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218 NE 111th St, Miami, FL, 33161

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
1,372 SqFt
$474/SqFt
House

Location

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218 NE 111th St, Miami$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1949
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewOther
MLS #A11598490
StatusAccepting Backup Offers
(Active Under Contract)

About 218 NE 111th St

Charming 3 Bed, 2 Bath Single family home priced to sell, located in Tresulee neighborhood, Ideally situated just outside the north end of the prestigious Miami Shores neighborhood, yet with lower taxes! Perfect for investors looking to AIRBNB as it is legal by-right. Also a great long term rental income property. Lots of natural light! Living Area is surrounded by windows on all sides! Windows are Impact! NEW ROOF completed sept 2024. AC is one year old. Kitchen appliances are only a few months old. All bedrooms are a nice size with ample closet space. Charming and quiet back yard completely fenced for privacy with enough space for a new pool!. Centrally located near Barry University, Airports, I-95 Restaurants, and 15 minutes to the beach. GREAT OPPORTUNITY A 'MUST-SEE"!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,372 SqFt

Listing Office:

  • Office Name: Finite Real Estate Corp
  • Office Phone: (954) 647-0910
  • Listing Agent: Michelle Dentico

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Family/Dining Room, First Floor Entry, Living/Dining Room, Main Level Primary, Pantry, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence, Security/High Impact Doors, Lighting, Patio, Room For Pool, Shed

Parking Information:

  • Parking: Driveway, On Street

Virtual/3D Tour

  • Virtual Tour: 218 NE 111th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Hubert O. Sibley K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $474/SqFt

Tax Information:

  • Annual Amount: $4,414
  • 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

218 NE 111th St vs Miami

157 DAYS ON ROCKET

+97 Days

$650,000

+$89.5K More

$474/SqFt

+$84 More

KEY TAKEAWAY

This property is $89.5K more than the Median Sold Price and $84/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: #A11598490

Listing Office:

  • Office Name: Finite Real Estate Corp
  • Office Phone: (954) 647-0910
  • Listing Agent: Michelle Dentico

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: 11/5/2024, 7:20:47 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$4,414$261,213
2018$3,984$202,606
2017$2,096$105,724

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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.

Elementary School

school-card-donut-1998585
4
/10

  • Hubert O. Sibley K-8 Center

  • 255 NW 115th St

  • 0.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1998586
3
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 1.52 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1998587
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 3.22 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,119. Residents of Miami, FL typically earn less than $35k each year. Most families are single, no kids. 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.

Frequently Asked Questions About 218 NE 111th St

What is the listing price of this property?

The listing price of 218 NE 111th St property is $650,000.

What type of property is this?

The property 218 NE 111th St is a house located in Miami, Florida, 33161.

Is this property for sale now?

Accepting Backup Offers: 218 NE 111th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 218 NE 111th St are:
Hubert O. Sibley K-8 Center: GreatSchools Rating 4/10
Horace Mann Middle School: GreatSchools Rating 3/10
Miami Edison Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,414 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 218 NE 111th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 218 NE 111th St is 1,372 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 NE 111th St is 1949.

Rocket Homes›Florida›Miami-Dade County›Miami›33161›218 NE 111th St

This home is located at 218 NE 111th St in Miami, FL and zip code 33161. This 1,372 square foot home was built in 1949. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $650,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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