StatusAccepting Backup Offers (Active Under Contract)
About 641 10th St
Investors welcome. Introducing Jennay Apartments, located on the corner of 10th and Euclid, just few blocks away from South Beach. Fully occupied with 13 units, currently bringing in $193,500 annually with upside for a new owner. Eight Studios, Three 1 Bedroom/1 bath, two 2 bedroom/1 bath. Two-story building with two buildings connected by open air walkway, each unit has it's own electric and water meter. Building recently passed its 40/50 year recertification. Tenants enjoy living blocks away from the beach, Lincoln Road, Espanola Way and Flamingo Park. Street parking available with resident permit (Zone 2) highly desirable zoning. Lot is 7,000 SF and building SQFT is 7,272 SF.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.2K
Per Month
Principal & Interest
$14.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,611
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.39 miles
Public District Grades PK-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school2.31 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.35 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.45 miles
Public Magnet Grades PK-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.65 miles
Public District Grades 6-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.31 miles
Public District Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.47 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school3.52 miles
The neighbors living near this home have an average income of $13,504. Residents of Miami Beach, FL typically earn less than $35k each year. Most families are 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 641 10th St
What is the listing price of this property?
The listing price of 641 10th St property is $2,850,000.
What type of property is this?
The property 641 10th St is land located in Miami Beach, Florida, 33139.
Is this property for sale now?
Accepting Backup Offers: 641 10th 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 $34,263 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 641 10th St in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $2,850,000.
Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.
From Rocket Homes Real Estate and based on county public records data.