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Backup Offers

942 NW 116th St Unit 942, Miami, FL, 33168

$394,000

Home List Price

$4,679*

Closing Credit

3 Bedrooms
3 Full Baths
1,200 SqFt
$328/SqFt
Condo
Schools Nearby

Location

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942 NW 116th St Unit 942, Miami$394,000

Buyer Closing Credits

$4,679*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingTwo or More Spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11555784
StatusAccepting Backup Offers
(Active Under Contract)

About 942 NW 116th St Unit 942

New Construction Two-Story Twin offers 1,200 sqft with 3BR/3BA, showcasing 24x24 Porcelain tile flooring, modern wood kitchen cabinets, sleek stainless-steel appliances, and high-impact windows and doors. Completion is anticipated by the end of June '24. *The sale is facilitated through the PHCD Infill Program. Buyers can access a low-interest second mortgage of $80,000 and/or a third mortgage of $35,000 with 0% interest, reducing their out-of-pocket closing costs. Eligibility requires buyers to meet an AMI of 80% to 140%, with a 1% contribution from the buyer's funds.* Please use the Purchase Agreement ATTACHED

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Brokers, LLC
  • Office Phone: (954) 384-1616
  • Listing Agent: Mohammed Chraibi

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Security/High Impact Doors

Parking Information:

  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 942 NW 116th St Unit 942

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Central Senior High School, Public Magnet Grades 9-12
  • North Dade Middle School, Public Magnet Grades 6-8
  • Lakeview Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $394,000
  • Price Per SqFt: $328/SqFt

HOA Fees:

  • Amount: $10
  • Frequency: Monthly
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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

942 NW 116th St Unit 942 vs Miami

35 DAYS ON ROCKET

-24 Days

$394,000

-$146K Less

$328/SqFt

-$52 Less

KEY TAKEAWAY

This property is $146K less than the Median Sold Price and $52/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11555784

Listing Office:

  • Office Name: Brokers, LLC
  • Office Phone: (954) 384-1616
  • Listing Agent: Mohammed Chraibi

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, 1:25:15 PM 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

$2,044

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,248

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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-1264800
4
/10

  • Lakeview Elementary School

  • 1290 NW 115th St

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1264801
2
/10

  • North Dade Middle School

  • 1840 NW 157th St

  • 2.71 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1264802
2
/10

  • Miami Central Senior High School

  • 1781 NW 95th St

  • 1.47 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 $31,333. The most common annual income of people living in Miami, FL is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 942 NW 116th St Unit 942

What is the listing price of this property?

The listing price of 942 NW 116th St Unit 942 property is $394,000.

What type of property is this?

The property 942 NW 116th St Unit 942 is a condo located in Miami, Florida, 33168.

Is this property for sale now?

Accepting Backup Offers: 942 NW 116th St Unit 942 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 942 NW 116th St Unit 942 are:
Lakeview Elementary School: GreatSchools Rating 4/10
North Dade Middle School: GreatSchools Rating 2/10
Miami Central Senior High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 942 NW 116th St Unit 942 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 942 NW 116th St Unit 942 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 942 NW 116th St Unit 942 is 2024.

Rocket Homes›Florida›Miami-Dade County›Miami›33168›942 NW 116th St Unit 942

This home is located at 942 NW 116th St Unit 942 in Miami, FL and zip code 33168 in the North East Little River neighborhood. This 1,200 square foot home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $394,000.

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. 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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