new - 12 hours on rocket

5050 NE 5th Ave, Miami, FL, 33137

$2,195,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,065 SqFt
$1,063/SqFt
House

Location

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5050 NE 5th Ave, Miami$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Guest, Garage Door Opener
Garage1 space
Year Built1947
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11697931
StatusActive

About 5050 NE 5th Ave

Located within the gates of the coveted Morningside neighborhood, this stunning 3-bed, 2-bath home has been beautifully updated for luxurious living and entertaining. The open floor plan, impact windows, and stacking sliding doors flood the home with natural light while seamlessly blending indoor and outdoor spaces. Interior recent upgrades include a new Italian stove, bar area, Jacuzzi tub, ADT security, and a Lutron smart home system. Recent outdoor updates, enjoy a heated and chilled saltwater pool, lush landscaping, and a new front patio that creates a private oasis. The air-conditioned garage adds storage or workspace versatility. Steps from Morningside Park with bay views, tennis courts, basketball courts, playground and more, this home combines modern elegance with timeless charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1947
  • Stories: 1
  • Living Area: 2,065 SqFt

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: David Pullman

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Flooring Type: Marble
  • Interior: Built-in Features, First Floor Entry, Fireplace, Main Level Primary, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Fence, Security/High Impact Doors, Lighting

Parking Information:

  • Garage Space: 1 space
  • Parking: Circular Driveway, Driveway, Guest, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 5050 NE 5th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000
  • Price Per SqFt: $1,063/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $15,545
  • 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

5050 NE 5th Ave vs Miami

1 DAY ON ROCKET

-59 Days

$2,195,000

+$1.6M More

$1,063/SqFt

+$673 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $673/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: #A11697931

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: David Pullman

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: 11/22/2024, 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$15,545$689,586
2018$15,893$717,456
2017$15,762$702,700

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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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-533246
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-533247
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-533248
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.99 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,056. The most common annual income of people living in Miami, FL is between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5050 NE 5th Ave

What is the listing price of this property?

The listing price of 5050 NE 5th Ave property is $2,195,000.

What type of property is this?

The property 5050 NE 5th Ave is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 5050 NE 5th Ave 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 $15,545 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5050 NE 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5050 NE 5th Ave is 2,065 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5050 NE 5th Ave is 1947.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›5050 NE 5th Ave

This home is located at 5050 NE 5th Ave in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. This 2,065 square foot home was built in 1947. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $2,195,000.

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. 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.

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