14 days on rocket

1040 NE 85th St, Miami, FL, 33138

$1,295,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,561 SqFt
$830/SqFt
House
Schools Nearby

Location

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1040 NE 85th St, Miami$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered, Driveway
Year Built1956
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11585829
StatusActive

About 1040 NE 85th St

Step Inside With Me! Experience this thoughtfully updated Mid-century marvel preserving both unique design elements of the past paired with numerous modern appointments. The dramatic entrance features an asymmetrical vaulted ceiling w/ panoramic windows and beautifully restored Terrazzo flooring throughout. An open floor plan provides seamless living throughout the naturally lit dining, living room and lounge. Recent upgrades include renovated kitchen, impact glass/doors, new roof, A/C and tropical landscaping. The ample wrap-around patio is ideal for outdoor entertaining and a bonus laundry/mudroom offers additional storage. Located in the quaint waterfront neighborhood of Davis Harbor and centrally located to the best Miami has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,561 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6075
  • Listing Agent: Joseph Schafer

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Terrazzo
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence, Fruit Trees, Security/High Impact Doors, Patio, Room For Pool, Shed

Parking Information:

  • Parking: Attached Carport, Covered, Driveway

Virtual/3D Tour

  • Virtual Tour: 1040 NE 85th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Phyllis R. Miller Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $830/SqFt

Tax Information:

  • Annual Amount: $8,178
  • 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

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1040 NE 85th St vs Miami

14 DAYS ON ROCKET

-42 Days

$1,295,000

+$748.8K More

$830/SqFt

+$447 More

KEY TAKEAWAY

This property is $748.8K more than the Median Sold Price and $447/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: #A11585829

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6075
  • Listing Agent: Joseph Schafer

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: 5/29/2024, 3:20:30 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$8,178$366,124
2018$8,748$399,554
2017$5,165$330,965

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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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-4156183
7
/10

  • Phyllis R. Miller Elementary School

  • 840 NE 87th St

  • 0.30 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4156184
3
/10

  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 1.64 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4156185
3
/10

  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 2.35 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 $47,167. The majority of Miami, FL residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 NE 85th St

What is the listing price of this property?

The listing price of 1040 NE 85th St property is $1,295,000.

What type of property is this?

The property 1040 NE 85th St is a house located in Miami, Florida, 33138.

Is this property for sale now?

Active Listing: 1040 NE 85th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1040 NE 85th St are:
Phyllis R. Miller Elementary School: GreatSchools Rating 7/10
Horace Mann Middle School: GreatSchools Rating 3/10
Miami Edison Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,178 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1040 NE 85th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1040 NE 85th St is 1,561 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 NE 85th St is 1956.

Rocket Homes›Florida›Miami-Dade County›Miami›33138›1040 NE 85th St

This home is located at 1040 NE 85th St in Miami, FL and zip code 33138 in the North Bayfront neighborhood. This 1,561 square foot home was built in 1956. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,295,000.

In April 2024, from all listings sold in Miami, FL there were more than 120 sold above asking price, over 608 sold below and more than 157 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 7.2% between March 2024 and April 2024. In April 2024 median list price was $546,178 and the average listing age was 56 days.

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

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