Shovel ready, 20 Unit development opportunity in the heart of Allapattah. This prime development site is located less than 2 miles away from bustling Wynwood area. With permits in hand and plans ready to go, this is the perfect investment for developers looking for a low risk project with high upside. Allapatah is one of Miami's fastest growing neighborhoods, offering both residential and commercial appeal. Don't miss out on this excellent investment opportunity!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,805
Per Month
Principal & Interest
$6,738
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
$4,114
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
4
/10
Comstock Elementary School
2420 NW 18th Ave
Distance between this listing and this school0.06 miles
Public District Grades PK-5
6
/10
Maya Angelou Elementary School
1850 NW 32nd St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
5
/10
Santa Clara Elementary School
1051 NW 29th Ter
Distance between this listing and this school0.98 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.20 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.39 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.49 miles
Public District Grades 6-8
Nearby Schools
3
/10
Miami Jackson Senior High School
1751 NW 36th St
Distance between this listing and this school0.81 miles
Public Magnet Grades 9-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school1.53 miles
Public Charter Grades 9-12
3
/10
Mater Virtual Academy Charter Middle/High School
601 NW 12th Ave
Distance between this listing and this school1.55 miles
The neighbors living near this home have an average income of $24,253. Most Miami, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1872 NW 24th St
What is the listing price of this property?
The listing price of 1872 NW 24th St property is $1,350,000.
What type of property is this?
The property 1872 NW 24th St is land located in Miami, Florida, 33142.
Is this property for sale now?
Active Listing: 1872 NW 24th 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 $2,741 (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 1872 NW 24th St in Miami, FL and zip code 33142 in the Civic Center neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,350,000.
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 listings 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.
© 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.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
H&M
Burlington
Foot Locker
Boston Market
White Castle
Little Caesars
Honda
Kia
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary