1 month on rocket

7 NE 50th St, Miami, FL, 33137

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,300 SqFt
$846/SqFt
Multi
Schools Nearby

Location

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7 NE 50th St, Miami$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1951
HeatingCentral
CoolingCentral Air
MLS #A11555459
StatusActive

About 7 NE 50th St

Bohemian Bungalow with a Pool: 7 NE 50 ST: Enjoy the Florida sunshine poolside at this income-producing gem. This fully remodeled 4-bedroom, 2-bathroom property offers 1,317 sq.ft. of living space on a 4,040 sq.ft. lot. Originally designed as a legal duplex, it's currently used as a comfortable single-family home. Zoned T4-L, it generates a net operating income of $77,855.00, making it a smart investment.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (786) 378-1850
  • Listing Agent: Vicente Rodriguez

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Virtual/3D Tour

  • Virtual Tour: 7 NE 50th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Toussaint L'Ouverture Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $846/SqFt

Tax Information:

  • Annual Amount: $5,387
  • 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

7 NE 50th St vs Miami

37 DAYS ON ROCKET

-22 Days

$1,100,000

+$559.9K More

$846/SqFt

+$466 More

KEY TAKEAWAY

This property is $559.9K more than the Median Sold Price and $466/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11555459

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (786) 378-1850
  • Listing Agent: Vicente Rodriguez

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: 4/29/2024, 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$5,387$271,545
2018$5,047$173,056
2017$4,892$271,559

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-2934492
6
/10

  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 0.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2934493
1
/10

  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 1.19 miles

  • Public District Grades 6-8

High School

school-card-donut-2934494
3
/10

  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.49 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 $40,625. Residents of Miami, FL typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33137›7 NE 50th St

This home is located at 7 NE 50th St in Miami, FL and zip code 33137 in the Buena Vista neighborhood. This 1,300 square foot home was built in 1951. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $1,100,000.

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 number of homes for sale in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

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

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