An amazing investment opportunity on this strategically located T6-8 zoned lot near Downtown Miami, the Miami River, Miami’s Health District, Loan Depot Park, the Kaseya Center and more just minutes away. Its convenient proximity to the Culmer Metrorail station offers seamless access to other parts of the city including the Miami International Airport. This lot offers a myriad of developmental opportunities, come unlock its full potential today!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
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
$4,564
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Frederick R. Douglass Elementary School
314 NW 12th St
Distance between this listing and this school0.46 miles
Public District Grades PK-5
4
/10
Theodore R. and Thelma A. Gibson Charter School
1682 NW 4th Ave
Distance between this listing and this school0.52 miles
Public Charter Grades KG-6
7
/10
Downtown Miami Charter School
305 NW 3rd Ave
Distance between this listing and this school0.76 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.59 miles
Public Charter Grades KG-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school0.61 miles
Public Charter Grades 6-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school0.87 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school0.21 miles
Public Magnet Grades 9-12
3
/10
Mater Virtual Academy Charter Middle/High School
601 NW 12th Ave
Distance between this listing and this school0.59 miles
Public Charter Grades 6-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school0.61 miles
The neighbors living near this home have an average income of $27,143. The majority of Miami, FL residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1157 NW 7th Ct
What is the listing price of this property?
The listing price of 1157 NW 7th Ct property is $1,500,000.
What type of property is this?
The property 1157 NW 7th Ct is land located in Miami, Florida, 33136.
Is this property for sale now?
Active Listing: 1157 NW 7th Ct is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,071 (source: MLS/based on county public records data).
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 1157 NW 7th Ct in Miami, FL and zip code 33136 in the Central Downtown neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $1,500,000.
Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024 median list price was $560,436 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.
© 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.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Ross Dress For Less
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary