Great opportunity to purchase an 8,700 square foot residential vacant lot in the Pine Lake West neighborhood. Ready for a new single family home! Close to the turnpike.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,789
Per Month
Principal & Interest
$1,722
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
$1,101
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
6
/10
Miami Heights Elementary School
17661 SW 117th Ave
Distance between this listing and this school0.39 miles
Public District Grades PK-5
6
/10
Pine Lake Elementary School
16700 SW 109th Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
6
/10
Colonial Drive Elementary School
10755 SW 160th St
Distance between this listing and this school1.19 miles
Public District Grades PK-5
Nearby Schools
7
/10
Academir Charter School Preparatory
19185 SW 127th Ave
Distance between this listing and this school1.79 miles
Public Charter Grades KG-8
5
/10
Richmond Heights Middle School
15015 SW 103rd Ave
Distance between this listing and this school1.94 miles
Public Magnet Grades 6-8
7
/10
Somerset Academy Charter Middle School
18491 SW 134th Ave
Distance between this listing and this school1.99 miles
Public Charter Grades 6-8
Nearby Schools
6
/10
Robert Morgan Educational Center
18180 SW 122nd Ave
Distance between this listing and this school0.87 miles
Public Magnet Grades 9-12
1
/10
Secondary Student Success Center 803
18180 SW 122nd Ave
Distance between this listing and this school0.90 miles
Public District Grades 6-12
4
/10
Miami Southridge Senior High School
19355 SW 114th Ave
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $77,471. The most common annual income of people living in Miami, FL is between $35k-100k. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 17121 SW 116th Ave
What is the listing price of this property?
The listing price of 17121 SW 116th Ave property is $345,000.
What type of property is this?
The property 17121 SW 116th Ave is land located in Miami, Florida, 33157.
Is this property for sale now?
Active Listing: 17121 SW 116th Ave 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 $1,206 (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 17121 SW 116th Ave in Miami, FL and zip code 33157 in the South Miami Heights neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $345,000.
Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. Between October 2024 and November 2024, Miami, FL real estate market has seen increase in the number of listings by 6.7%. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.
From Rocket Homes Real Estate and based on county public records data.