GORGEOUS PEACE OF LAND IN THE PRIME LOCATION OF THE LITTLE HAVANA NEIGHBORHOOD CLOSE TO EVERITHING, DOWNTOWN MIAMI, CORAL GABLES, CORAL WAY, BRICKELL AND MIA INTERNATIONAL AIRPORT. THIS IS A GREAT DEVELOPMENT OPPORTUNITY FOR INVESTORS LOOKING FOR A HIGH-DEMAND RENTAL PROJECT.
Property Details
Property Features
Listing Office:
Office Name: Century 21 Capital Brokers
Office Phone: (305) 933-1242
Listing Agent: Daniel Munoz
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: PLEASE USE GOOGLE MAPS
Price Information
Listing Price Info
Price Summary:
List Price: $1,150,000
Tax Information:
Annual Amount: $6,171
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Miami, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,807
Per Month
Principal & Interest
$5,740
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
$3,514
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
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.48 miles
Public Charter Grades KG-5
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.92 miles
Public District Grades PK-5
Nearby Schools
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.20 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 school0.21 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 school0.41 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Mater Virtual Academy Charter Middle/High School
601 NW 12th Ave
Distance between this listing and this school0.20 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 school0.20 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.32 miles
The neighbors living near this home have an average income of $18,790. Most Miami, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1227 NW 3rd St
What is the listing price of this property?
The listing price of 1227 NW 3rd St property is $1,150,000.
What type of property is this?
The property 1227 NW 3rd St is land located in Miami, Florida, 33125.
Is this property for sale now?
Active Listing: 1227 NW 3rd St 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 $6,171 (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 1227 NW 3rd St in Miami, FL and zip code 33125 in the Little Havana neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $1,150,000.
Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. In November 2024 median list price was $565,671 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.