Welcome to an incredible investment opportunity! This property, zoned for a duplex, is currently a charming single-family home that can be rented out while you finalize plans with the city to build your dream duplex. Maximize your earning potential in this prime location by creating a highly sought-after multifamily residence. Whether you're looking to develop or simply generate rental income, this property offers tremendous upside and flexibility. Don’t miss out on this rare chance to build wealth—it's a fantastic buy that promises a high return on investment!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,561
Per Month
Principal & Interest
$3,494
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
$2,165
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
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.25 miles
Public District Grades PK-5
5
/10
Kensington Park Elementary School
711 NW 30th Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-5
6
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school1.09 miles
Public District Grades PK-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.25 miles
Public District Grades 6-8
6
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school0.78 miles
Public Charter Grades KG-8
10
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school0.88 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.46 miles
Public Magnet Grades 9-12
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school0.88 miles
Public Charter Grades 9-12
4
/10
International Studies Virtual
2480 SW 8th St
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $32,258. Residents of Miami, FL typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 460 NW 23rd Ct
What is the listing price of this property?
The listing price of 460 NW 23rd Ct property is $699,999.
What type of property is this?
The property 460 NW 23rd Ct is land located in Miami, Florida, 33125.
Is this property for sale now?
Active Listing: 460 NW 23rd Ct is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,992 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 460 NW 23rd Ct in Miami, FL and zip code 33125 in the Auburdale neighborhood. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $699,999.
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. 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.
© 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.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Burlington
H&M
Foot Locker
White Castle
Boston Market
Popeyes
Kia
Honda
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits