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307 NE 116th St, Miami, FL, 33161

$829,000

Home List Price

$9,844*

Closing Credit

3 Bedrooms
2 Full Baths
1,620 SqFt
$512/SqFt
House

Location

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307 NE 116th St, Miami$829,000

Buyer Closing Credits

$9,844*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1962
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewGarden, Other
MLS #A11697440
StatusAccepting Backup Offers
(Active Under Contract)

About 307 NE 116th St

This spacious fully updated home features an open floor plan w/porcelain floors, open beamed ceilings and great flow between indoor and outdoor living areas. The expansive four seasons screened/walled sunroom is perfect for hosting lively gatherings or enjoying a peaceful quiet night. 3 Br./2 Ba., primary suite with walk-in closet. Secondary pantry and laundry room off the kitchen opens to a fully covered car port. Impact windows/doors, roof approx. 10 yrs., and 2019 AC. Situated on an 8,500 sq. ft. fenced lot and conveniently located less than 5 minutes from the prestigious Miami Country Day School, a Blue Ribbon School of Excellence recipient. Enjoy the proximity to the Miami Shores Golf Course, top-notch restaurants and entertainment, and all the wonders of magical Miami!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Ranch, One Story
  • Year Built: 1962
  • Stories: 1
  • Living Area: 1,620 SqFt

Listing Office:

  • Office Name: BrokerNation Real Estate
  • Office Phone: (305) 602-4410
  • Listing Agent: Laura Graves

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Ice Maker, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Fence, Security/High Impact Doors, Other

Parking Information:

  • Parking: Driveway, On Street

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: NE 6th Avenue to North on W. Biscayne Canal Road. West onto NE 116th Street. Home is about a block up on the right/north side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $829,000
  • Price Per SqFt: $512/SqFt

Tax Information:

  • Annual Amount: $5,802
  • 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

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

307 NE 116th St vs Miami

31 DAYS ON ROCKET

-29 Days

$829,000

+$263.3K More

$512/SqFt

+$120 More

KEY TAKEAWAY

This property is $263.3K more than the Median Sold Price and $120/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: #A11697440

Listing Office:

  • Office Name: BrokerNation Real Estate
  • Office Phone: (305) 602-4410
  • Listing Agent: Laura Graves

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: 12/23/2024, 2:20:50 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$5,802$340,055
2018$5,432$326,967
2017$3,734$225,958

History based on county public records data.

Payment Calculator

$4,205

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,552

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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-1131072
5
/10

  • Gratigny Elementary School

  • 11905 N Miami Ave

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-1131073
5
/10

  • Hubert O. Sibley K-8 Academy

  • 255 NW 115th St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-1131074
7
/10

  • Miami Shores Elementary School

  • 10351 NE 5th Ave

  • 0.86 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 $44,156. Typical income of Miami, FL residents is between $35k-100k annually. 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

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.

Frequently Asked Questions About 307 NE 116th St

What is the listing price of this property?

The listing price of 307 NE 116th St property is $829,000.

What type of property is this?

The property 307 NE 116th St is a house located in Miami, Florida, 33161.

Is this property for sale now?

Accepting Backup Offers: 307 NE 116th 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 $5,802 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 307 NE 116th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 307 NE 116th St is 1,620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 307 NE 116th St is 1962.

Rocket Homes›Florida›Miami-Dade County›Miami›33161›307 NE 116th St

This home is located at 307 NE 116th St in Miami, FL and zip code 33161. This 1,620 square foot home was built in 1962. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $829,000.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. 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.

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