2 months on rocket

7110 Bonita Dr, Miami Beach, FL, 33141

$9,999,000

0 Baths
7,964 SqFt
$1,256/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
Year Built1958
HeatingElectric
CoolingElectric
WaterfrontCanal
MLS #A11635799
StatusActive

About 7110 Bonita Dr

This property is being sold as a land development opportunity as current use 10 unit rental apartment building does not justify the cost , this property is zoned as TC1 zoning for 125 feet 69000 sqft buildable area either for hotel , micro unit apartments , retail at the bottom etc, that means we wont be providing you with current rent roll NOI, CAP , OM etc as it will be of no use. So if you are developer , builder looking for a prime piece of land / property on the water to build develop nice hotel / condo development then please contact us. If you are looking for strictly multifamily existing property please look other properties ion next street as they are lot cheaper as zoning is different.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1958
  • Stories: 2
  • Living Area: 7,964 SqFt

Listing Office:

  • Office Name: Realty Hub
  • Office Phone: (954) 274-4176
  • Listing Agent: Rohith Reddy

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Laminate

Exterior Features

Exterior Information:

  • Waterfront: Canal

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Biscayne Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,999,000
  • Price Per SqFt: $1,256/SqFt

Tax Information:

  • Annual Amount: $41,824
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

7110 Bonita Dr vs Miami Beach

83 DAYS ON ROCKET

-18 Days

$9,999,000

+$9.3M More

$1,256/SqFt

+$655 More

KEY TAKEAWAY

This property is $9.3M more than the Median Sold Price and $655/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11635799

Listing Office:

  • Office Name: Realty Hub
  • Office Phone: (954) 274-4176
  • Listing Agent: Rohith Reddy

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, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$41,824$2,160,400
2018$32,000$1,395,989
2017$32,923$2,521,000

History based on county public records data.

Payment Calculator

$49.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

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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-2153108
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2153109
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.84 miles

  • Public District Grades 6-8

High School

school-card-donut-2153110
6
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 3.97 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,969. The most common annual income of people living in Miami Beach, FL is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaMiami-Dade CountyMiami Beach331417110 Bonita Dr

This home is located at 7110 Bonita Dr in Miami Beach, FL and zip code 33141 in the North Shore neighborhood. This 7,964 square foot home was built in 1958. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $9,999,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. In October 2024 median list price was $604,583 and the average listing age was 101 days.

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

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