Attention investors & developers! An exclusive opportunity awaits you with this 5,000 SF lot, zoned as T-4R, offering the potential to develop up to 8 units under the attainable mixed-income housing program, under the Miami 21 zoning code. Strategically located just a block away from Midtown shops & within walking distance to the vibrant Wynwood Arts District, this property's prime position extends its allure to the Design District, Brickell, world-renowned art galleries, antique shops, artisanal eateries, bars, shopping, and much more. Moreover, its convenient 15-minute drive to both MIA and Miami Beach ensures seamless access to major transportation routes, including the primary expressways I-95 and I-395. Don't let this prime opportunity in a thriving and well-connected area slip away!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,531
Per Month
Principal & Interest
$6,464
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
$3,949
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
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.33 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school0.36 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.52 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.33 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy of International Studies
795 NW 32nd St
Distance between this listing and this school0.70 miles
Public Charter Grades KG-5
5
/10
Paul Laurence Dunbar K-8 Center
505 NW 20th St
Distance between this listing and this school0.84 miles
Public District Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school0.36 miles
Public District Grades 6-8
Nearby Schools
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school0.70 miles
Public Charter Grades 6-8
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school0.91 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.52 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Young Men's Preparatory Academy
3001 NW 2nd Ave
Distance between this listing and this school0.16 miles
Public Magnet Grades 6-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.62 miles
The neighbors living near this home have an average income of $33,511. The most common annual income of people living in Miami, FL is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 145 NW 33rd St in Miami, FL and zip code 33127. This 1,976 square foot home was built in 1926. It has been listed on Rocket Homes since November 14, 2023 and is currently priced at $1,295,000.
Over 115 listings were sold over their listed price in March 2024 in Miami, FL. In the same period over 619 listings were sold below the listed price and 149 listings were sold for the listed price. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 2024. 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.