15 days on rocket

1020 SW 7th St Unit 5, Miami, FL, 33130

$245,000

Home List Price

$2,909*

Closing Credit

2 Bedrooms
1 Full Bath
510 SqFt
$480/SqFt
Condo
Schools Nearby

Location

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1020 SW 7th St Unit 5, Miami$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space, Garage Door Opener
Garage1 space
Year Built1964
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11569229
StatusActive

About 1020 SW 7th St Unit 5

Discover the appeal of urban living with this GREAT 510 sqft unit at 1020 SW 7th, Unit 5, Miami, FL. This turn-key investment includes two bedrooms, one bath, and recent upgrades such as a new air conditioner, water heater, and oven. It's already generating income with a current lease at $1,850 per month and boasts a low monthly assessment of just $175. Situated a stone's throw from the vibrant Brickell City Centre, this property is perfect for those who appreciate the convenience of city life. An excellent opportunity for a savvy investor.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 510 SqFt

Listing Office:

  • Office Name: Avanti Way Realty LLC
  • Office Phone: (305) 229-1146
  • Listing Agent: Maria Videla

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Second Floor Entry, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: None
  • Exterior: None

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1020 SW 7th St Unit 5

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Riverside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Brickell City Centre, head west on SW 8th St, turn left onto SW 1st Ave, then right onto SW 7th St. The property is just minutes away on the left, providing direct access to the vibrant heart of Brickell.

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $480/SqFt

HOA Fees:

  • Amount: $175
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1020 SW 7th St Unit 5 vs Miami

15 DAYS ON ROCKET

-41 Days

$245,000

-$301.1K Less

$480/SqFt

+$97 More

KEY TAKEAWAY

This property is $301.1K less than the Median Sold Price and $97/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: #A11569229

Listing Office:

  • Office Name: Avanti Way Realty LLC
  • Office Phone: (305) 229-1146
  • Listing Agent: Maria Videla

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: 5/1/2024, 4:45:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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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

school-card-donut-4368582
3
/10
  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4368583
1
/10
  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 2.75 miles

  • Public District Grades 6-8

High School

school-card-donut-4368584
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.42 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,198. Typical income of Miami, FL residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 SW 7th St Unit 5

What is the listing price of this property?

The listing price of 1020 SW 7th St Unit 5 property is $245,000.

What type of property is this?

The property 1020 SW 7th St Unit 5 is a condo located in Miami, Florida, 33130.

Is this property for sale now?

Active Listing: 1020 SW 7th St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1020 SW 7th St Unit 5 are:
Riverside Elementary School: GreatSchools Rating 3/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1020 SW 7th St Unit 5 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1020 SW 7th St Unit 5 is 510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 SW 7th St Unit 5 is 1964.

Rocket HomesFloridaMiami-Dade CountyMiami331301020 SW 7th St Unit 5

This home is located at 1020 SW 7th St Unit 5 in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 510 square foot home was built in 1964. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $245,000.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. In April 2024 in Miami, FL there were 7.2% more homes for sale than in March 2024. In April 2024 median list price was $546,178 and the average listing age was 56 days.

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

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