5 months on rocket

1240 71st St, Miami Beach, FL, 33141

$800,000

0.17 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
MLS #A11472811
Lot Size0.17 Acres
StatusActive

About 1240 71st St

Vacant LOT - Zoned RO - Religious Institutions, Office low density, Multifamily, or Single Family Home. 5531 buildable New square footage. Perfect opportunity for corporate offices, medical offices, lawyers office, real estate, new start-up, architect firm. Provide new office space in a booming area, that has ZERO new office space construction. Build it, Lease it, Flip it. Lots of opportunities. Concept of Live, Work, Play would be ideal, residential top floor, office space lower level. Located at the gateway to the Normandy business district. Walkability 100%. See attachments SURVEY. Power point presentation available. INQUIRE for SHORT TERM LEASING of LOT.

Property Details

Property Features

Listing Office:

  • Office Name: 1St Class Realty & Management Co.
  • Office Phone: (786) 373-7368
  • Listing Agent: Sheila McCutcheon

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  • Virtual Tour: 1240 71st St

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Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Treasure Island Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of Rue de Notre Dame and 71st (Heading EAST) located on South Side of 71st CORNER LOT - across the street from Commercial, Across the other street and next door to Single Family Homes and next door to Multifamily Building. Truly a multipurpose lot!

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000

Tax Information:

  • Annual Amount: $12,680
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

1240 71st St vs Miami Beach

179 DAYS ON ROCKET

+94 Days

$800,000

+$230.2K More

KEY TAKEAWAY

This property is $230.2K more than the Median Sold Price in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11472811

Listing Office:

  • Office Name: 1St Class Realty & Management Co.
  • Office Phone: (786) 373-7368
  • Listing Agent: Sheila McCutcheon

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: 4/28/2024, 11:25:14 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$12,680$708,700
2018$10,649$565,967
2017$10,165$566,960

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-2709288
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2709289
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.65 miles

  • Public District Grades 6-8

High School

school-card-donut-2709290
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 3.80 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,190. The most common annual income of people living in Miami Beach, FL is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 71st St

What is the listing price of this property?

The listing price of 1240 71st St property is $800,000.

What type of property is this?

The property 1240 71st St is land located in Miami Beach, Florida, 33141.

Is this property for sale now?

Active Listing: 1240 71st St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 71st St are:
Treasure Island Elementary School: GreatSchools Rating 7/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,680 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1240 71st St is 0.17 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331411240 71st St

This home is located at 1240 71st St in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $800,000.

While more than 6 listings in Miami Beach, FL in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 118 were sold below. Between February 2024 and March 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 8.6%. While the average time on the market in March 2024 was 85 days, the median list price was $569,797.

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

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