2 months on rocket

Backup Offers

1202 NW 61st St, Miami, FL, 33142

$775,000

Home List Price

$9,203*

Closing Credit

0 Baths
3,824 SqFt
$203/SqFt
Multi
Schools Nearby

Location

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1202 NW 61st St, Miami$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1979
HeatingCentral
CoolingCentral Air
MLS #A11538917
StatusAccepting Backup Offers
(Active Under Contract)

About 1202 NW 61st St

Explore the potential of this awesome fourplex situated in a prime location, offering an enticing opportunity for savvy investors aiming to optimize returns in a vibrant rental market. With current rental rates primed for improvement, this property presents a compelling chance to boost revenue streams and amplify profitability. Liberty City's dynamic real estate landscape and favorable economic climate create an advantageous environment for investors, with promising prospects for capital appreciation and enduring rental demand. Seize this extraordinary opportunity to leverage Liberty City's flourishing rental market to your advantage. PLEASE DO NOT DISTURB TENANTS. SHOWINGS WILL BEGIN AFTER MARCH 17, 2024! NO EXCEPTIONS

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1979
  • Stories: 2
  • Living Area: 3,824 SqFt

Listing Office:

  • Office Name: Robin Bird Realty Inc
  • Office Phone: (954) 404-4646
  • Listing Agent: Tamika Moses

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Virtual/3D Tour

  • Virtual Tour: 1202 NW 61st St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Northwestern Senior High School, Public Magnet Grades 9-12
  • Brownsville Middle School, Public District Grades 6-8
  • Lenora Braynon Smith Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $4,692
  • Tax Year: 2020
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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

1202 NW 61st St vs Miami

63 DAYS ON ROCKET

+4 Days

$775,000

+$234.9K More

$203/SqFt

-$177 Less

KEY TAKEAWAY

This property is $234.9K more than the Median Sold Price and $177/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: #A11538917

Listing Office:

  • Office Name: Robin Bird Realty Inc
  • Office Phone: (954) 404-4646
  • Listing Agent: Tamika Moses

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, 5:25:14 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$4,692$301,520
2018$4,057$59,625
2017$4,066$254,052

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-2893134
5
/10

  • Lenora Braynon Smith Elementary School

  • 4700 NW 12th Ave

  • 0.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2893135
2
/10

  • Brownsville Middle School

  • 4899 NW 24th Ave

  • 1.41 miles

  • Public District Grades 6-8

High School

school-card-donut-2893136
3
/10

  • Miami Northwestern Senior High School

  • 1100 NW 71st St

  • 0.54 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 $20,524. Typical income of Miami, FL residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33142›1202 NW 61st St

This home is located at 1202 NW 61st St in Miami, FL and zip code 33142 in the Liberty City East neighborhood. This 3,824 square foot home was built in 1979. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $775,000.

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%. In March 2024 median list price was $540,091 and the average listing age was 59 days.

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

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