4 months on rocket

5531 NW 24th Ave, Miami, FL, 33142

$549,500

Home List Price

$6,525*

Closing Credit

4 Bedrooms
2 Full Baths
1,031 SqFt
$533/SqFt
House

Location

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5531 NW 24th Ave, Miami$549,500

Buyer Closing Credits

$6,525*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1936
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
MLS #224068381
Lot Size0.11 Acres
StatusActive

About 5531 NW 24th Ave

Investment Opportunity: Spacious 4-Bedroom, 2-Bath Home for Sale Don't miss out on this prime investment opportunity! This well-maintained 4-bedroom, 2-bathroom home is a perfect addition to any real estate portfolio or a fantastic starter for new investors. Offering both space and value, this property promises solid rental potential, with room for future appreciation. Property Features: 4 Bedrooms: Generously sized rooms with plenty of closet space. 2 Bathrooms: Well-appointed with modern fixtures, including a full family bathroom and an en-suite in the master. Spacious Living Areas: Bright and airy living room, ideal for family gatherings or entertaining guests. Functional Kitchen: Equipped with ample cabinet space and modern appliances. Large Yard: Great for outdoor activities or potential for expansion or development (check local zoning). Parking: Off-street parking with driveway space for multiple vehicles. Well-Maintained: Move-in ready or ready for a few updates to maximize value. Located in a growing neighborhood with strong demand for rentals, this home offers an excellent opportunity to generate consistent cash flow or achieve long-term equity growth. Whether you're looking to renovate and resell or hold as a rental, this property has the potential to deliver great returns. Key Investment Highlights: High-demand rental area with low vacancy rates Strong appreciation potential Solid, low-maintenance property This property won’t last long, so act fast and secure your next great investment today! Schedule a tour. today

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1936
  • Stories: 1
  • Living Area: 1,031 SqFt

Listing Office:

  • Office Name: Mato Realty, LLC
  • Office Phone: (239) 259-6286
  • Listing Agent: Catilene Ferreira

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Closet Cabinetry, Living/Dining Room, Pantry, Shower Only, Separate Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Fence, None, Other, Awning(s)

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,500
  • Price Per SqFt: $533/SqFt

Tax Information:

  • Annual Amount: $2,812
  • 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

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

5531 NW 24th Ave vs Miami

124 DAYS ON ROCKET

+64 Days

$549,500

-$16.1K Less

$533/SqFt

+$141 More

KEY TAKEAWAY

This property is $16.1K less than the Median Sold Price and $141/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224068381

Listing Office:

  • Office Name: Mato Realty, LLC
  • Office Phone: (239) 259-6286
  • Listing Agent: Catilene Ferreira

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 04, 2015Home Sold
$125,000
Apr 30, 2014Home Sold
$45,000
Oct 07, 2011Home Sold
$75,000
Mar 17, 2010Home Sold
$23,100

Tax History

YEARPROP. TAXASSESSMENT
2020$2,812$143,476
2018$2,396$99,433
2017$2,099$92,330

History based on county public records data.

Payment Calculator

$2,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,714

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-1054662
3
/10

  • Agenoria S. Paschal/Olinda Elementary School

  • 5536 NW 21st Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-1054663
6
/10

  • Earlington Heights Elementary School

  • 4750 NW 22nd Ave

  • 0.55 miles

  • Public Magnet Grades PK-5

school-card-donut-1054664
3
/10

  • Charles R. Drew K-8 Center

  • 1775 NW 60th St

  • 0.72 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 $35,326. Typical income of Miami, FL residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5531 NW 24th Ave

What is the listing price of this property?

The listing price of 5531 NW 24th Ave property is $549,500.

What type of property is this?

The property 5531 NW 24th Ave is a house located in Miami, Florida, 33142.

Is this property for sale now?

Active Listing: 5531 NW 24th 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 $2,812 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 4, 2015 for $125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5531 NW 24th Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5531 NW 24th Ave is 1,031 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5531 NW 24th Ave is 1936.

Rocket Homes›Florida›Miami-Dade County›Miami›33142›5531 NW 24th Ave

This home is located at 5531 NW 24th Ave in Miami, FL and zip code 33142 in the Liberty City neighborhood. This 1,031 square foot home, which was built in 1936, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $549,500.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. In November 2024 in Miami, FL there were 6.7% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.

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

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