OWNER FINANCING- 3-story, 12-unit building that can gross over $32K per month! Well-managed call listing agent for videos and more info. 11 units have been fully renovated there is only 1 unit that is in original condition. The roof was recently sealed. The plumbing main has been replaced with PVC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20.5K
Per Month
Principal & Interest
$20.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.3K
Powered By
Advertisement
NMLS#3030
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
7
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.64 miles
Public District Grades PK-5
Middle School
5
/10
Shenandoah Middle School
1950 SW 19th St
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
High School
6
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.71 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.64 miles
Public District Grades PK-5
Nearby Schools
3
/10
Alpha Charter of Excellence
1223 SW 4th St
Distance between this listing and this school0.60 miles
Public Charter Grades KG-5
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Assigned Schools
5
/10
Shenandoah Middle School
1950 SW 19th St
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.56 miles
Public District Grades 6-8
5
/10
Sports Leadership and Management (Slam) Charter Mi
604 NW 12th Ave
Distance between this listing and this school0.65 miles
Public Charter Grades 6-8
Assigned Schools
6
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.71 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.66 miles
Public Magnet Grades 6-12
8
/10
Sports Leadership of Miami Charter High School
998 SW 1st St
Distance between this listing and this school0.83 miles
The neighbors living near this home have an average income of $22,371. The most common annual income of people living in Miami, FL is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 111 SW 18th Ave in Miami, FL and zip code 33135 in the Little Havana neighborhood. This 9,615 square foot home was built in 1962. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $4,100,000.
In September 2024, from all listings sold in Miami, FL there were more than 64 sold above asking price, over 522 sold below and more than 106 were sold right at the asked price. The number of listings in Miami, FL increased by 9.5% between August 2024 and September 2024. Listings spent 62 days on the market in September 2024, and had a median list price of $559,681 during the same period.
From Rocket Homes Real Estate and based on county public records data.