3 months on rocket

231 NE 48th Ter, Miami, FL, 33137

$1,399,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,476 SqFt
$949/SqFt
House

Location

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231 NE 48th Ter, Miami$1,399,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built1945
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11643723
StatusActive

About 231 NE 48th Ter

Design District Bungalow - great location and family-friendly layout. This charming 3 bedroom 2 bath home is located in the historic Buena Vista neighborhood. Your opportunity to live within walking distance of Miami’s Design District. Centrally located with easy access to Midtown Miami Shopping, Wynwood Entertainment District, Downtown Miami, and South Beach. The perfect home for homebuyers looking for a creative sanctuary. Beautifully restored hardwood floors, a large kitchen, a formal dining room, and an attached garage. The large private backyard with a 10-foot bamboo green wall and wooden fence is perfect for gardening and entertainment. The house faces south and is situated on a quiet residential street in the coveted Zone X, which is a minimum-risk flood zone.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1945
  • Stories: 1
  • Living Area: 1,476 SqFt

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Michael Gorey

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, First Floor Entry, Fireplace, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Barbecue, Fence, Fruit Trees, Room For Pool, Storm/Security Shutters, Awning(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 231 NE 48th Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,999
  • Price Per SqFt: $949/SqFt

Tax Information:

  • Annual Amount: $1,960
  • 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

231 NE 48th Ter vs Miami

96 DAYS ON ROCKET

+36 Days

$1,399,999

+$839.5K More

$949/SqFt

+$559 More

KEY TAKEAWAY

This property is $839.5K more than the Median Sold Price and $559/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: #A11643723

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Michael Gorey

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: 11/23/2024, 8:20:48 PM 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$1,960$115,835
2018$1,828$111,120
2017$1,801$108,835

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-974640
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-974641
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-974642
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.17 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,625. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 231 NE 48th Ter

What is the listing price of this property?

The listing price of 231 NE 48th Ter property is $1,399,999.

What type of property is this?

The property 231 NE 48th Ter is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 231 NE 48th Ter 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 $1,960 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 231 NE 48th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 231 NE 48th Ter is 1,476 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 231 NE 48th Ter is 1945.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›231 NE 48th Ter

This home is located at 231 NE 48th Ter in Miami, FL and zip code 33137 in the Brentwood neighborhood. This 1,476 square foot home was built in 1945. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $1,399,999.

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 inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. 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.

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