new - 2 days on rocket

3250 NE 1st Ave Unit 505, Miami, FL, 33137

$685,000

Home List Price

$8,134*

Closing Credit

2 Bedrooms
2 Full Baths
1,082 SqFt
$633/SqFt
Condo

Location

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3250 NE 1st Ave Unit 505, Miami$685,000

Buyer Closing Credits

$8,134*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built2007
HeatingCentral
CoolingCentral Air
ViewGarden, Other
MLS #A11711692
StatusActive

About 3250 NE 1st Ave Unit 505

SHORT-TERM RENTALS ALLOWED!!.RENT NIGHTLY! AIRBNB & VRBO permitted and certificate! CORNER UNIT. Short Rent Allow!. 2 Beds, 2 baths, exquisitely finished.Fully equipped. Tile Floors. 01 Parking Space included in sale. Washer/Dryer in unit. Long and spacious terrace in the unit .This is the perfect income producing/owner user option, investment in the heart of MIDTOWN. Easy access to public transportation, I-195. Minutes from the Miami Airport & South Beach. Outstanding location to live, to rent for Long term and Short Rent approved building. Must see it! Generate income upon closing and use whenever you visit!.Spectacular opportunity to purchase. Please Submit the Offer with proof of funds.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 1,082 SqFt

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Ricardo Arosemena

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Closet Cabinetry, First Floor Entry, Other, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Balcony, Barbecue, Patio

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 3250 NE 1st Ave Unit 505
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $685,000
  • Price Per SqFt: $633/SqFt

HOA Fees:

  • Amount: $1025
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

3250 NE 1st Ave Unit 505 vs Miami

2 DAYS ON ROCKET

-58 Days

$685,000

+$119.3K More

$633/SqFt

+$241 More

KEY TAKEAWAY

This property is $119.3K more than the Median Sold Price and $241/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: #A11711692

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Ricardo Arosemena

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: 12/21/2024, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,120

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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-687508
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-687509
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.87 miles

  • Public Charter Grades KG-5

school-card-donut-687510
7
/10
  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.99 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,195. Residents of Miami, FL typically earn between $35k-100k each year. Typical family type is 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 3250 NE 1st Ave Unit 505

What is the listing price of this property?

The listing price of 3250 NE 1st Ave Unit 505 property is $685,000.

What type of property is this?

The property 3250 NE 1st Ave Unit 505 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 3250 NE 1st Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3250 NE 1st Ave Unit 505 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3250 NE 1st Ave Unit 505 is 1,082 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3250 NE 1st Ave Unit 505 is 2007.

Rocket HomesFloridaMiami-Dade CountyMiami331373250 NE 1st Ave Unit 505

This home is located at 3250 NE 1st Ave Unit 505 in Miami, FL and zip code 33137. This 1,082 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $685,000.

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. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 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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