17 days on rocket

361 NE 116th St, Miami, FL, 33161

$2,300,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Full Baths, 1 Partial
6,419 SqFt
$358/SqFt
House
Schools Nearby

Location

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361 NE 116th St, Miami$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Covered, Driveway, Garage
Attached Garage3 spaces
Year Built2007
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden, Other
MLS #A11572178
StatusActive

About 361 NE 116th St

This magnificent 6,419 Sq ft of living space offers the perfect blend of luxury, comfort, and serenity. The main house offers a remarkable custom-designed floor plan featuring six spacious bedrooms and 4.5 bathrooms. The gourmet kitchen features high-end appliances. The guest house has a full kitchen, living area, and bedroom—offering a private retreat for your guests. The meticulously landscaped outdoor area offers extraordinary outdoor living. Schedule a viewing today and prepare to be captivated by its magnificence.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2007
  • Stories: 2
  • Living Area: 6,419 SqFt

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: Nanci Gilbert PA

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Wood
  • Interior: Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, First Floor Entry, Pantry, Split Bedrooms, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Fence, Fruit Trees, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Covered, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 361 NE 116th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $358/SqFt

Tax Information:

  • Annual Amount: $14,015
  • 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

361 NE 116th St vs Miami

17 DAYS ON ROCKET

-39 Days

$2,300,000

+$1.7M More

$358/SqFt

-$25 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $25/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: #A11572178

Listing Office:

  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Listing Agent: Nanci Gilbert 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: 5/16/2024, 4:20:33 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$14,015$764,290
2018$16,938$952,126
2017$12,538$727,996

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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-2396360
3
/10

  • Gratigny Elementary School

  • 11905 N Miami Ave

  • 0.48 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2396361
4
/10

  • North Miami Middle School

  • 700 NE 137th St

  • 1.38 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2396362
4
/10

  • North Miami Senior High School

  • 13110 NE 8th Ave

  • 1.12 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 $44,156. The most common annual income of people living in Miami, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

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 361 NE 116th St

What is the listing price of this property?

The listing price of 361 NE 116th St property is $2,300,000.

What type of property is this?

The property 361 NE 116th St is a house located in Miami, Florida, 33161.

Is this property for sale now?

Active Listing: 361 NE 116th 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 361 NE 116th St are:
Gratigny Elementary School: GreatSchools Rating 3/10
North Miami Middle School: GreatSchools Rating 4/10
North Miami Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,015 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 361 NE 116th St has 7 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 361 NE 116th St is 6,419 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 361 NE 116th St is 2007.

Rocket Homes›Florida›Miami-Dade County›Miami›33161›361 NE 116th St

This home is located at 361 NE 116th St in Miami, FL and zip code 33161. This 6,419 square foot home was built in 2007. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $2,300,000.

In April 2024, from all listings sold in Miami, FL there were more than 120 sold above asking price, over 608 sold below and more than 157 were sold right at the asked price. The inventory of homes for sale in Miami, FL between March 2024 and April 2024 increased by 7.2%. In April 2024 median list price was $546,178 and the average listing age was 56 days.

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

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