12 months on rocket

5960 NE 5th Ct Unit 2, Miami, FL, 33137

$287,500

Home List Price

$3,414*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
825 SqFt
$348/SqFt
Condo

Location

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5960 NE 5th Ct Unit 2, Miami$287,500

Buyer Closing Credits

$3,414*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Year Built1974
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11482421
StatusActive

About 5960 NE 5th Ct Unit 2

AN INVESTOR'S DREAM. Ideal for short-term/Airbnb rentals in one of the hottest markets in South Florida. No rental restrictions, no Association approval, can do 1-day rentals 365 times a year. Seller owns units #2, #5, #6, #9 and wants to sell them all 4 or 2 as a package deal. Each unit was renovated as needed within the last 2 years. Market value for all 4 units would bring a 6% Cap Rate. *Cash Deals, Owner Financing, and Non-Warrantable Mortgages Available* Call listing agent for more info and to schedule an appointment.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1974
  • Living Area: 825 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 931-8266
  • Listing Agent: Frank Gabriel

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile
  • Interior: First Floor Entry, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Other

Parking Information:

  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 5960 NE 5th Ct Unit 2
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,500
  • Price Per SqFt: $348/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly
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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

5960 NE 5th Ct Unit 2 vs Miami

362 DAYS ON ROCKET

+302 Days

$287,500

-$272.9K Less

$348/SqFt

-$42 Less

KEY TAKEAWAY

This property is $272.9K less than the Median Sold Price and $42/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11482421

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 931-8266
  • Listing Agent: Frank Gabriel

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, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,902

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$928

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NMLS#3030

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-2149279
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.40 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2149280
3
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.05 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2149281
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.22 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. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5960 NE 5th Ct Unit 2

What is the listing price of this property?

The listing price of 5960 NE 5th Ct Unit 2 property is $287,500.

What type of property is this?

The property 5960 NE 5th Ct Unit 2 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 5960 NE 5th Ct Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5960 NE 5th Ct Unit 2 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

How many bedrooms and bathrooms does this property have?

The property at 5960 NE 5th Ct Unit 2 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5960 NE 5th Ct Unit 2 is 825 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5960 NE 5th Ct Unit 2 is 1974.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›5960 NE 5th Ct Unit 2

This home is located at 5960 NE 5th Ct Unit 2 in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. This 825 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $287,500.

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. In October 2024 median list price was $560,436 and the average listing age was 60 days.

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

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