1 month on rocket

1647 NW 29th Ave, Miami, FL, 33125

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,010 SqFt
$473/SqFt
Multi

Location

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1647 NW 29th Ave, Miami$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1967
HeatingCentral, Wall Furnace
CoolingCentral Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
MLS #A11675030
StatusActive

About 1647 NW 29th Ave

Incredible Income-Producing Fourplex! Welcome to 1647 NW 29th Ave—a rare find in the heart of the city! This one-story Fourplex is a turn-key investment opportunity, offering 5 bedrooms and 4 full bathrooms across four fully furnished units, each equipped with all necessary appliances. Perfect for Airbnb or short-term rentals, this property has been performing with great results for over 2 years, making it ideal for maximizing returns. Located just minutes from Miami Freedom Park, future home of the Inter Miami Soccer Stadium. Don’t miss this hassle-free, highly desirable property. Call today to schedule a showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1967
  • Stories: 1
  • Living Area: 2,010 SqFt

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 323-6036
  • Listing Agent: Orlando Leon

Interior Features

Interior Information:

  • Flooring Type: Laminate

Virtual/3D Tour

  • Virtual Tour: 1647 NW 29th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head west on SE 1st St. Turn right onto N Miami Ave and continue for 1 mile. Turn left onto NW 14th St, then right onto NW 12th Ave. After 1 mile, turn left onto NW 20th St. Turn right onto NW 29th Ave and continue for 0.7 miles.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $473/SqFt

Tax Information:

  • Annual Amount: $7,414
  • Tax Year: 2020
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Housing Market Comparison

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

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

1647 NW 29th Ave vs Miami

36 DAYS ON ROCKET

-24 Days

$950,000

+$389.5K More

$473/SqFt

+$83 More

KEY TAKEAWAY

This property is $389.5K more than the Median Sold Price and $83/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: #A11675030

Listing Office:

  • Office Name: The Keyes Company
  • Office Phone: (305) 323-6036
  • Listing Agent: Orlando Leon

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, 5:20:47 AM 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$7,414$266,062
2018$5,137$212,592
2017$4,660$219,773

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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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-188481
5
/10

  • Kensington Park Elementary School

  • 711 NW 30th Ave

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-188482
4
/10

  • Citrus Grove Elementary School

  • 2121 NW 5th St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-188483
4
/10

  • Comstock Elementary School

  • 2420 NW 18th Ave

  • 1.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,736. The majority of Miami, FL residents have income less than $35k annually. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33125›1647 NW 29th Ave

This home is located at 1647 NW 29th Ave in Miami, FL and zip code 33125 in the Grapeland neighborhood. This 2,010 square foot home was built in 1967. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $950,000.

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 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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