new - 3 days on rocket

240 SW 55th Ave, Miami, FL, 33134

$785,000

Home List Price

$9,322*

Closing Credit

6 Bedrooms
4 Full Baths
2,901 SqFt
$271/SqFt
House

Location

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240 SW 55th Ave, Miami$785,000

Buyer Closing Credits

$9,322*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, On Street
Year Built1951
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewNone
MLS #A11690676
StatusActive

About 240 SW 55th Ave

Enchanting 6-bed 4 bath fenced corner lot home located on the edge of Coral Gables. Perfect for a family with in-laws. Carport for parking. In-law quarters has a separate entrance. NO HOA! Home needs some updates but has tremendous potential. All alterations to the original structure completed with permits. Brand NEW electrical panel, water heater and air conditioning unit, roof approximately 10 years old and some impact windows. A blank canvas ready for renovation. Perfect for an investor looking to finish a project. Great location close to Miracle Mile, UM Campus, Granada golf course, Downtown, Brickell, Airport & Public Transportation. Live in main house and Airbnb in-law quarters for great income potential! Nearby new homes are selling for $1.3M+ such as 4501 SW 4th St. Owner/Agent

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1951
  • Stories: 1
  • Living Area: 2,901 SqFt

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Sherrie Lee

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Split Bedrooms, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence

Parking Information:

  • Parking: Attached Carport, On Street

Virtual/3D Tour

  • Virtual Tour: 240 SW 55th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: USE GPS. FROM FLAGLER STREET GO SOUTH ON TO SW 55 AVENUE. FROM 8TH STREET TURN NORTH ON TO SW 55 AVENUE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,000
  • Price Per SqFt: $271/SqFt
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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

240 SW 55th Ave vs Miami

3 DAYS ON ROCKET

-57 Days

$785,000

+$224.5K More

$271/SqFt

-$119 Less

KEY TAKEAWAY

This property is $224.5K more than the Median Sold Price and $119/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11690676

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Sherrie Lee

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: 11/15/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

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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.

Nearby Schools

school-card-donut-390429
6
/10

  • Henry M. Flagler Elementary School

  • 5222 NW 1st St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-390430
6
/10

  • Fairlawn Elementary School

  • 444 SW 60th Ave

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-390431
8
/10

  • Sylvania Heights Elementary School

  • 5901 SW 16th St

  • 0.99 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,740. Typical income of Miami, FL residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 SW 55th Ave

What is the listing price of this property?

The listing price of 240 SW 55th Ave property is $785,000.

What type of property is this?

The property 240 SW 55th Ave is a house located in Miami, Florida, 33134.

Is this property for sale now?

Active Listing: 240 SW 55th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 240 SW 55th Ave has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 240 SW 55th Ave is 2,901 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 SW 55th Ave is 1951.

Rocket Homes›Florida›Miami-Dade County›Miami›33134›240 SW 55th Ave

This home is located at 240 SW 55th Ave in Miami, FL and zip code 33134 in the West Flagler neighborhood. This 2,901 square foot home was built in 1951. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $785,000.

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 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.

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