5 months on rocket

7175 SW 23rd St, Miami, FL, 33155

$1,107,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,396 SqFt
$326/SqFt
Multi

Location

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7175 SW 23rd St, Miami$1,107,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1970
HeatingCentral, Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
MLS #A11608391
StatusActive

About 7175 SW 23rd St

Beautiful multifamily, centrally located, just a few blocks off Palmetto & Coral Way intersection, sitting on a 14,480-sf lot. Remodeled and very well maintained, electric gate, rain soft water system, artistic concrete driveway, tile roof, sprinkle system, accordion shutters, nice large, covered terrace, 2 laundry rooms, fruit trees and more. Plenty of secured parking. $118.200.- gross rental income, nets $88,600. ROI 7.7%. Buy today and begin earning immediately! Unique Business Opportunity for Investors!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 3,396 SqFt

Listing Office:

  • Office Name: Gabriela Rodino Group LLC
  • Office Phone: (305) 338-5355
  • Listing Agent: Gabriela Rodino

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Terrazzo, Vinyl

Virtual/3D Tour

  • Virtual Tour: 7175 SW 23rd St
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Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Please use GPS!

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,107,000
  • Price Per SqFt: $326/SqFt

Tax Information:

  • Annual Amount: $6,938
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

7175 SW 23rd St vs Miami

150 DAYS ON ROCKET

+90 Days

$1,107,000

+$546.5K More

$326/SqFt

-$64 Less

KEY TAKEAWAY

This property is $546.5K more than the Median Sold Price and $64/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: #A11608391

Listing Office:

  • Office Name: Gabriela Rodino Group LLC
  • Office Phone: (305) 338-5355
  • Listing Agent: Gabriela Rodino

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: 11/15/2024, 3:20:47 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$6,938$403,993
2018$6,455$382,254
2017$6,338$390,594

History based on county public records data.

Payment Calculator

$5,592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,385

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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-287020
8
/10
  • Coral Terrace Elementary School

  • 6801 SW 24th St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-287021
9
/10
  • Flagami Elementary School

  • 920 SW 76th Ave

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-287022
9
/10
  • Emerson Elementary School

  • 8001 SW 36th St

  • 1.19 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,207. Typical income of Miami, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami331557175 SW 23rd St

This home is located at 7175 SW 23rd St in Miami, FL and zip code 33155 in the North Coral Terrace neighborhood. This 3,396 square foot home was built in 1970. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,107,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.

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

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