for the listed price. Between July 2024 and August 2024, Miami, FL real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in August 2024 was 57 days, the median list price was $557,077.

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

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