11 months on rocket

105 NW 31, Miami, FL, 33127

$1,990,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,561 SqFt
$1,275/SqFt
Multi
Schools Nearby

Location

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105 NW 31, Miami$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1930
HeatingCentral
CoolingCentral Air
MLS #A11383303
StatusActive

About 105 NW 31

Prime Real Estate Location 7,800 sqft lot in one of miami's most up and coming neighborhoods Wynwood / Wynwood Norte. Property has been rezoned to T4-O which allows it to have a 3 story 18 unit building or a 4 story 24 unit building ( with 25% miami dade affordable housing units) with no parking required!! Th house has 143 ft of frontage facing 1 ave Nw and 55 ft of frontage facing 31 st Nw which is a total of 198 ft of frontage!!! This is a developers/ Investors dream!! The area is hot and growing with world class developments steps away from the property! The house is in great shape. Run as a profitable short term rental property in this busy and trendy neighborhood. House is fully furnished for short term rental business.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1930
  • Stories: 4
  • Living Area: 1,561 SqFt

Listing Office:

  • Office Name: South Florida Premier Realty Group LLC
  • Office Phone: (305) 442-0425
  • Listing Agent: Christian Noffra

Interior Features

Interior Information:

  • Flooring Type: Other

Virtual/3D Tour

  • Virtual Tour: 105 NW 31

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
  • Eneida Massas Hartner Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $1,275/SqFt
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Housing Market Comparison

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

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Miami, FL

City

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

105 NW 31 vs Miami

356 DAYS ON ROCKET

+297 Days

$1,990,000

+$1.4M More

$1,275/SqFt

+$895 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $895/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: #A11383303

Listing Office:

  • Office Name: South Florida Premier Realty Group LLC
  • Office Phone: (305) 442-0425
  • Listing Agent: Christian Noffra

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: 4/27/2024, 11:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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-1716928
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.32 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1716929
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 0.39 miles

  • Public District Grades 6-8

High School

school-card-donut-1716930
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.43 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 $19,928. Most Miami, FL residents have annual incomes less than $35k. 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

Rocket Homes›Florida›Miami-Dade County›Miami›33127›105 NW 31

This home is located at 105 NW 31 in Miami, FL and zip code 33127. This 1,561 square foot home was built in 1930. It has been listed on Rocket Homes since May 07, 2023 and is currently priced at $1,990,000.

In March 2024 more than 115 listings in Miami, FL were sold above the asking price. During the same period more than 149 listings were sold at asking price, while more than 619 were sold below. Between February 2024 and March 2024, Miami, FL real estate market has seen increase in the number of listings by 9.1%. While the average time on the market in March 2024 was 59 days, the median list price was $540,091.

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

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