7 months on rocket

1840 NW 87th St, Miami, FL, 33147

$565,900

Home List Price

$6,720*

Closing Credit

5 Bedrooms
3 Full Baths
1,776 SqFt
$319/SqFt
House
Schools Nearby

Location

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1840 NW 87th St, Miami$565,900

Buyer Closing Credits

$6,720*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Garage8 spaces
Year Built1947
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11456926
StatusActive

About 1840 NW 87th St

This owner-motivated property presents an exceptional opportunity, already generating a substantial monthly income of $5200. With five bedrooms and three full bathrooms, including a triplex layout, this expansive residence offers versatility and potential. The more than 2000 square-foot patio provides outdoor living space for tenants to enjoy. Situated on a vast lot of over 6000 square feet and recently upgraded, this property promises a solid investment with month-to-month tenants, offering flexibility and stability.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1947
  • Stories: 1
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 937-2003
  • Listing Agent: Claudia Cambero PA

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence, Porch, Patio

Parking Information:

  • Garage Space: 8 spaces
  • Parking: Covered, Driveway

Virtual/3D Tour

  • Virtual Tour: 1840 NW 87th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Central Senior High School, Public Magnet Grades 9-12
  • Madison Middle School, Public District Grades 6-8
  • Dr. Henry W. Mack/West Little River K-8 Center, Public District Grades PK-5

Other

Directions Information:

  • Directions: Use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,900
  • Price Per SqFt: $319/SqFt

Tax Information:

  • Annual Amount: $3,712
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

1840 NW 87th St vs Miami

220 DAYS ON ROCKET

+161 Days

$565,900

+$25.8K More

$319/SqFt

-$61 Less

KEY TAKEAWAY

This property is $25.8K more than the Median Sold Price and $61/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: #A11456926

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 937-2003
  • Listing Agent: Claudia Cambero PA

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, 6:25:15 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$3,712$221,199
2018$592$38,990
2017$592$38,189

History based on county public records data.

Payment Calculator

$2,892

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,763

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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-2931669
2
/10
  • Dr. Henry W. Mack/West Little River K-8 Center

  • 2450 NW 84th St

  • 0.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2931670
2
/10
  • Madison Middle School

  • 3400 NW 87th St

  • 1.53 miles

  • Public District Grades 6-8

High School

school-card-donut-2931671
2
/10
  • Miami Central Senior High School

  • 1781 NW 95th St

  • 0.68 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,107. Typical income of Miami, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1840 NW 87th St

What is the listing price of this property?

The listing price of 1840 NW 87th St property is $565,900.

What type of property is this?

The property 1840 NW 87th St is a house located in Miami, Florida, 33147.

Is this property for sale now?

Active Listing: 1840 NW 87th 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 1840 NW 87th St are:
Dr. Henry W. Mack/West Little River K-8 Center: GreatSchools Rating 2/10
Madison Middle School: GreatSchools Rating 2/10
Miami Central Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,712 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1840 NW 87th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1840 NW 87th St is 1,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1840 NW 87th St is 1947.

Rocket HomesFloridaMiami-Dade CountyMiami331471840 NW 87th St

This home is located at 1840 NW 87th St in Miami, FL and zip code 33147 in the West Little River neighborhood. This 1,776 square foot home was built in 1947. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 21, 2023 and is currently priced at $565,900.

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 number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. While the average time on the market in March 2024 was 59 days, the median list price was $540,091.

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

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