2 years on rocket

511 NE 131st St, North Miami, FL, 33161

$439,900

Home List Price

$5,224*

Closing Credit

2 Bedrooms
1 Full Bath
960 SqFt
$458/SqFt
House

Location

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511 NE 131st St, North Miami$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Guest, Parking Pad
Year Built1947
HeatingOther
CoolingOther
ViewOther
MLS #A11134532
StatusActive

About 511 NE 131st St

Check out this fantastic home in a thriving, up-and-coming area! Conveniently located near shops, this property is now available after successfully resolving previous legal proceedings. Currently rented at $2,550 per month until March 2025, it offers immediate rental income and a great return on investment. We've received multiple offers in the past few months, but couldn’t close due to the legal issues. Now that everything is settled, it’s expected to sell quickly—don’t miss your chance to act today!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1947
  • Stories: 1
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Miami Zyr Realty Inc
  • Office Phone: (786) 317-7442
  • Listing Agent: Guillermo Rosman

Interior Features

Interior Information:

  • Appliances: Other, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, Closet Cabinetry, First Floor Entry, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Deck, Fence

Parking Information:

  • Parking: Attached Carport, Guest, Parking Pad

Virtual/3D Tour

  • Virtual Tour: 511 NE 131st St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • North Miami Senior High School, Public Magnet Grades 9-12
  • North Miami Middle School, Public Magnet Grades 6-8
  • Arch Creek Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900
  • Price Per SqFt: $458/SqFt

Tax Information:

  • Annual Amount: $3,218
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Miami, FL.

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North Miami, FL

City

Med. Sold Price

$425K

Med. Price/SqFt

$326

Avg. Days On Market

84

# of Sold Homes

29

511 NE 131st St vs North Miami

1061 DAYS ON ROCKET

+977 Days

$439,900

+$14.9K More

$458/SqFt

+$132 More

KEY TAKEAWAY

This property is $14.9K more than the Median Sold Price and $132/SqFt more than other homes in North Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11134532

Listing Office:

  • Office Name: Miami Zyr Realty Inc
  • Office Phone: (786) 317-7442
  • Listing Agent: Guillermo Rosman

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: 11/5/2024, 11:20:49 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$3,218$140,253
2018$2,326$95,904
2017$2,079$100,298

History based on county public records data.

Payment Calculator

$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

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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.

Elementary School

school-card-donut-2072988
5
/10

  • Arch Creek Elementary School

  • 702 NE 137th St

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2072989
4
/10

  • North Miami Middle School

  • 700 NE 137th St

  • 0.47 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2072990
4
/10

  • North Miami Senior High School

  • 13110 NE 8th Ave

  • 0.27 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,444. Typical income of North Miami, FL residents is less than $35k annually. 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 511 NE 131st St

What is the listing price of this property?

The listing price of 511 NE 131st St property is $439,900.

What type of property is this?

The property 511 NE 131st St is a house located in North Miami, Florida, 33161.

Is this property for sale now?

Active Listing: 511 NE 131st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 511 NE 131st St are:
Arch Creek Elementary School: GreatSchools Rating 5/10
North Miami Middle School: GreatSchools Rating 4/10
North Miami Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 511 NE 131st St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 511 NE 131st St is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 NE 131st St is 1947.

Rocket Homes›Florida›Miami-Dade County›North Miami›33161›511 NE 131st St

This home is located at 511 NE 131st St in North Miami, FL and zip code 33161 in the Golden Glades neighborhood. This 960 square foot home was built in 1947. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 09, 2021 and is currently priced at $439,900.

In October 2024 more than 1 listings in North Miami, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 27 were sold below. Between September 2024 and October 2024, North Miami, FL real estate market has seen increase in the number of listings by 4.4%. The median list price of listings available in October 2024 was $425,000, while the average time on the real estate market was 84 days.

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

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