8 months on rocket

2951 SW 24th Ter, Miami, FL, 33145

$875,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,011 SqFt
$865/SqFt
House

Location

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2951 SW 24th Ter, Miami$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1951
HeatingNone
CoolingCentral Air, Wall/Window Unit(s)
ViewOther
MLS #A11540093
StatusActive

About 2951 SW 24th Ter

Unique Development Opportunity next to Coconut Grove! Expansive lot with dual access from both front and rear streets, a prime canvas for realizing your dream Duplex, thanks to T3-O Zoning Code. Unbeatable location! Nestled in The Pines, a coveted neighborhood just blocks away from the new Grove Central Shops and Coconut Grove, and a short drive to the University of Miami, Coral Gables, Coral Way, Brickell, Downtown Miami and all of the best our city has to offer. The charming 2-bed, 1-bath house boasts an attached studio & 1 bathroom, tile floors, covered terrace, carport, lush vegetation with fruit trees, and a majestic live oak. Unlock the full potential of this property - whether crafting your perfect home or strategic investment, this gem awaits your visionary touch!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,011 SqFt

Listing Office:

  • Office Name: Elite Sales Group
  • Office Phone: (305) 554-1544
  • Listing Agent: Daniel Echague

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence, Fruit Trees, Patio, Shed

Parking Information:

  • Parking: Driveway, On Street

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Coral Gables Senior High School, Public Magnet Grades 9-12
  • Ponce De Leon Middle School, Public Magnet Grades 6-8
  • Silver Bluff Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $865/SqFt

Tax Information:

  • Annual Amount: $1,432
  • 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

2951 SW 24th Ter vs Miami

250 DAYS ON ROCKET

+190 Days

$875,000

+$314.5K More

$865/SqFt

+$475 More

KEY TAKEAWAY

This property is $314.5K more than the Median Sold Price and $475/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11540093

Listing Office:

  • Office Name: Elite Sales Group
  • Office Phone: (305) 554-1544
  • Listing Agent: Daniel Echague

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: 11/4/2024, 3:20:52 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$1,432$91,049
2018$1,330$87,343
2017$1,308$85,547

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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-1597662
3
/10
  • Silver Bluff Elementary School

  • 2609 SW 25th Ave

  • 0.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1597663
5
/10
  • Ponce De Leon Middle School

  • 5801 Augusto St

  • 2.83 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1597664
5
/10
  • Coral Gables Senior High School

  • 450 Bird Rd

  • 1.60 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,957. Residents of Miami, FL typically earn between $35k-100k each year. The majority of 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 2951 SW 24th Ter

What is the listing price of this property?

The listing price of 2951 SW 24th Ter property is $875,000.

What type of property is this?

The property 2951 SW 24th Ter is a house located in Miami, Florida, 33145.

Is this property for sale now?

Active Listing: 2951 SW 24th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2951 SW 24th Ter are:
Silver Bluff Elementary School: GreatSchools Rating 3/10
Ponce De Leon Middle School: GreatSchools Rating 5/10
Coral Gables Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,432 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2951 SW 24th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2951 SW 24th Ter is 1,011 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2951 SW 24th Ter is 1951.

Rocket HomesFloridaMiami-Dade CountyMiami331452951 SW 24th Ter

This home is located at 2951 SW 24th Ter in Miami, FL and zip code 33145 in the Douglas Park neighborhood. This 1,011 square foot home was built in 1951. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $875,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. 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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