Duplex - Rare Opportunity in Established neighborhood in SW Miami Dade. DO NOT DISTURB TENANTS! Remodeled turnkey, Fenced, 3 Beds/1 Bath each side with New Roof, Impact Windows, Security Bars, Wood Kitchen Cabinets with Granite Countertops. Potential $6600 monthly Income/ $3300 each side with Section 8. Currently rented under market value to long term tenant's but 1 side will be vacant at closing. Money Making Opportunity for Savvy Investor. Expansive Lot, 10,000 sq ft; Fully Fenced, Offering Ample Space for Development. Potential Income: Rent one Side and Live in the other, or Rent both Units Maximizing your Investment. Enjoy the Convenience of Nearby Main Roads and the State-of-the-Art Amenities at the Community Park, a Hub for Neighbors Activities and Recreation.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
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
$2,165
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
Pine Villa Elementary School
21799 SW 117th Ct
Distance between this listing and this school0.21 miles
Public District Grades PK-5
5
/10
Goulds Elementary School
23555 SW 112th Ave
Distance between this listing and this school0.99 miles
Public District Grades PK-5
5
/10
Caribbean K-8 Center
11990 SW 200th St
Distance between this listing and this school1.38 miles
Public District Grades PK-5
Nearby Schools
4
/10
Palm Glades Preparatory Academy
22655 SW 112th Ave
Distance between this listing and this school0.63 miles
Public Charter Grades 6-8
8
/10
Somerset Academy Silver Palms
23255 SW 115th Ave
Distance between this listing and this school0.70 miles
Public Charter Grades KG-8
5
/10
Coral Reef Montessori Academy Charter
10853 SW 216th St
Distance between this listing and this school0.92 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Arthur and Polly Mays 6-12 Conservatory of The Arts
11700 SW 216th St
Distance between this listing and this school0.31 miles
Public Magnet Grades 6-12
3
/10
Palm Glades Preparatory Academy High School
22655 SW 112th Ave
Distance between this listing and this school0.63 miles
Public Charter Grades 9-12
4
/10
Miami Southridge Senior High School
19355 SW 114th Ave
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $28,189. Most Miami, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 22112 SW 115th Ct in Miami, FL and zip code 33170 in the Goulds - East neighborhood. This 1,300 square foot home was built in 1961. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $699,900.
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. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. In October 2024 median list price was $560,436 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.