7 months on rocket

5450 NW 1st Ave, Miami, FL, 33127

$739,900

Home List Price

$8,786*

Closing Credit

0 Baths
1,200 SqFt
$617/SqFt
Multi

Location

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5450 NW 1st Ave, Miami$739,900

Buyer Closing Credits

$8,786*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1948
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11548750
StatusActive

About 5450 NW 1st Ave

Investor dream come true. Amazing home and lot in an opportunity zone area. This home and lot are currently zone as multi-family with 2 up to 9 units that could be built on this lot. The new owner could legally build up to three stories high and could have up to 9 units. You would also be able to add onto the existing property. Roof was completely redone in 2021 with full permits. One Units are currently rented at $1,800. The other units leased just ended and is vacant. This home is just a 6 minute drive to the art district of Wynwood, 12 Minute drive to the beautiful and upscale Brickell City Centre & Bayside Marketplace, only 17 minute drive to Miami's famous South Beach

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Rosa International Realty, LLC
  • Office Phone: (954) 278-9733
  • Listing Agent: Gabriel Rosa

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • Exterior: Fence

Virtual/3D Tour

  • Virtual Tour: 5450 NW 1st Ave
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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $739,900
  • Price Per SqFt: $617/SqFt

Tax Information:

  • Annual Amount: $5,501
  • 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

5450 NW 1st Ave vs Miami

233 DAYS ON ROCKET

+173 Days

$739,900

+$179.4K More

$617/SqFt

+$227 More

KEY TAKEAWAY

This property is $179.4K more than the Median Sold Price and $227/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: #A11548750

Listing Office:

  • Office Name: Rosa International Realty, LLC
  • Office Phone: (954) 278-9733
  • Listing Agent: Gabriel Rosa

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: 11/21/2024, 5:20:49 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$5,501$234,942
2018$2,911$76,274
2017$2,853$158,516

History based on county public records data.

Payment Calculator

$3,760

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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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-378203
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-378204
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-378205
7
/10

  • Edison Park K-8 Center

  • 500 NW 67th St

  • 0.80 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 $14,068. Residents of Miami, FL typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33127›5450 NW 1st Ave

This home is located at 5450 NW 1st Ave in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,200 square foot home was built in 1948. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $739,900.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. 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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