7 months on rocket

7536 NE 1st Ave, Miami, FL, 33138

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
1,164 SqFt
$558/SqFt
Multi

Location

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7536 NE 1st Ave, Miami$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1930
HeatingNone
CoolingWall/Window Unit(s)
MLS #A11572694
StatusActive

About 7536 NE 1st Ave

Welcome to your new prime investment opportunity! Nestled in a coveted location ripe for development, this duplex presents an enticing proposition. The first unit boasts two bedrooms and one bathroom, providing ample space for comfortable living. Meanwhile, the second unit offers a cozy one-bedroom, one-bathroom layout, perfect for individuals or couples seeking a charming abode. Brand new impact windows/doors, new roof, central AC. Positioned on a lot zoned for up to five stories and nine units, this property not only offers immediate rental income potential but also holds promise for future expansion and increased returns. Whether you're an astute investor or a savvy homeowner looking to capitalize on this dynamic market, this duplex is a rare find with endless possibilities.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 1,164 SqFt

Listing Office:

  • Office Name: The Lab Realty Group, LLC
  • Office Phone: (786) 791-7433
  • Listing Agent: Michael Valdes PA

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Virtual/3D Tour

  • Virtual Tour: 7536 NE 1st Ave
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $558/SqFt

Tax Information:

  • Annual Amount: $3,645
  • Tax Year: 2020
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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

7536 NE 1st Ave vs Miami

215 DAYS ON ROCKET

+155 Days

$650,000

+$89.5K More

$558/SqFt

+$168 More

KEY TAKEAWAY

This property is $89.5K more than the Median Sold Price and $168/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11572694

Listing Office:

  • Office Name: The Lab Realty Group, LLC
  • Office Phone: (786) 791-7433
  • Listing Agent: Michael Valdes PA

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: 11/21/2024, 5:20:49 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$3,645$196,133
2018$3,296$121,090
2017$3,326$121,120

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-373854
2
/10

  • Jesse J. McCrary, Jr. Elementary School

  • 514 NW 77th St

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-373855
6
/10

  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.76 miles

  • Public Magnet Grades PK-5

school-card-donut-373856
7
/10

  • Edison Park K-8 Center

  • 500 NW 67th St

  • 0.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,793. Most Miami, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. 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›Miami›33138›7536 NE 1st Ave

This home is located at 7536 NE 1st Ave in Miami, FL and zip code 33138 in the Buena Vista neighborhood. This 1,164 square foot home was built in 1930. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $650,000.

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 number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 60 days, the median list price was $560,436.

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

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