5 months on rocket

3091 NW 1st St, Miami, FL, 33125

$775,000

Home List Price

$9,203*

Closing Credit

0 Baths
2,728 SqFt
$284/SqFt
Multi
Schools Nearby

Location

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3091 NW 1st St, Miami$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1939
HeatingCentral
CoolingCentral Air
MLS #A11490817
StatusActive

About 3091 NW 1st St

3091 nw 1 st - $775K – Triplex (non-conforming fourplex) Little Havana Legal triplex operating with a non-conforming extra unit for extra income. All units are 1/1s, with Central a/c. property sits on an attractive corner location. Current NOI of $40k, raisable to Proforma NOI of $56k, and over a 7% cap at asking price. Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city. Priced very reasonable to sell. The perfect first time investment.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1
  • Living Area: 2,728 SqFt

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Francisco Campos

Interior Features

Interior Information:

  • Flooring Type: Concrete

Virtual/3D Tour

  • Virtual Tour: 3091 NW 1st St

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Senior High School, Public Magnet Grades 9-12
  • Citrus Grove Middle School, Public District Grades 6-8
  • Kensington Park Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $6,743
  • 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

3091 NW 1st St vs Miami

152 DAYS ON ROCKET

+93 Days

$775,000

+$234.9K More

$284/SqFt

-$96 Less

KEY TAKEAWAY

This property is $234.9K more than the Median Sold Price and $96/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: #A11490817

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Francisco Campos

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, 1:25:15 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$6,743$348,877
2018$7,721$332,245
2017$6,653$288,709

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-1257725
5
/10

  • Kensington Park Elementary School

  • 711 NW 30th Ave

  • 0.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1257726
3
/10

  • Citrus Grove Middle School

  • 2153 NW 3rd St

  • 0.99 miles

  • Public District Grades 6-8

High School

school-card-donut-1257727
5
/10

  • Miami Senior High School

  • 2450 SW 1st St

  • 0.65 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 $29,353. The most common annual income of people living in Miami, FL is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33125›3091 NW 1st St

This home is located at 3091 NW 1st St in Miami, FL and zip code 33125 in the Auburdale neighborhood. This 2,728 square foot home was built in 1939. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $775,000.

Over 115 listings were sold over their listed price in March 2024 in Miami, FL. In the same period over 619 listings were sold below the listed price and 149 listings were sold for the listed price. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 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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