2 months on rocket

7505 Bounty Ave, North Bay Village, FL, 33141

$1,190,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,613 SqFt
$455/SqFt
House
Schools Nearby

Location

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7505 Bounty Ave, North Bay Village$1,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Other, On Street
Year Built1951
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewNone, Other
MLS #A11530033
StatusActive

About 7505 Bounty Ave

Best price per square foot on the island! Amazing opportunity for buyers to create their dream home, across Bayfront multimillion dollar properties, on an island that is experiencing early growth. Discover the thriving North Bay Village, Treasure Island, just 5 minutes away from prestigious Normandy Island. Currently undergoing massive growth fueled by public and private developments, including luxury and extra luxury buildings (among them is a 7.3 Million Square Foot Development Project Featuring 1,936 Residential Units), a bayfront walkway, High end restaurants like Benihana, a dog park, and more. Invest in this enchanting island paradise, the future of luxury.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1951
  • Stories: 1
  • Living Area: 2,613 SqFt

Listing Office:

  • Office Name: Great Properties International LLC
  • Office Phone: (305) 582-4800
  • Listing Agent: Sarai Torrealba

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Microwave, Other, Refrigerator, Washer
  • Flooring Type: Other
  • Interior: Bedroom on Main Level, Breakfast Area, Dual Sinks, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Pantry, Separate Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None, Other
  • Exterior: Fence, Other, Patio

Parking Information:

  • Parking: Driveway, Other, On Street

Virtual/3D Tour

  • Virtual Tour: 7505 Bounty Ave

Virtual Tour

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,190,000
  • Price Per SqFt: $455/SqFt

Tax Information:

  • Annual Amount: $9,464
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Bay Village, FL.

Med. Sold Price

$440K

Med. Price/SqFt

$409

Avg. Days On Market

168

# of Sold Homes

7

7505 Bounty Ave vs North Bay Village

75 DAYS ON ROCKET

-93 Days

$1,190,000

+$750K More

$455/SqFt

+$46 More

KEY TAKEAWAY

This property is $750K more than the Median Sold Price and $46/SqFt more than other homes in North Bay Village, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11530033

Listing Office:

  • Office Name: Great Properties International LLC
  • Office Phone: (305) 582-4800
  • Listing Agent: Sarai Torrealba

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: 4/27/2024, 6:25:14 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$9,464$422,667
2018$9,139$425,449
2017$9,161$422,593

History based on county public records data.

Payment Calculator

$6,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,634

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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-1490834
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 0.33 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1490835
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.30 miles

  • Public District Grades 6-8

High School

school-card-donut-1490836
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 3.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,240. The majority of North Bay Village, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7505 Bounty Ave

What is the listing price of this property?

The listing price of 7505 Bounty Ave property is $1,190,000.

What type of property is this?

The property 7505 Bounty Ave is a house located in North Bay Village, Florida, 33141.

Is this property for sale now?

Active Listing: 7505 Bounty Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7505 Bounty Ave are:
Treasure Island Elementary School: GreatSchools Rating 7/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,464 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7505 Bounty Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7505 Bounty Ave is 2,613 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7505 Bounty Ave is 1951.

Rocket HomesFloridaMiami-Dade CountyNorth Bay Village331417505 Bounty Ave

This home is located at 7505 Bounty Ave in North Bay Village, FL and zip code 33141. This 2,613 square foot home was built in 1951. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $1,190,000.

In March 2024 more than 0 listings in North Bay Village, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in North Bay Village, FL between February 2024 and March 2024 increased by 14.3%. While the average time on the market in March 2024 was 168 days, the median list price was $440,000.

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

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