StatusAccepting Backup Offers (Active Under Contract)
About 2431 NW 23rd St
Discover an exceptional investment opportunity at 2431 NW 23rd Street, centrally positioned in the bustling Allapatah district. This property offers an attractive proposition for investors aiming to enhance their portfolio with a high cap rate and substantial profitability. Boasting a strategic location, it ensures easy access to key amenities, transportation hubs, and thriving commercial centers, further enhancing its appeal. Long Term tenants in place. Don't miss out on the chance to capitalize on this promising asset in one of Miami's most dynamic neighborhoods
Property Details
Property Features
Property Information:
Architectural Style: Ranch, One Story
Year Built: 1947
Stories: 1
Living Area: 1,904 SqFt
Listing Office:
Office Name: Compass Florida, LLC.
Office Phone: (305) 851-2820
Listing Agent: Renier Casanova
Interior Features
Interior Information:
Appliances: Electric Range
Flooring Type: Tile
Interior: Bedroom on Main Level, First Floor Entry
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
View: None
Exterior: Other
Parking Information:
Parking: Driveway
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $725,000
Price Per SqFt: $381/SqFt
Tax Information:
Annual Amount: $5,008
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Miami, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,686
Per Month
Principal & Interest
$3,619
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
$2,240
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 school0.63 miles
Public District Grades PK-5
5
/10
Mater International Academy
3405 NW 27th Ave
Distance between this listing and this school0.67 miles
Public Charter Grades KG-5
6
/10
Maya Angelou Elementary School
1850 NW 32nd St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
Nearby Schools
3
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school1.47 miles
Public District Grades 6-8
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school1.55 miles
Public District Grades 6-8
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.72 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 school1.05 miles
Public Magnet Grades 9-12
1
/10
Green Springs High School
3555 NW 7th St
Distance between this listing and this school1.66 miles
Public Charter Grades 9-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $26,108. The most common annual income of people living in Miami, FL is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2431 NW 23rd St
What is the listing price of this property?
The listing price of 2431 NW 23rd St property is $725,000.
What type of property is this?
The property 2431 NW 23rd St is a house located in Miami, Florida, 33142.
Is this property for sale now?
Accepting Backup Offers: 2431 NW 23rd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,008 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2431 NW 23rd St has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 2431 NW 23rd St is 1,904 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2431 NW 23rd St is 1947.
This home is located at 2431 NW 23rd St in Miami, FL and zip code 33142 in the Civic Center neighborhood. This 1,904 square foot home was built in 1947. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $725,000.
In November 2024, from all listings sold in Miami, FL there were more than 38 sold above asking price, over 445 sold below and more than 112 were sold right at the asked price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. In November 2024 median list price was $565,671 and the average listing age was 60 days.
From Rocket Homes Real Estate and based on county public records data.