4 months on rocket

Backup Offers

1122 SW 87th Ave Unit A-5, Miami, FL, 33174

$398,000

Home List Price

$4,726*

Closing Credit

3 Bedrooms
2 Full Baths
1,136 SqFt
$350/SqFt
Condo
Schools Nearby

Location

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1122 SW 87th Ave Unit A-5, Miami$398,000

Buyer Closing Credits

$4,726*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Detached, Garage, Guest, Other, Two or More Spaces
Garage2 spaces
Year Built1981
HeatingCentral, Electric
CoolingCentral Air
ViewGarden
MLS #A11498932
StatusAccepting Backup Offers
(Active Under Contract)

About 1122 SW 87th Ave Unit A-5

Amazing opportunity to own this condo with 3 bedrooms/2 bathrooms in one of the most desirable areas of Miami. This is a great opportunity with a lot of potential for a small family or an investor in the rental market. This home offers an open living area, tile flooring, a large master bedroom, ample closet. Fully fenced backyard to enjoy with the family! Impact windows and doors. The condominium does NOT have reserves. Centrally located with easy access to the Palmetto Expressway, shopping centers and close to FIU University. Kitchen Cabinets need to be replaced. THE WATER IS INCLUDED. OWNER FINANCING: 30% DOWN, $297,500. PURCHASE MONEY MORTGAGE, 15 YRS. P & I, 8% YR. INT, NON-ASSUMABLE MTG'E, $10,000 PREPAYMENT PENALTY FIRST 10 YRS. Don't miss out on this fantastic opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Living Area: 1,136 SqFt

Listing Office:

  • Office Name: Century 21 World Connection
  • Office Phone: (305) 434-2100
  • Listing Agent: Barbara Tojo

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Breakfast Area, Eat-in Kitchen, First Floor Entry, Separate Shower, Bay Window

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Detached, Garage, Guest, Other, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 1122 SW 87th Ave Unit A-5

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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Coral Park Senior High School, Public Magnet Grades 9-12
  • Rockway Middle School, Public District Grades 6-8
  • Everglades K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,000
  • Price Per SqFt: $350/SqFt

HOA Fees:

  • Amount: $433
  • Frequency: Monthly
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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

1122 SW 87th Ave Unit A-5 vs Miami

139 DAYS ON ROCKET

+80 Days

$398,000

-$142K Less

$350/SqFt

-$30 Less

KEY TAKEAWAY

This property is $142K less than the Median Sold Price and $30/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11498932

Listing Office:

  • Office Name: Century 21 World Connection
  • Office Phone: (305) 434-2100
  • Listing Agent: Barbara Tojo

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: 4/29/2024, 3:25:16 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

$2,487

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,260

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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-3191344
7
/10

  • Everglades K-8 Center

  • 8375 SW 16th St

  • 0.46 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3191345
7
/10

  • Rockway Middle School

  • 9393 SW 29th Ter

  • 1.32 miles

  • Public District Grades 6-8

High School

school-card-donut-3191346
4
/10

  • Miami Coral Park Senior High School

  • 8865 SW 16th St

  • 0.35 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 $46,186. Residents of Miami, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1122 SW 87th Ave Unit A-5

What is the listing price of this property?

The listing price of 1122 SW 87th Ave Unit A-5 property is $398,000.

What type of property is this?

The property 1122 SW 87th Ave Unit A-5 is a condo located in Miami, Florida, 33174.

Is this property for sale now?

Accepting Backup Offers: 1122 SW 87th Ave Unit A-5 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1122 SW 87th Ave Unit A-5 are:
Everglades K-8 Center: GreatSchools Rating 7/10
Rockway Middle School: GreatSchools Rating 7/10
Miami Coral Park Senior High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 1122 SW 87th Ave Unit A-5 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1122 SW 87th Ave Unit A-5 is 1,136 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1122 SW 87th Ave Unit A-5 is 1981.

Rocket Homes›Florida›Miami-Dade County›Miami›33174›1122 SW 87th Ave Unit A-5

This home is located at 1122 SW 87th Ave Unit A-5 in Miami, FL and zip code 33174 in the Westchester neighborhood. This 1,136 square foot home was built in 1981. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $398,000.

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%. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.

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

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