Nestled on nearly 5 acres of serene landscape, this income-generating property offers boundless potential for both relaxation and investment. Imagine summer days by your brand-new sparkling pool, while enjoying the expansive outdoor space that invites endless possibilities. Dream of building a spacious custom home to make this retreat your own, or embrace its current charm as an idyllic rental option. Whether expanding or savoring as is, this property promises a unique blend of privacy, income, and opportunity—perfect for those seeking a versatile and rewarding investment.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,304
Per Month
Principal & Interest
$7,237
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
$4,414
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Redland Elementary School
24501 SW 162nd Ave
Distance between this listing and this school2.84 miles
Public District Grades PK-5
9
/10
Norma Butler Bossard Elementary School
15950 SW 144th St
Distance between this listing and this school3.88 miles
Public District Grades PK-5
10
/10
Somerset Academy Charter
18491 SW 134th Ave
Distance between this listing and this school3.96 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Redland Middle School
16001 SW 248th St
Distance between this listing and this school2.99 miles
Public Magnet Grades 6-8
10
/10
Herbert A. Ammons Middle School
17990 SW 142nd Ave
Distance between this listing and this school3.31 miles
Public Magnet Grades 6-8
7
/10
Somerset Academy Charter Middle School
18491 SW 134th Ave
Distance between this listing and this school3.96 miles
Public Charter Grades 6-8
Nearby Schools
1
/10
Miami Macarthur Educational Center
13990 SW 264th St
Distance between this listing and this school5.04 miles
Public District Grades 6-12
6
/10
Robert Morgan Educational Center
18180 SW 122nd Ave
Distance between this listing and this school5.12 miles
Public Magnet Grades 9-12
1
/10
Secondary Student Success Center 803
18180 SW 122nd Ave
Distance between this listing and this school5.13 miles
The neighbors living near this home have an average income of $64,382. Most Miami, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 20235 SW 172nd Ave
What is the listing price of this property?
The listing price of 20235 SW 172nd Ave property is $1,450,000.
What type of property is this?
The property 20235 SW 172nd Ave is land located in Miami, Florida, 33187.
Is this property for sale now?
Active Listing: 20235 SW 172nd Ave 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 $8,093 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 20235 SW 172nd Ave in Miami, FL and zip code 33187 in the West Quail Roost neighborhood. This home sits on a 4.70 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,450,000.
Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.