RARELY AVAILABLE DOUBLE 1/4 ACRE LOT investment opportunity in Upper Buena Vista, blocks north of Miami’s Design District. The property sits on a rare NON-HISTORIC DOUBLE 1/4 ACRE LOT, offering endless potential for development. Main house features 3 beds, 2 baths. A separate 1/1 cottage, rented for $2,000 per month, offers additional revenue or a perfect guest retreat. The main home and the cottage are over 2600 total SFT combined & boast BRAND-NEW ROOFS AND IMPACT WINDOWS. The double lot can be split allowing 2 new homes or side by side townhomes. With its prime location near luxury shopping, fine dining, and cultural hotspots, this property offers a rare combination of income-generating potential and future development opportunities.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1949
Stories: 1
Living Area: 1,709 SqFt
Listing Office:
Office Name: Keller Williams Capital Realty
Office Phone: (305) 662-7325
Listing Agent: Ricky Kallabat PA
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer
Flooring Type: Tile
Interior: Bedroom on Main Level, First Floor Entry
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,752
Per Month
Principal & Interest
$8,685
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
$5,283
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.
Elementary School
6
/10
Toussaint L'Ouverture Elementary School
120 NE 59th St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school2.44 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Toussaint L'Ouverture Elementary School
120 NE 59th St
Distance between this listing and this school0.62 miles
Public District Grades PK-5
Nearby Schools
6
/10
Shadowlawn Elementary School
149 NW 49th St
Distance between this listing and this school0.28 miles
Public District Grades PK-5
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school1.22 miles
Public District Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-8
Nearby Schools
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.35 miles
Public Charter Grades 6-8
2
/10
Allapattah Middle School
1331 NW 46th St
Distance between this listing and this school1.51 miles
Public District Grades 6-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school2.44 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.50 miles
Public Magnet Grades 9-12
7
/10
Miami Arts Charter
3900 Biscayne Blvd
Distance between this listing and this school0.55 miles
The neighbors living near this home have an average income of $40,625. Most Miami, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 76 NE 49th St
What is the listing price of this property?
The listing price of 76 NE 49th St property is $1,740,000.
What type of property is this?
The property 76 NE 49th St is a house located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 76 NE 49th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 76 NE 49th St are: Toussaint L'Ouverture Elementary School: GreatSchools Rating 6/10Jose De Diego Middle School: GreatSchools Rating 1/10Booker T. Washington Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,499 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 76 NE 49th St has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 76 NE 49th St is 1,709 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 76 NE 49th St is 1949.
This home is located at 76 NE 49th St in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 1,709 square foot home was built in 1949. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $1,740,000.
Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.
From Rocket Homes Real Estate and based on county public records data.