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Backup Offers

1601 NW 14th Ter, Miami, FL, 33125

$490,000

Home List Price

$5,819*

Closing Credit

0 Baths
1,488 SqFt
$329/SqFt
Multi
Schools Nearby

Location

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1601 NW 14th Ter, Miami$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1939
HeatingWall Furnace
CoolingCentral Air, Ceiling Fan(s), Wall/Window Unit(s)
MLS #A11573611
StatusAccepting Backup Offers
(Active Under Contract)

About 1601 NW 14th Ter

Situated on a prime corner lot, this property has two separate units, a 3 bedroom/2 bath and a one bedroom/1 bath, individually metered for electricity. It needs some TLC but has great structure and bones. Its location is unbeatable, with easy access to Loan Depot Park, Grapeland Water Park, the airport, the beach, and popular destinations like Wynwood and Brickell. Zoned T68R with a PA zone of 4601- Multi-Family 8 stories, the potential to develop in the future is also endless, but for now, renovate and cash flow! Don't miss out on this exceptional income-producing opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Christopher Lardner

Interior Features

Interior Information:

  • Flooring Type: Other

Virtual/3D Tour

  • 3D Tour: 1601 NW 14th Ter

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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $329/SqFt

Tax Information:

  • Annual Amount: $1,364
  • 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

1601 NW 14th Ter vs Miami

10 DAYS ON ROCKET

-46 Days

$490,000

-$56.1K Less

$329/SqFt

-$54 Less

KEY TAKEAWAY

This property is $56.1K less than the Median Sold Price and $54/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11573611

Listing Office:

  • Office Name: RE/MAX Advance Realty II
  • Office Phone: (305) 251-2127
  • Listing Agent: Christopher Lardner

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: 5/3/2024, 11:20:36 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$1,364$59,966
2018$1,334$57,526
2017$1,334$56,343

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,536

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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-5276865
5
/10

  • Paul Laurence Dunbar K-8 Center

  • 505 NW 20th St

  • 1.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5276866
3
/10

  • Citrus Grove Middle School

  • 2153 NW 3rd St

  • 0.91 miles

  • Public District Grades 6-8

High School

school-card-donut-5276867
2
/10

  • Miami Jackson Senior High School

  • 1751 NW 36th St

  • 1.53 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 $15,939. The majority of Miami, FL residents have income less than $35k annually. 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

Rocket Homes›Florida›Miami-Dade County›Miami›33125›1601 NW 14th Ter

This home is located at 1601 NW 14th Ter in Miami, FL and zip code 33125 in the Civic Center neighborhood. This 1,488 square foot home was built in 1939. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $490,000.

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 homes for sale in Miami, FL increased by 7.2% between March 2024 and April 2024. The median list price of listings available in April 2024 was $546,178, while the average time on the real estate market was 56 days.

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

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