3 months on rocket

1248-1256 SW 3rd St, Miami, FL, 33135

$4,195,000

0 Baths
5,500 SqFt
$763/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
Year Built1925
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11650898
StatusActive

About 1248-1256 SW 3rd St

2 buildings with large car port area in the middle for sale, total lot size over 15k sq ft, 13 units taking in $22k per month and can increase rents. Opportunity to build a new multi family, great covered land play earning income while planning and design.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1925
  • Stories: 2
  • Living Area: 5,500 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Joseph Azar

Interior Features

Interior Information:

  • Flooring Type: Tile

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,195,000
  • Price Per SqFt: $763/SqFt
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Housing Market Comparison

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

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

1248-1256 SW 3rd St vs Miami

93 DAYS ON ROCKET

+33 Days

$4,195,000

+$3.6M More

$763/SqFt

+$371 More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price and $371/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: #A11650898

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Joseph Azar

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: 12/18/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$21K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.6K

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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.

Nearby Schools

school-card-donut-4407420
7
/10
  • Southside Elementary School

  • 45 SW 13th St

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-4407421
10
/10
  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.65 miles

  • Public Charter Grades KG-5

school-card-donut-4407422
3
/10
  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 1.11 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,732. Typical income of Miami, FL residents is between $100k-200k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaMiami-Dade CountyMiami331351248-1256 SW 3rd St

This home is located at 1248-1256 SW 3rd St in Miami, FL and zip code 33135 in the Brickell neighborhood. This 5,500 square foot home was built in 1925. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $4,195,000.

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 inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. 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.

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