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Backup Offers

940 7th St Unit 940A, Miami Beach, FL, 33139

$365,000

Home List Price

$4,334*

Closing Credit

2 Bedrooms
1 Full Bath
585 SqFt
$624/SqFt
Condo
Schools Nearby

Location

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940 7th St Unit 940A, Miami Beach$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1930
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11512449
StatusAccepting Backup Offers
(Active Under Contract)

About 940 7th St Unit 940A

Spacious, bright and fully upgraded two bedrooms in the heart of South Beach. Amazing kitchen with steinless steel appliances. Walking distance from Fifth St shops and from the beach. Located in a school district. Great investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 585 SqFt

Listing Office:

  • Office Name: Opera REI Inc
  • Office Phone: (305) 735-3040
  • Listing Agent: Valerio Spinaci

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, First Floor Entry, Kitchen Island, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Courtyard, Fence, Patio

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 940 7th St Unit 940A

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • South Pointe Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $624/SqFt

HOA Fees:

  • Amount: $509
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$562.8K

Med. Price/SqFt

$573

Avg. Days On Market

88

# of Sold Homes

112

940 7th St Unit 940A vs Miami Beach

77 DAYS ON ROCKET

-11 Days

$365,000

-$197.8K Less

$624/SqFt

+$50 More

KEY TAKEAWAY

This property is $197.8K less than the Median Sold Price and $50/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11512449

Listing Office:

  • Office Name: Opera REI Inc
  • Office Phone: (305) 735-3040
  • Listing Agent: Valerio Spinaci

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: 3/28/2024, 6:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,398

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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

school-card-donut-7384301
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.29 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7384302
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.69 miles

  • Public District Grades 6-8

High School

school-card-donut-7384303
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,253. Residents of Miami Beach, FL typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 940 7th St Unit 940A

What is the listing price of this property?

The listing price of 940 7th St Unit 940A property is $365,000.

What type of property is this?

The property 940 7th St Unit 940A is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 940 7th St Unit 940A 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 940 7th St Unit 940A are:
South Pointe Elementary School: GreatSchools Rating 6/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 940 7th St Unit 940A has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 940 7th St Unit 940A is 585 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 7th St Unit 940A is 1930.

Rocket HomesFloridaMiami-Dade CountyMiami Beach33139940 7th St Unit 940A

This home is located at 940 7th St Unit 940A in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 585 square foot home was built in 1930. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $365,000.

In February 2024 more than 4 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 99 were sold below. In February 2024 in Miami Beach, FL there were 12.8% more homes for sale than in January 2024. While the average time on the market in February 2024 was 88 days, the median list price was $562,870.

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

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