8 months on rocket

425 SW 6th Ave, Miami, FL, 33130

$1,700,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,248 SqFt
$523/SqFt
Multi

Location

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425 SW 6th Ave, Miami$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1981
HeatingCentral
CoolingCentral Air
MLS #A11551989
StatusActive

About 425 SW 6th Ave

Location, Location! Excellent investment to Build your Dream Income Property! It is 5,000 sq. ft. Ready for a Developer to make an incredible Multi Unit Building. It offers 3 units with private parking spaces located in front of building as well as free street parking, coin laundry facility on premises, wall AC in all units, separate electric meter and tankless water heater. Currently used as long-term rental property with the potential to generate much much more as a short-term rental and for Airbnb. It building is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, restaurants, museums, art galleries, live music venues, the Miami Heats Arena and the Marlins Stadium. DON'T MISS THIS OPPORTUNITY.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 2
  • Living Area: 3,248 SqFt

Listing Office:

  • Office Name: Tower Team Realty, LLC
  • Office Phone: (786) 233-4959
  • Listing Agent: Magda Luz Triana

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 425 SW 6th Ave
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $523/SqFt

Tax Information:

  • Annual Amount: $6,932
  • 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

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

425 SW 6th Ave vs Miami

240 DAYS ON ROCKET

+180 Days

$1,700,000

+$1.1M More

$523/SqFt

+$133 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $133/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: #A11551989

Listing Office:

  • Office Name: Tower Team Realty, LLC
  • Office Phone: (786) 233-4959
  • Listing Agent: Magda Luz Triana

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: 11/15/2024, 12:20:49 PM 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$6,932$350,518
2018$5,931$280,666
2017$5,742$293,579

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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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-465551
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.11 miles

  • Public Charter Grades KG-5

school-card-donut-465552
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.61 miles

  • Public Charter Grades KG-6

school-card-donut-465553
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.62 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 $16,130. Residents of Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33130›425 SW 6th Ave

This home is located at 425 SW 6th Ave in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 3,248 square foot home was built in 1981. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $1,700,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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

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