27 days on rocket

405 SW 11th Ave, Miami, FL, 33130

$1,580,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,554 SqFt
$445/SqFt
Multi

Location

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405 SW 11th Ave, Miami$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1922
HeatingNone
CoolingCentral Air
MLS #A11672587
StatusActive

About 405 SW 11th Ave

**BUILDERS , DEVELOPERS, and CHILDCARE PROVIDERS** This property is your chance to unlock endless possibilities in one of Miami's most vibrant neighborhoods - Little Havana. Currently operating as a Duplex, the Seller is willing to lease-back while permits are secured, offering instant cash flow and **OWNER-FINANCING** to the right Buyer. Originally owned by the historic Milam family, this home comes with no historical preservation constraints, giving you full freedom to redevelop. Zoned T4-R, it allows for Medium-Density Multifamily Housing by right and a Childcare Facility, Elementary School, or Pre-School by exception. Don’t miss this chance—call the Listing Agents today!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2
  • Living Area: 3,554 SqFt

Listing Office:

  • Office Name: Engel & Völkers Miami
  • Office Phone: (305) 913-5499
  • Listing Agent: Angela Pulgar

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile, Wood

Exterior Features

Exterior Information:

  • Exterior: Enclosed Porch, Fence, Fruit Trees, Lighting, Storm/Security Shutters

Virtual/3D Tour

  • Virtual Tour: 405 SW 11th Ave
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
  • Price Per SqFt: $445/SqFt

Tax Information:

  • Annual Amount: $10,516
  • 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

405 SW 11th Ave vs Miami

27 DAYS ON ROCKET

-33 Days

$1,580,000

+$1.0M More

$445/SqFt

+$55 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $55/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: #A11672587

Listing Office:

  • Office Name: Engel & Völkers Miami
  • Office Phone: (305) 913-5499
  • Listing Agent: Angela Pulgar

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: 11/21/2024, 6:20:48 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$10,516$570,578
2018$10,663$472,804
2017$8,968$426,206

History based on county public records data.

Payment Calculator

$7,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,803

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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-199838
3
/10
  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.14 miles

  • Public District Grades PK-5

school-card-donut-199839
3
/10
  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.15 miles

  • Public Charter Grades KG-5

school-card-donut-199840
10
/10
  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.64 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,198. Residents of Miami, FL typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami33130405 SW 11th Ave

This home is located at 405 SW 11th Ave in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 3,554 square foot home was built in 1922. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $1,580,000.

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. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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