new - 6 days on rocket

616 SW 8th Ave, Homestead, FL, 33030

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
962 SqFt
$468/SqFt
Multi

Location

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616 SW 8th Ave, Homestead$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1949
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #A11706599
StatusActive

About 616 SW 8th Ave

Attention Investors! Don’t miss this outstanding income-generating opportunity. This delightful duplex offers two remodeled 1-bedroom, 1-bathroom units, each thoughtfully updated with impact windows, doors, in-unit washers and dryers, and sleek tile flooring throughout. As an added bonus, the seller is including approved blueprints for converting the back building, creating the potential to add two additional units and transform this property into a lucrative quadplex. Seize this incredible investment opportunity today!

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1
  • Living Area: 962 SqFt

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Roberto Azua

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $2,482
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Homestead, FL.

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Homestead, FL

City

Med. Sold Price

$468.6K

Med. Price/SqFt

$272

Avg. Days On Market

58

# of Sold Homes

110

616 SW 8th Ave vs Homestead

6 DAYS ON ROCKET

-52 Days

$450,000

-$18.6K Less

$468/SqFt

+$195 More

KEY TAKEAWAY

This property is $18.6K less than the Median Sold Price and $195/SqFt more than other homes in Homestead, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11706599

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Roberto Azua

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: 12/18/2024, 3:20:49 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$2,482$112,304
2018$1,419$45,964
2017$1,298$95,628

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Nearby Schools

school-card-donut-4365750
4
/10

  • Laura C. Saunders Elementary School

  • 505 SW 8th St

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-4365751
3
/10

  • West Homestead K-8 Center

  • 1550 SW 6th St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-4365752
9
/10

  • Somerset Academy Charter Elementary School (South Homestead)

  • 300 SE 1st Dr

  • 0.83 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,372. The most common annual income of people living in Homestead, FL is less than $35k. 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›Homestead›33030›616 SW 8th Ave

This home is located at 616 SW 8th Ave in Homestead, FL and zip code 33030. This 962 square foot home was built in 1949. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $450,000.

Homestead, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 41 sold at listed price and over 56 sold below. Listings spent 58 days on the market in November 2024, and had a median list price of $468,680 during the same period.

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

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