29 days on rocket

1223 NW 116th Ter, Miami, FL, 33167

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
2 Full Baths
1,434 SqFt
$331/SqFt
House
Schools Nearby

Location

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1223 NW 116th Ter, Miami$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1950
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11551190
StatusActive

About 1223 NW 116th Ter

Great area to live in for a growing family. The listing features 3br/2b with an in-law quarter and a spacious yard. The property is located near public transportation, shopping, and dining. Schedule a showing soon, because this listing isn't likely to last long. Please submit your highest and best offer.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,434 SqFt

Listing Office:

  • Office Name: Macken Realty Inc
  • Office Phone: (305) 933-3800
  • Listing Agent: Michael Randle

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence, Fruit Trees, Porch

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Central Senior High School, Public Magnet Grades 9-12
  • North Dade Middle School, Public Magnet Grades 6-8
  • Lakeview Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $2,808
  • 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

1223 NW 116th Ter vs Miami

29 DAYS ON ROCKET

-30 Days

$475,000

-$65K Less

$331/SqFt

-$49 Less

KEY TAKEAWAY

This property is $65K less than the Median Sold Price and $49/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: #A11551190

Listing Office:

  • Office Name: Macken Realty Inc
  • Office Phone: (305) 933-3800
  • Listing Agent: Michael Randle

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, 9:25:15 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$2,808$169,751
2018$2,715$122,420
2017$2,447$111,291

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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-1128381
4
/10

  • Lakeview Elementary School

  • 1290 NW 115th St

  • 0.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1128382
2
/10

  • North Dade Middle School

  • 1840 NW 157th St

  • 2.55 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1128383
2
/10

  • Miami Central Senior High School

  • 1781 NW 95th St

  • 1.37 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 $40,203. Most Miami, FL residents have annual incomes between $35k-100k. Residents typically live in single, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1223 NW 116th Ter

What is the listing price of this property?

The listing price of 1223 NW 116th Ter property is $475,000.

What type of property is this?

The property 1223 NW 116th Ter is a house located in Miami, Florida, 33167.

Is this property for sale now?

Active Listing: 1223 NW 116th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1223 NW 116th Ter are:
Lakeview Elementary School: GreatSchools Rating 4/10
North Dade Middle School: GreatSchools Rating 2/10
Miami Central Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,808 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1223 NW 116th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1223 NW 116th Ter is 1,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1223 NW 116th Ter is 1950.

Rocket Homes›Florida›Miami-Dade County›Miami›33167›1223 NW 116th Ter

This home is located at 1223 NW 116th Ter in Miami, FL and zip code 33167 in the North East Little River neighborhood. This 1,434 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $475,000.

In March 2024, from all listings sold in Miami, FL there were more than 115 sold above asking price, over 619 sold below and more than 149 were sold right at the asked price. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased 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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