2 months on rocket

250 NW 98th St, Miami, FL, 33150

$459,000

Home List Price

$5,451*

Closing Credit

0 Baths
1,548 SqFt
$297/SqFt
Multi

Location

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250 NW 98th St, Miami$459,000

Buyer Closing Credits

$5,451*

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
Virtual Tour

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Hubert O. Sibley K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,000
  • Price Per SqFt: $297/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.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

250 NW 98th St vs Miami

62 DAYS ON ROCKET

+2 Days

$459,000

-$101.4K Less

$297/SqFt

-$93 Less

KEY TAKEAWAY

This property is $101.4K less than the Median Sold Price and $93/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: 11/5/2024, 6:20:47 AM 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

$2,358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,443

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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.

Elementary School

school-card-donut-1922525
4
/10
  • Hubert O. Sibley K-8 Center

  • 255 NW 115th St

  • 1.14 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1922526
3
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 0.57 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1922527
3
/10
  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 2.29 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,227. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is single, no kids. Typical level of education for residents 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 HomesFloridaMiami-Dade CountyMiami33150250 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 $459,000.

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 homes for sale 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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