1 year on rocket

8052 NE 1st Ave, Miami, FL, 33138

$3,500,000

0 Baths
Multi

Location

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Property Highlights

Home TypeQuadruplex
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #A11488955
StatusActive

About 8052 NE 1st Ave

**NEW CONSTRUCTION SITE** Plans approved for brand new modern 10 x 1 bedroom units, off the growing area of Miami. All new restaurants, bars and shops. Developing boulevard, gross ROI 6.8% gross estimated at $240k yearly, $2,000 monthly per unit. Will be built upon sale. Invest in one of the fastest growing and most desirable areas, between Midtown and Miami Shores. Many new businesses opening and happening at the moment. This development is located 2 blocks from Citadel Restaurant. Construction is included in the sale price, will be delivered with CO, hurricane impact windows, stainless steel appliances. Area may also be used as short term, buyer to do own due diligence. Miami is becoming the largest growing city, do not miss out on this new construction.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 2024
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 361-5722
  • Listing Agent: Maria Vinces

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 8052 NE 1st Ave
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $3,278
  • 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

8052 NE 1st Ave vs Miami

366 DAYS ON ROCKET

+306 Days

$3,500,000

+$2.9M More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11488955

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 361-5722
  • Listing Agent: Maria Vinces

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, 12:20:50 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$3,278$195,556
2018$2,686$110,100
2017$2,704$109,708

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-285950
2
/10
  • Jesse J. McCrary, Jr. Elementary School

  • 514 NW 77th St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-285951
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.02 miles

  • Public Magnet Grades PK-5

school-card-donut-285952
8
/10
  • Phyllis R. Miller Elementary School

  • 840 NE 87th St

  • 1.02 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,201. The majority of Miami, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaMiami-Dade CountyMiami331388052 NE 1st Ave

This home is located at 8052 NE 1st Ave in Miami, FL and zip code 33138 in the Buena Vista neighborhood. This home was built in 2024. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $3,500,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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

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