6 months on rocket

8920 NE 2nd Ave, El Portal, FL, 33138

$1,600,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,797 SqFt
$572/SqFt
Multi

Location

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8920 NE 2nd Ave, El Portal$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1947
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #A11571082
StatusActive

About 8920 NE 2nd Ave

Prime investment opportunity in El Portal! Fully leased 2-story duplex on a spacious lot with residential office zoning—a savvy investor's dream. Enjoy great visibility on NE 2nd Ave in a central Miami location. Ideal for investors seeking steady rental income and potential for future development. Proximity to Downtown Miami, Miami Shores, Miami Beach, North Bay Village, Design District, Wynwood, UM Jackson Medical Campus, Airports. Act fast, seize this prime opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2
  • Living Area: 2,797 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 931-8266
  • Listing Agent: Peangchai Magner Koch P.A

Interior Features

Interior Information:

  • Flooring Type: Tile, Wood

Exterior Features

Exterior Information:

  • Exterior: Balcony

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Miami Shores Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $572/SqFt

Tax Information:

  • Annual Amount: $7,864
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in El Portal, FL.

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El Portal, FL

City

Med. Sold Price

$949.7K

Med. Price/SqFt

$614

Avg. Days On Market

183

# of Sold Homes

1

8920 NE 2nd Ave vs El Portal

201 DAYS ON ROCKET

+18 Days

$1,600,000

+$650.2K More

$572/SqFt

-$42 Less

KEY TAKEAWAY

This property is $650.2K more than the Median Sold Price and $42/SqFt less than other homes in El Portal, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11571082

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 931-8266
  • Listing Agent: Peangchai Magner Koch P.A

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: 11/5/2024, 10:20:48 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$7,864$364,244
2018$6,358$240,314
2017$7,679$211,154

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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.

Elementary School

school-card-donut-1948639
6
/10

  • Miami Shores Elementary School

  • 10351 NE 5th Ave

  • 1.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1948640
3
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 0.54 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1948641
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.89 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,670. Most El Portal, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›El Portal›33138›8920 NE 2nd Ave

This home is located at 8920 NE 2nd Ave in El Portal, FL and zip code 33138. This 2,797 square foot home was built in 1947. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,600,000.

In October 2024, from all listings sold in El Portal, FL there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in El Portal, FL decreased by 7.7% between September 2024 and October 2024. Listings spent 183 days on the market in October 2024, and had a median list price of $949,750 during the same period.

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

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