2 months on rocket

1330 NE 117th Ter, Miami, FL, 33161

$880,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,300 SqFt
$383/SqFt
Multi

Location

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1330 NE 117th Ter, Miami$880,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2004
HeatingCentral
CoolingCentral Air
MLS #A11661079
StatusActive

About 1330 NE 117th Ter

CASH COW TURN KEY TENANTED DUPLEX!! $5,446 RENTAL INCOME. 3/2 each unit. Section 8 stable income. 2 car parking on each unit driveway (total 4 car parking spaces). Prime Location blocks from Biscayne Blvd. Fully remodeled with Italian kitchen & quartz countertops, tile floors & recessed lighting, laundry inside, stainless steel appliances, new doors & separate meters. Please take a look at the VIRTUAL TOUR which shows the INTERIOR VIDEO. Units are identical. This great income-producing investment opportunity will not last!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Alan Karan

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $880,000
  • Price Per SqFt: $383/SqFt

Tax Information:

  • Annual Amount: $7,009
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

1330 NE 117th Ter vs Miami

64 DAYS ON ROCKET

+4 Days

$880,000

+$319.5K More

$383/SqFt

-$7 Less

KEY TAKEAWAY

This property is $319.5K more than the Median Sold Price and $7/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11661079

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Alan Karan

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, 4:20:49 PM 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$7,009$338,985
2018$5,203$226,550
2017$4,750$228,517

History based on county public records data.

Payment Calculator

$4,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,705

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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-363229
5
/10
  • W. J. Bryan Elementary School

  • 1201 NE 125th St

  • 0.55 miles

  • Public Magnet Grades PK-5

school-card-donut-363230
7
/10
  • Miami Shores Elementary School

  • 10351 NE 5th Ave

  • 1.35 miles

  • Public District Grades PK-5

school-card-donut-363231
7
/10
  • Arch Creek Elementary School

  • 702 NE 137th St

  • 1.46 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,211. Typical income of Miami, FL residents is less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Miami, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Miami, FL?

Miami's housing market is vibrant and diverse, with a mix of luxurious high-rise condos, charming Art Deco apartments, and sprawling waterfront estates. Single-family homes, which make up a significant portion of the market, often showcase a blend of Mediterranean Revival and modern architectural styles. The city's homeownership rate is robust, with a substantial number of residents investing in property, while the remainder of the population opts for the flexibility of renting.

Is Miami, FL a good place to live?

Miami is celebrated for its dynamic cultural scene and lively atmosphere. The city prides itself on being a melting pot of cultures, which is reflected in its vibrant neighborhoods, each with its own unique flair. Annual events like the Calle Ocho Festival and Art Basel Miami Beach highlight the community's rich artistic heritage and diverse cultural identity.

Are things conveniently located in Miami, FL?

The community benefits from a well-rounded array of services, including a network of public and private schools that cater to a range of educational needs. Miami is home to several major hospitals, offering comprehensive healthcare services from emergency care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining options abound, featuring everything from high-end boutiques to local eateries that serve up a taste of Miami's diverse culinary landscape.

What does the transportation in Miami, FL look like?

Miami's transportation infrastructure is designed to accommodate both residents and visitors. The city offers a variety of public transit options, including the Metrorail, Metromover, and Metrobus systems, with schedules that cater to commuters and those traveling within the city. Ride-sharing services are readily available, enhancing mobility for those who prefer not to drive. The city is also focused on improving walkability and bikeability, particularly in areas like Downtown and Miami Beach. Major highways such as I-95 and the Dolphin Expressway facilitate travel in and out of the city, with ongoing projects aimed at enhancing traffic flow and reducing congestion.

Rocket HomesFloridaMiami-Dade CountyMiami331611330 NE 117th Ter

This home is located at 1330 NE 117th Ter in Miami, FL and zip code 33161. This 2,300 square foot home was built in 2004. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $880,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. 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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