9 months on rocket

2049 SW 7th St, Miami, FL, 33135

$975,000

Home List Price

$10,000*

Closing Credit

0 Baths
920 SqFt
$1,060/SqFt
Multi
Schools Nearby

Location

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2049 SW 7th St, Miami$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1951
HeatingElectric, Other, Wall Furnace
CoolingCentral Air, Electric, Other
MLS #A11419760
StatusActive

About 2049 SW 7th St

Both Folio equal 6800 lot size. It is an excellent investment. Well located, one block from Calle 8, and with approval to build up to 9 units, it offers great potential. The fact that it can be converted into residential property is a bonus, as the demand for homes is often high. Zone T4 is also favorable as it generally allows for a variety of residential uses and may have reasonable height and density restrictions. This means that you have the flexibility to design and build different types of residential units on the property. Also, having ample parking is a plus, as many residents appreciate having enough space to conveniently park their vehicles. Overall it appears that this property has great potential to generate income and increase in value in the long term.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 920 SqFt

Listing Office:

  • Office Name: Pinnacle Realty of Florida
  • Office Phone: (786) 631-5815
  • Listing Agent: Roberto Claro

Interior Features

Interior Information:

  • Flooring Type: Concrete, Ceramic Tile, Tile

Exterior Features

Exterior Information:

  • Exterior: Fruit Trees, Other, Porch

Virtual/3D Tour

  • Virtual Tour: 2049 SW 7th St

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Utilities

Utilities Information:

  • Heating: Electric, Other, Wall Furnace
  • Cooling: Central Air, Electric, Other

School Info

Assigned Schools Information:

  • Miami Senior High School, Public Magnet Grades 9-12
  • Shenandoah Middle School, Public Magnet Grades 6-8
  • Shenandoah Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $1,060/SqFt

Tax Information:

  • Annual Amount: $3,643
  • 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

2049 SW 7th St vs Miami

292 DAYS ON ROCKET

+236 Days

$975,000

+$428.8K More

$1,060/SqFt

+$677 More

KEY TAKEAWAY

This property is $428.8K more than the Median Sold Price and $677/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: #A11419760

Listing Office:

  • Office Name: Pinnacle Realty of Florida
  • Office Phone: (786) 631-5815
  • Listing Agent: Roberto Claro

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: 5/2/2024, 9:20:33 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$3,643$200,160
2018$3,020$107,074
2017$2,634$124,728

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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-5001858
7
/10

  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5001859
5
/10

  • Shenandoah Middle School

  • 1950 SW 19th St

  • 0.89 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5001860
5
/10

  • Miami Senior High School

  • 2450 SW 1st St

  • 0.53 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 $16,285. The most common annual income of people living in Miami, FL is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33135›2049 SW 7th St

This home is located at 2049 SW 7th St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This 920 square foot home was built in 1951. It has been listed on Rocket Homes since July 15, 2023 and is currently priced at $975,000.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. 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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