5 months on rocket

Backup Offers

1642 NE 110th Ter, Miami, FL, 33161

$847,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,232 SqFt
$688/SqFt
House

Location

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1642 NE 110th Ter, Miami$847,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Detached Carport, Driveway, Garage, Garage Door Opener
Attached GarageYes
Year Built1957
HeatingCentral, Wall Furnace
CoolingCentral Air, Ceiling Fan(s), Wall/Window Unit(s)
ViewNone
MLS #A11540842
StatusAccepting Backup Offers
(Active Under Contract)

About 1642 NE 110th Ter

Invest in your future with this income-producing house in the heart of Miami! Located 10 minutes from both the beach and the Design District, this property is professionally managed for almost 10 years with a full schedule of long-term rentals. For those interested in short-term rentals, the necessary permits are in the process of approval–a solid investment opportunity in the making. To learn more or schedule a viewing, submit proof of funds and contact our broker. Not only is this property a lucrative investment, but it could also become your dream home. With professionally managed services ensuring a hassle-free experience, you can seamlessly transition between your home and an income-generating asset. Property has code violations and is undergoing compliance- cash or long closing

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,232 SqFt

Listing Office:

  • Office Name: Realty Hub
  • Office Phone: (407) 900-1001
  • Listing Agent: Esther Frances

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Flooring Type: Terrazzo
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Barbecue, Deck, Fence, Lighting, Porch, Patio, Security/High Impact Doors

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Detached Carport, Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1642 NE 110th Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus, Public District Grades 9-12
  • North Miami Middle School, Public Magnet Grades 6-8
  • David Lawrence Jr. K-8 Center, Public District Grades PK-5

Other

Directions Information:

  • Directions: Biscayne & NE 110th terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $847,000
  • Price Per SqFt: $688/SqFt

Tax Information:

  • Annual Amount: $1,540
  • 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

$557K

Med. Price/SqFt

$387

Avg. Days On Market

57

# of Sold Homes

741

1642 NE 110th Ter vs Miami

172 DAYS ON ROCKET

+115 Days

$847,000

+$289.9K More

$688/SqFt

+$300 More

KEY TAKEAWAY

This property is $289.9K more than the Median Sold Price and $300/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: #A11540842

Listing Office:

  • Office Name: Realty Hub
  • Office Phone: (407) 900-1001
  • Listing Agent: Esther Frances

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: 9/20/2024, 8:20:48 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$1,540$97,581
2018$1,423$93,610
2017$1,459$94,549

History based on county public records data.

Payment Calculator

$4,295

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,606

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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-125755
6
/10

  • David Lawrence Jr. K-8 Center

  • 15000 Bay Vista Blvd

  • 2.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-125756
4
/10

  • North Miami Middle School

  • 700 NE 137th St

  • 1.93 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-125757
5
/10

  • Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus

  • 2601 NE 151st St

  • 2.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,386. Residents of Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Miami, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Miami, FL?

Miami's housing market is vibrant and diverse, with a mix of luxurious high-rise condos, charming Art Deco apartments, and sprawling waterfront estates. Single-family homes, which make up a significant portion of the market, often showcase a blend of Mediterranean Revival and modern architectural styles. The city's homeownership rate is robust, with a substantial number of residents investing in property, while the remainder of the population opts for the flexibility of renting.

Is Miami, FL a good place to live?

Miami is celebrated for its dynamic cultural scene and lively atmosphere. The city prides itself on being a melting pot of cultures, which is reflected in its vibrant neighborhoods, each with its own unique flair. Annual events like the Calle Ocho Festival and Art Basel Miami Beach highlight the community's rich artistic heritage and diverse cultural identity.

Are things conveniently located in Miami, FL?

The community benefits from a well-rounded array of services, including a network of public and private schools that cater to a range of educational needs. Miami is home to several major hospitals, offering comprehensive healthcare services from emergency care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining options abound, featuring everything from high-end boutiques to local eateries that serve up a taste of Miami's diverse culinary landscape.

What does the transportation in Miami, FL look like?

Miami's transportation infrastructure is designed to accommodate both residents and visitors. The city offers a variety of public transit options, including the Metrorail, Metromover, and Metrobus systems, with schedules that cater to commuters and those traveling within the city. Ride-sharing services are readily available, enhancing mobility for those who prefer not to drive. The city is also focused on improving walkability and bikeability, particularly in areas like Downtown and Miami Beach. Major highways such as I-95 and the Dolphin Expressway facilitate travel in and out of the city, with ongoing projects aimed at enhancing traffic flow and reducing congestion.

Frequently Asked Questions About 1642 NE 110th Ter

What is the listing price of this property?

The listing price of 1642 NE 110th Ter property is $847,000.

What type of property is this?

The property 1642 NE 110th Ter is a house located in Miami, Florida, 33161.

Is this property for sale now?

Accepting Backup Offers: 1642 NE 110th Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1642 NE 110th Ter are:
David Lawrence Jr. K-8 Center: GreatSchools Rating 6/10
North Miami Middle School: GreatSchools Rating 4/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,540 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1642 NE 110th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1642 NE 110th Ter is 1,232 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1642 NE 110th Ter is 1957.

Rocket Homes›Florida›Miami-Dade County›Miami›33161›1642 NE 110th Ter

This home is located at 1642 NE 110th Ter in Miami, FL and zip code 33161. This 1,232 square foot home was built in 1957. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $847,000.

While more than 87 listings in Miami, FL in August 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 546 were sold below. In August 2024 in Miami, FL there were 8.7% more homes for sale than in July 2024. Listings spent 57 days on the market in August 2024, and had a median list price of $557,077 during the same period.

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

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