Discover an incredible investment opportunity with this well-maintained multifamily property in a thriving neighborhood within an Opportunity Zone. This property is an ideal addition to any investment portfolio with a strong rental. Enjoy the benefits of being in a desirable area, amenities, parks, and public transportation. Just 10 minutes from Wynwood, this property presents a prime chance history and low to secure a pro vacancy rates, close to local missing investment in a growing market. Don't miss out--schedule your showing today!
This property is $239.5K more than the Median Sold Price and $219/SqFt less than other homes in Miami, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11031506
Listing Office:
Office Name: LPT Realty, LLC
Office Phone: (877) 366-2213
Listing Agent: Ana V Bracamonte
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,060
Per Month
Principal & Interest
$3,993
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
$2,465
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
6
/10
Morningside K-8 Academy
6620 NE 5th Ave
Distance between this listing and this school0.42 miles
Public Magnet Grades PK-5
7
/10
Toussaint L'Ouverture Elementary School
120 NE 59th St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
7
/10
Edison Park K-8 Center
500 NW 67th St
Distance between this listing and this school0.72 miles
Public District Grades PK-5
Nearby Schools
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school1.49 miles
Public Magnet Grades 6-8
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school2.07 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school2.25 miles
Public District Grades 6-8
Nearby Schools
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school0.55 miles
Public Magnet Grades 9-12
3
/10
Miami Edison Senior High School
6161 NW 5th Ct
Distance between this listing and this school0.80 miles
Public Magnet Grades 9-12
4
/10
Miami Northwestern Senior High School
1100 NW 71st St
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $21,044. Most Miami, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This 4,692 square foot home was built in 1957. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $800,000.
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 inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.