2 months on rocket

250 NW 98th St, Miami, FL, 33150

$449,000

Home List Price

$5,332*

Closing Credit

0 Baths
1,548 SqFt
$290/SqFt
Multi

Location

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250 NW 98th St, Miami$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1953
HeatingCentral, Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
MLS #A11652415
StatusActive

About 250 NW 98th St

Excellent opportunity for a handyman, investor or first-time home buyer to get into this affordable neighborhood next to El Portal and Miami Shores. Dual zoning, can be either single family or duplex. Needs a full renovation but has an amazing after renovated value above $640k. Dual zoning. Currently set up legally as a 2/1 in main house and a 1/1 in the rear. 2 meters, 2 AC's. Owner occupied and one tenant paying $1k per month-month in back. All copper plumbing. Septic cleaned. Original pine wood floors. Wholesale financing available for qualified primary buyers with a starter rate of 4.875% APR.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 1,548 SqFt

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Michael Marks

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • Exterior: Fence, Room For Pool

Virtual/3D Tour

  • Virtual Tour: 250 NW 98th St
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Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $4,071
  • 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

250 NW 98th St vs Miami

80 DAYS ON ROCKET

+20 Days

$449,000

-$111.4K Less

$290/SqFt

-$100 Less

KEY TAKEAWAY

This property is $111.4K less than the Median Sold Price and $100/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: #A11652415

Listing Office:

  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (305) 757-1700
  • Listing Agent: Michael Marks

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: 11/22/2024, 10:20:48 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$4,071$105,897
2018$3,924$101,587
2017$3,905$99,498

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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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-743791
5
/10

  • Van E. Blanton Elementary School

  • 10327 NW 11th Ave

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-743792
7
/10

  • Miami Shores Elementary School

  • 10351 NE 5th Ave

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-743793
5
/10

  • Hubert O. Sibley K-8 Academy

  • 255 NW 115th St

  • 1.11 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 $36,227. The majority of Miami, FL residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

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.

Rocket Homes›Florida›Miami-Dade County›Miami›33150›250 NW 98th St

This home is located at 250 NW 98th St in Miami, FL and zip code 33150. This 1,548 square foot home was built in 1953. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $449,000.

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%. 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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