8 days on rocket

1068 NW 5th St, Miami, FL, 33128

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,480 SqFt
$491/SqFt
Multi

Location

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1068 NW 5th St, Miami$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1924
HeatingNone
CoolingCentral Air
MLS #A11691612
StatusActive

About 1068 NW 5th St

Welcome to The Ohio Flats. Turnkey 8-unit investment completely remodeled with central A/C and impact windows. 4 separate 2-story buildings with 2 units each. Located in the heart of Little Havana walking distance to the Miami River. Coin Laundry on site and street parking. Please see attached Financials. You don't want to miss this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1924
  • Stories: 2
  • Living Area: 4,480 SqFt

Listing Office:

  • Office Name: Binter Real Estate
  • Office Phone: (305) 416-3040
  • Listing Agent: Maria Marianeschi

Interior Features

Interior Information:

  • Flooring Type: Laminate

Virtual/3D Tour

  • Virtual Tour: 1068 NW 5th St
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $491/SqFt

Tax Information:

  • Annual Amount: $8,989
  • 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

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

1068 NW 5th St vs Miami

8 DAYS ON ROCKET

-52 Days

$2,200,000

+$1.6M More

$491/SqFt

+$101 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $101/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: #A11691612

Listing Office:

  • Office Name: Binter Real Estate
  • Office Phone: (305) 416-3040
  • Listing Agent: Maria Marianeschi

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: 11/21/2024, 10:20:49 AM 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$8,989$422,069
2018$7,818$368,204
2017$7,290$363,200

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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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.

Nearby Schools

school-card-donut-259672
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-259673
3
/10

  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-259674
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.86 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,819. Residents of Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33128›1068 NW 5th St

This home is located at 1068 NW 5th St in Miami, FL and zip code 33128 in the Little Havana neighborhood. This 4,480 square foot home was built in 1924. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,200,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 60 days, the median list price was $560,436.

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

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