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585 NW 88th St, El Portal, FL, 33150

$1,299,000

1.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #A11608333
Lot Size1.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 585 NW 88th St

585 NW 88th Street is a renovation-ready single-family home situated on a full acre lot where highest-best use of the zoning allows for the development of 8 total units of the same bungalow style as the model community also available for sale to the east at 529 NW 88 ST. Relatively simple and low-cost to build, the developer can create substantial cash-flow and either hold or flip upon completion.

Property Details

Property Features

Listing Office:

  • Office Name: The Alpha Commercial Advisors LLC
  • Office Phone: (305) 697-7011
  • Listing Agent: Jamie Maniscalco

Virtual/3D Tour

  • Virtual Tour: 585 NW 88th St
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Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000

Tax Information:

  • Annual Amount: $7,226
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in El Portal, FL.

Med. Sold Price

$949.7K

Med. Price/SqFt

$614

Avg. Days On Market

183

# of Sold Homes

1

585 NW 88th St vs El Portal

152 DAYS ON ROCKET

-31 Days

$1,299,000

+$349.2K More

KEY TAKEAWAY

This property is $349.2K more than the Median Sold Price in El Portal, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11608333

Listing Office:

  • Office Name: The Alpha Commercial Advisors LLC
  • Office Phone: (305) 697-7011
  • Listing Agent: Jamie Maniscalco

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: 11/17/2024, 4:20:48 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$7,226$379,134
2018$5,671$150,723
2017$5,361$488,071

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-515772
4
/10
  • Arcola Lake Elementary School

  • 1037 NW 81st St

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-515773
2
/10
  • Jesse J. McCrary, Jr. Elementary School

  • 514 NW 77th St

  • 0.76 miles

  • Public District Grades PK-5

school-card-donut-515774
5
/10
  • Van E. Blanton Elementary School

  • 10327 NW 11th Ave

  • 1.10 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,154. The most common annual income of people living in El Portal, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 585 NW 88th St

What is the listing price of this property?

The listing price of 585 NW 88th St property is $1,299,000.

What type of property is this?

The property 585 NW 88th St is land located in El Portal, Florida, 33150.

Is this property for sale now?

Accepting Backup Offers: 585 NW 88th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,226 (source: MLS/based on county public records data).

How much acreage is this property?

The property 585 NW 88th St is 1.00 acres.
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Rocket HomesFloridaMiami-Dade CountyEl Portal33150585 NW 88th St

This home is located at 585 NW 88th St in El Portal, FL and zip code 33150. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $1,299,000.

While more than 0 listings in El Portal, FL in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of listings in El Portal, FL decreased by 7.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 183 days, the median list price was $949,750.

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

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