3 months on rocket

245 NE 25th St, Miami, FL, 33137

$2,100,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
1,701 SqFt
$1,235/SqFt
House
Schools Nearby

Location

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245 NE 25th St, Miami$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1917
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
ViewOther
MLS #A11521686
StatusActive

About 245 NE 25th St

Attention astute investors! This property offers immense potential with a 3-bed/2-bath house and a two-story building in the rear, each floor featuring an apartment. Situated on a 5,550 sq ft lot with commercial and residential zoning, the options are limitless. Renovate the existing house or explore the possibility of constructing up to 18 units. Prime location ensures lucrative returns. Seize this opportunity to become a visionary investor!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1917
  • Stories: 2
  • Living Area: 1,701 SqFt

Listing Office:

  • Office Name: American Prime Realty Inc.
  • Office Phone: (305) 267-9660
  • Listing Agent: Leonardo Herrera

Interior Features

Interior Information:

  • Appliances: Other, Refrigerator
  • Flooring Type: Parquet
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Barbecue, Fence, Outdoor Grill, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 245 NE 25th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Phyllis Wheatley Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $1,235/SqFt

Tax Information:

  • Annual Amount: $10,520
  • 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

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

245 NE 25th St vs Miami

92 DAYS ON ROCKET

+33 Days

$2,100,000

+$1.5M More

$1,235/SqFt

+$855 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $855/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: #A11521686

Listing Office:

  • Office Name: American Prime Realty Inc.
  • Office Phone: (305) 267-9660
  • Listing Agent: Leonardo Herrera

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: 4/27/2024, 12:25:15 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$10,520$531,388
2018$9,885$509,756
2017$9,783$499,272

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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-1220941
4
/10

  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 0.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1220942
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1220943
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.37 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 $37,625. The most common annual income of people living in Miami, FL is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 NE 25th St

What is the listing price of this property?

The listing price of 245 NE 25th St property is $2,100,000.

What type of property is this?

The property 245 NE 25th St is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 245 NE 25th 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 245 NE 25th St are:
Phyllis Wheatley Elementary School: GreatSchools Rating 4/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,520 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 245 NE 25th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 245 NE 25th St is 1,701 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 NE 25th St is 1917.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›245 NE 25th St

This home is located at 245 NE 25th St in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,701 square foot home was built in 1917. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $2,100,000.

Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased by 9.1%. The median list price of listings available in March 2024 was $540,091, while the average time on the real estate market was 59 days.

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

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