2 months on rocket

1261 NW 27th St, Miami, FL, 33142

$1,299,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,866 SqFt
$453/SqFt
Multi
Schools Nearby

Location

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1261 NW 27th St, Miami$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1923
HeatingOther
CoolingWall/Window Unit(s)
MLS #A11533541
StatusActive

About 1261 NW 27th St

LOCATION...LOCATION...LOCATION!!! TAKE ADAVANTAGE OF THIS AMAZING INVESTMENT OPPORTUNITY. CLOSE TO HIGHLY SOUGHT AFTER WYNWOOD/DOWNTOWN AREA. Transformed from a triplex to a lucrative quadplex, this property offers an enticing investment opportunity. There are two, 2/1 units in the front of the property with roof updated 2018 . A separate efficiency, The back has two additional, 2/1 units ( upstairs and downstairs) with a brand new roof , Laundry space available for the whole building. Property has huge potential for expansion, easily accessible to highways such as 112,I95 and quick access to Miami beach. Send your offers seller is motivated.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 2,866 SqFt

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Maria Gomez

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile
  • Interior: Air Filtration

Virtual/3D Tour

  • Virtual Tour: 1261 NW 27th St

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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Miami Jackson Senior High School, Public Magnet Grades 9-12
  • Allapattah Middle School, Public District Grades 6-8
  • Paul Laurence Dunbar K-8 Center, Public District Grades PK-5

Other

Directions Information:

  • Directions: FOR ENGLISH SPEAKERS CONTACT AURII

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $453/SqFt

Tax Information:

  • Annual Amount: $4,837
  • 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

1261 NW 27th St vs Miami

71 DAYS ON ROCKET

+12 Days

$1,299,000

+$758.9K More

$453/SqFt

+$73 More

KEY TAKEAWAY

This property is $758.9K more than the Median Sold Price and $73/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: #A11533541

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Maria Gomez

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, 7:25:14 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$4,837$284,292
2018$4,109$119,594
2017$3,687$197,887

History based on county public records data.

Payment Calculator

$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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-2981555
5
/10

  • Paul Laurence Dunbar K-8 Center

  • 505 NW 20th St

  • 0.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2981556
2
/10

  • Allapattah Middle School

  • 1331 NW 46th St

  • 1.10 miles

  • Public District Grades 6-8

High School

school-card-donut-2981557
2
/10

  • Miami Jackson Senior High School

  • 1751 NW 36th St

  • 0.79 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 $30,088. Residents of Miami, FL typically earn less than $35k each year. The most common type of family is 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›1261 NW 27th St

This home is located at 1261 NW 27th St in Miami, FL and zip code 33142 in the Pinewood Park neighborhood. This 2,866 square foot home was built in 1923. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $1,299,000.

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, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

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

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