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448 NE 39th St, Miami, FL, 33137

$2,650,000

0.21 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
MLS #A11529086
Lot Size0.21 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 448 NE 39th St

Situated in Miami's Design District, East of US-1, this property presents a unique development opportunity with its T4R Zoning, allowing for the construction of up to 9 units on the land. Currently, it features a 3,143 sq ft Spanish Mission-style home, which could provide rental income while planning the development. The existing structure includes a 2,800 sq ft main house and a detached 400 sq ft unit, nestled within a fenced and gated corner lot. Offering ample parking and access on three sides, the property is ideally located for easy access to Miami Midtown, Wynwood Arts District, and I-195, all without HOA restrictions.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty Miami Portfolio Collection
  • Office Phone: (305) 570-4305
  • Listing Agent: Maria Erice

Virtual/3D Tour

  • Virtual Tour: 448 NE 39th St

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Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,650,000

Tax Information:

  • Annual Amount: $9,410
  • 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

448 NE 39th St vs Miami

78 DAYS ON ROCKET

+19 Days

$2,650,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11529086

Listing Office:

  • Office Name: Keller Williams Realty Miami Portfolio Collection
  • Office Phone: (305) 570-4305
  • Listing Agent: Maria Erice

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: 4/28/2024, 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$9,410$465,609
2018$8,856$446,655
2017$8,763$437,469

History based on county public records data.

Payment Calculator

$13.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,011

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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-1976466
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.63 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1976467
2
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 3.13 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1976468
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.13 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,364. The majority of Miami, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 448 NE 39th St

What is the listing price of this property?

The listing price of 448 NE 39th St property is $2,650,000.

What type of property is this?

The property 448 NE 39th St is land located in Miami, Florida, 33137.

Is this property for sale now?

Accepting Backup Offers: 448 NE 39th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 448 NE 39th St are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 2/10
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 $9,410 (source: MLS/based on county public records data).

How much acreage is this property?

The property 448 NE 39th St is 0.21 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami33137448 NE 39th St

This home is located at 448 NE 39th St in Miami, FL and zip code 33137 in the Upper East Side neighborhood. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $2,650,000.

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. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased by 9.1%. In March 2024 median list price was $540,091 and the average listing age was 59 days.

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

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