1 month on rocket

5900 NE 5th Ave, Miami, FL, 33137

$2,499,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
5,180 SqFt
$482/SqFt
House

Location

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5900 NE 5th Ave, Miami$2,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other, Garage Door Opener
Garage4 spaces
Year Built1925
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
ViewGarden, Pool
MLS #A11646990
StatusActive

About 5900 NE 5th Ave

ENORMOUS OPPORTUNITY FOR THE RIGHT BUYER!! First time this assemblage of Bayshore lots is on the market in 65 yrs. Three lots, totaling ½ an acre, on the corner of 59th St. & 5th Ave in rapidly changing Bay Shore. On site is a 100-year-old home spanning 5409 sf. New kitchen & appliances & bathrooms. A grand home w/ richly appointed generous rooms. Owned by a prominent Miami family for over 65 years. Presently zoned as single family residential, the property is surrounded by single & multi-family and commercially zoned lots. County has signaled willingness to revert to a medium density use. Just off Biscayne, this area is undergoing dynamic changes. Property could become a stand out stunning estate home in the center of it all, or be the site of high end multi-unit residential development.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1925
  • Stories: 1
  • Living Area: 5,180 SqFt

Listing Office:

  • Office Name: Beachfront Realty Inc
  • Office Phone: (305) 495-9411
  • Listing Agent: Donn Dutton

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Main Level Primary, Sitting Area in Primary, Skylights, Walk-In Closet(s), Workshop

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Enclosed Porch, Porch

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Driveway, Other, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 5900 NE 5th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: One half block west of Biscayne Boulevard on NE 59th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,499,000
  • Price Per SqFt: $482/SqFt

Tax Information:

  • Annual Amount: $14,001
  • 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

5900 NE 5th Ave vs Miami

34 DAYS ON ROCKET

-26 Days

$2,499,000

+$1.9M More

$482/SqFt

+$92 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $92/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: #A11646990

Listing Office:

  • Office Name: Beachfront Realty Inc
  • Office Phone: (305) 495-9411
  • Listing Agent: Donn Dutton

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, 10:20:48 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$14,001$1,020,325
2018$12,489$370,228
2017$10,757$800,845

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,559

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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.

Elementary School

school-card-donut-1961963
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.44 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1961964
3
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.07 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1961965
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.16 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 $13,864. The majority of Miami, FL residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5900 NE 5th Ave

What is the listing price of this property?

The listing price of 5900 NE 5th Ave property is $2,499,000.

What type of property is this?

The property 5900 NE 5th Ave is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 5900 NE 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5900 NE 5th Ave are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 3/10
Miami Edison Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,001 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5900 NE 5th Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5900 NE 5th Ave is 5,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5900 NE 5th Ave is 1925.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›5900 NE 5th Ave

This home is located at 5900 NE 5th Ave in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. This 5,180 square foot home was built in 1925. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $2,499,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $560,436, 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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