This vacant lot, strategically situated within an Opportunity Zone, presents a prime investment opportunity in a rapidly growing neighborhood. Boasting significant frontage on a major street, the property offers excellent visibility and accessibility, making it an ideal location for a multifamily development. Ideal for innovative real estate projects. Land is situated within the Model City Urban Center District (MCUCD) with a density of 90 units per acre and a maximum height of 10 floors. Nestled in Miami's heart, this parcel offers significant potential for residential development that aligns with the citys growing market dynamics. This lot is Adjacent to notable projects like The Related’s Lincoln Gardens, just 2 blocks away, showcasing the area's upscale development.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
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
$2,465
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
5
/10
Lorah Park Elementary School
5160 NW 31st Ave
Distance between this listing and this school0.49 miles
Public District Grades PK-5
5
/10
Mater International Academy
3405 NW 27th Ave
Distance between this listing and this school0.61 miles
Public Charter Grades KG-5
6
/10
Melrose Elementary School
3050 NW 35th St
Distance between this listing and this school0.61 miles
Public District Grades PK-5
Nearby Schools
3
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school0.47 miles
Public District Grades 6-8
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.46 miles
Public District Grades 6-8
3
/10
Miami Springs Middle School
150 S Royal Poinciana Blvd
Distance between this listing and this school1.96 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Miami Jackson Senior High School
1751 NW 36th St
Distance between this listing and this school1.04 miles
Public Magnet Grades 9-12
1
/10
Alternative Outreach Program
9040 SW 79th Ave
Distance between this listing and this school1.16 miles
Public District Grades KG-12
8
/10
Academy for International Education Upper Charter School for
1080 La Baron Dr
Distance between this listing and this school2.01 miles
The neighbors living near this home have an average income of $33,667. Residents of Miami, FL typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2895 NW 45th St
What is the listing price of this property?
The listing price of 2895 NW 45th St property is $800,000.
What type of property is this?
The property 2895 NW 45th St is land located in Miami, Florida, 33142.
Is this property for sale now?
Active Listing: 2895 NW 45th St 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 $2,519 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2895 NW 45th St in Miami, FL and zip code 33142 in the Liberty City neighborhood. This home sits on a 0.02 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $800,000.
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. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.
© 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.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
H&M
Burlington
Ross Dress For Less
Boston Market
White Castle
Jack In The Box
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary