Introducing an exceptional investment opportunity in the heart of Liberty City, FL—a thriving neighborhood undergoing exciting redevelopment. This fourplex presents a prime investment property with two units featuring two bedrooms and one bathroom each, alongside two additional units offering one bedroom and one bathroom, poised to capitalize on the area's revitalization. Plus, with one unit is currently vacant, there's immediate potential to enhance rental income or occupy the space as an owner-occupant. Don't miss out on the chance to be part of the exciting revitalization happening in Liberty City. Schedule a viewing today and unlock the potential of this income-producing property! PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL BEGIN AFTER MARCH 17, 2024 NO EXCEPTIONS
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,260
Per Month
Principal & Interest
$4,193
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,585
Powered By
Advertisement
NMLS#3030
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
7
/10
Earlington Heights Elementary School
4750 NW 22nd Ave
Distance between this listing and this school0.50 miles
Public Magnet Grades PK-5
Middle School
2
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school0.33 miles
Public District Grades 6-8
High School
3
/10
Miami Northwestern Senior High School
1100 NW 71st St
Distance between this listing and this school1.89 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Earlington Heights Elementary School
4750 NW 22nd Ave
Distance between this listing and this school0.50 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Agenoria S. Paschal/Olinda Elementary School
5536 NW 21st Ave
Distance between this listing and this school0.50 miles
Public District Grades PK-5
6
/10
Lorah Park Elementary School
5160 NW 31st Ave
Distance between this listing and this school0.53 miles
Public District Grades PK-5
Assigned Schools
2
/10
Brownsville Middle School
4899 NW 24th Ave
Distance between this listing and this school0.33 miles
Public District Grades 6-8
Nearby Schools
2
/10
Allapattah Middle School
1331 NW 46th St
Distance between this listing and this school1.33 miles
Public District Grades 6-8
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school2.17 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Miami Northwestern Senior High School
1100 NW 71st St
Distance between this listing and this school1.89 miles
Public Magnet Grades 9-12
Nearby Schools
2
/10
Miami Jackson Senior High School
1751 NW 36th St
Distance between this listing and this school1.24 miles
Public Magnet Grades 9-12
10
/10
Mater Academy High School of International Studies
795 NW 32nd St
Distance between this listing and this school2.17 miles
The neighbors living near this home have an average income of $17,192. Residents of Miami, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 5300 NW 25th Ave in Miami, FL and zip code 33142 in the Liberty City neighborhood. This 3,105 square foot home was built in 1968. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $840,000.
In March 2024 more than 115 listings in Miami, FL were sold above the asking price. During the same period more than 149 listings were sold at asking price, while more than 619 were sold below. 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.