6 months on rocket

5509 NW 5th Ct, Miami, FL, 33127

$799,000

Home List Price

$9,488*

Closing Credit

0 Baths
1,378 SqFt
$580/SqFt
Multi

Location

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5509 NW 5th Ct, Miami$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1952
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #A11609474
StatusActive

About 5509 NW 5th Ct

Attention Investors! This Buena Vista Gardens income-producing detached duplex property is a fantastic opportunity, already generating $5,100 monthly rental income. With Unit A rented at $2,600 and Unit B at $2,500, you have the potential to live in one unit while renting the other or continue renting both for a steady income. This impressive 7,150 sq. ft. lot is ZONED T3 O and conveniently located near Magic City, Design District, Wynwood, Edison Magnet High School, and I-95. Features include separate electrical meters, a washer & dryer, and a 2018 roof. This property is in an appreciating neighborhood—act quickly!

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,378 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 935-0300
  • Listing Agent: Steven Kupchan

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • Exterior: Fence, Fruit Trees, Lighting, Patio, Room For Pool

Virtual/3D Tour

  • Virtual Tour: 5509 NW 5th Ct
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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $580/SqFt

Tax Information:

  • Annual Amount: $3,210
  • 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

5509 NW 5th Ct vs Miami

184 DAYS ON ROCKET

+124 Days

$799,000

+$233.3K More

$580/SqFt

+$188 More

KEY TAKEAWAY

This property is $233.3K more than the Median Sold Price and $188/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: #A11609474

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 935-0300
  • Listing Agent: Steven Kupchan

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: 12/22/2024, 1:20:50 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$3,210$183,730
2018$2,587$66,493
2017$2,418$114,403

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-837406
7
/10

  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-837407
7
/10

  • Edison Park K-8 Center

  • 500 NW 67th St

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-837408
7
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.71 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 $23,534. The majority of Miami, FL residents have income less than $35k annually. Residents typically live in single, no kids family. 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›5509 NW 5th Ct

This home is located at 5509 NW 5th Ct in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,378 square foot home was built in 1952. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $799,000.

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. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

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

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