DUPLEX INVESTMENT OPPORTUNITY in the HEART of MIAMI!!! 2 UNITS, 2 BEDROOM /1 BATH Each. (LOT is 6500 SQ FT) Both units attributes its own private entrance with parking for privacy and convenience. Additional parking on the street. All windows are High Impact Windows. Within minutes from MIAMI CENTRAL CITY, and FUTURE LOCATION of MIAMI FREEDOM PARK! Great Schools, Wonderful Location for AIRBNB, Minutes away from Downtown Miami, Coral Gables, and Miami International Airport. Zoned 0802 MULTIFAMILY 2-9 UNITS. (Rent in the area $2500-$2800 per Unit) Units are currently vacant.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,310
Per Month
Principal & Interest
$4,243
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
$2,615
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
Kensington Park Elementary School
711 NW 30th Ave
Distance between this listing and this school0.68 miles
Public District Grades PK-5
4
/10
Auburndale Elementary School
3255 SW 6th St
Distance between this listing and this school0.74 miles
Public District Grades PK-5
6
/10
Kinlock Park Elementary School
4275 NW 1st St
Distance between this listing and this school0.81 miles
Public District Grades PK-5
Nearby Schools
4
/10
Kinloch Park Middle School
4340 NW 3rd St
Distance between this listing and this school0.86 miles
Public District Grades 6-8
6
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school1.25 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school1.30 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Green Springs High School
3555 NW 7th St
Distance between this listing and this school0.19 miles
Public Charter Grades 9-12
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school1.13 miles
Public Magnet Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $26,058. The most common annual income of people living in Miami, FL is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 416 NW 35th Ave in Miami, FL and zip code 33125 in the Auburdale neighborhood. This 1,560 square foot home was built in 1954. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $850,000.
While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. 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.