3 months on rocket

Backup Offers

1236 NE 109th St, Miami, FL, 33161

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,950 SqFt
$436/SqFt
Multi
Schools Nearby

Location

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1236 NE 109th St, Miami$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1952
HeatingOther
CoolingCentral Air
MLS #A11524532
StatusAccepting Backup Offers
(Active Under Contract)

About 1236 NE 109th St

ATTENTION INVESTORS! The wait for Airbnb enthusiasts is over. Unit One boasts a spacious 2-bed, 2-bath layout with in-unit laundry, a private master bathroom, and shower. Unit Two also offers a generous 2-bedroom, 2-bathroom configuration, while Unit Three features a studio setup. Conveniently located just 15 minutes from Bal Harbor and beaches, this income-generating triplex offers a 6.5% cap rate. With a new roof and upgrades, it includes a studio RV hook-up at the rear of the property, four parking spots in the front, and a backyard yard space for guest entertainment and relaxation. The property is strategically situated near golf courses, major highways, shopping, and Biscayne Blvd. Close to Bal Harbour & Aventura Malls, Wynwood, Design District, Miami Shores and 15 mins to the beach!

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Other

Virtual/3D Tour

  • Virtual Tour: 1236 NE 109th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Miami Shores Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $436/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,710
  • 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

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1236 NE 109th St vs Miami

91 DAYS ON ROCKET

+35 Days

$850,000

+$303.8K More

$436/SqFt

+$53 More

KEY TAKEAWAY

This property is $303.8K more than the Median Sold Price and $53/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: #A11524532

Listing Office:

  • Office Name: Keller Williams Capital Realty
  • Office Phone: (305) 662-7325
  • Listing Agent: Ricky Kallabat

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: 5/4/2024, 12:20:32 PM 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$4,710$232,014
2018$4,202$209,276
2017$3,924$196,794

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-5925112
6
/10

  • Miami Shores Elementary School

  • 10351 NE 5th Ave

  • 0.92 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5925113
2
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.24 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5925114
2
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 3.62 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 $32,500. Residents of Miami, FL typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33161›1236 NE 109th St

This home is located at 1236 NE 109th St in Miami, FL and zip code 33161. This 1,950 square foot home was built in 1952. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $850,000.

In April 2024 more than 120 listings in Miami, FL were sold above the asking price. During the same period more than 157 listings were sold at asking price, while more than 608 were sold below. The number of listings in Miami, FL increased by 7.2% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.

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

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