This property presents a unique opportunity to create your future dream home in a strategic location. Situated on a generous 8500 square foot lot, this home offers 2 bedrooms and 1 bathroom. Zoned for multifamily use this makes this property an exceptional find for savvy investors looking to create their own rental income residence. The spacious lot provides ample room for expansion and development. Located right off Biscayne Blvd, this property is in close proximity to FIU BBC, Aventura Mall, and the new Brightline station, offering unparalleled convenience and access to a variety of amenities and transportation options. Don't miss out on this rare opportunity, considering all serious offers!
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1950
Stories: 1
Living Area: 871 SqFt
Listing Office:
Office Name: Compass Florida LLC
Office Phone: (305) 851-2820
Listing Agent: Anthony Rojas
Interior Features
Interior Information:
Appliances: Electric Range, Microwave, Refrigerator
Flooring Type: Other, Tile, Vinyl
Interior: Bedroom on Main Level, First Floor Entry, Kitchen/Dining Combo, Living/Dining Room, Main Level Primary
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,987
Per Month
Principal & Interest
$2,920
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,820
Powered By
Advertisement
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
5
/10
W. J. Bryan Elementary School
1201 NE 125th St
Distance between this listing and this school0.19 miles
Public Magnet Grades PK-5
Middle School
3
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school0.94 miles
Public Magnet Grades 6-8
High School
3
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school0.80 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
W. J. Bryan Elementary School
1201 NE 125th St
Distance between this listing and this school0.19 miles
Public Magnet Grades PK-5
Nearby Schools
6
/10
Arch Creek Elementary School
702 NE 137th St
Distance between this listing and this school1.02 miles
Public District Grades PK-5
6
/10
Natural Bridge Elementary School
1650 NE 141st St
Distance between this listing and this school1.27 miles
Public District Grades PK-5
Assigned Schools
3
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school0.94 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Aspira Raul Arnaldo Martinez Charter School
13300 Memorial Hwy
Distance between this listing and this school1.36 miles
Public Charter Grades 6-8
4
/10
Thomas Jefferson Middle School
525 NW 147th St
Distance between this listing and this school2.54 miles
Public District Grades 6-8
Assigned Schools
3
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school0.80 miles
Public Magnet Grades 9-12
Nearby Schools
8
/10
Doctors Charter School of Miami Shores
11301 NW 5th Ave
Distance between this listing and this school2.06 miles
Public Charter Grades 6-12
5
/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus
2601 NE 151st St
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $26,741. The most common annual income of people living in North Miami, FL is 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
Frequently Asked Questions About 12325 NE 11th Pl
What is the listing price of this property?
The listing price of 12325 NE 11th Pl property is $585,000.
What type of property is this?
The property 12325 NE 11th Pl is a house located in North Miami, Florida, 33161.
Is this property for sale now?
Active Listing: 12325 NE 11th Pl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 12325 NE 11th Pl are: W. J. Bryan Elementary School: GreatSchools Rating 5/10North Miami Middle School: GreatSchools Rating 3/10North Miami Senior High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $472 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 12325 NE 11th Pl has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 12325 NE 11th Pl is 871 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12325 NE 11th Pl is 1950.
This home is located at 12325 NE 11th Pl in North Miami, FL and zip code 33161. This 871 square foot home was built in 1950. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $585,000.
In March 2024, from all listings sold in North Miami, FL there were more than 5 sold above asking price, over 23 sold below and more than 1 were sold right at the asked price. The number of homes for sale in North Miami, FL increased by 16.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 41 days, the median list price was $390,000.
From Rocket Homes Real Estate and based on county public records data.