10 months on rocket

85 NE 50th St, Miami, FL, 33137

$2,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
1,110 SqFt
$2,252/SqFt
House

Location

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85 NE 50th St, Miami$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, On Street
Garage2 spaces
Year Built1925
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11511431
StatusActive

About 85 NE 50th St

Build your dream home in beautiful Buena Vista! This 4BD/4BA brand new construction is currently being built and will be completed est. Q4 2024. The buyer will be able to work directly with the builder to customize finishes to their taste. SQ.FT WILL BE APPROX. 3,500. APPROVED PLANS COMING SOON. NO FLOOD INSURANCE REQUIRED! Moments away from one of Miami's most popular neighborhoods, The Design District! This upscale area is dedicated to innovative fashion, shopping, design, art, architecture & dining! Close to Wynwood, Brickell, & Downtown. Only 15 mins to MIA Airport!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 1925
  • Stories: 2
  • Living Area: 1,110 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Nancy Batchelor PA

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Flooring Type: Other
  • Interior: Built-in Features, First Floor Entry, Other, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Security/High Impact Doors

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Driveway, On Street

Virtual/3D Tour

  • Virtual Tour: 85 NE 50th St
Virtual Tour

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $2,252/SqFt

Tax Information:

  • Annual Amount: $7,081
  • 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

85 NE 50th St vs Miami

309 DAYS ON ROCKET

+249 Days

$2,500,000

+$1.9M More

$2,252/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $1.8K/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: #A11511431

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Nancy Batchelor 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, 4:20:49 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$7,081$314,637
2018$6,561$295,108
2017$6,271$278,081

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-369361
7
/10
  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-369362
7
/10
  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-369363
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.15 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,625. Residents of Miami, FL typically earn less than $35k each year. Most families are 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 85 NE 50th St

What is the listing price of this property?

The listing price of 85 NE 50th St property is $2,500,000.

What type of property is this?

The property 85 NE 50th St is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 85 NE 50th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,081 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 85 NE 50th St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 85 NE 50th St is 1,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 85 NE 50th St is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami3313785 NE 50th St

This home is located at 85 NE 50th St in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 1,110 square foot home was built in 1925. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $2,500,000.

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. 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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