15 days on rocket

5200 NW 7th Ave, Miami, FL, 33127

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
1 Full Bath
1,243 SqFt
$543/SqFt
House
Schools Nearby

Location

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5200 NW 7th Ave, Miami$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Garage3 spaces
Year Built1920
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNone
MLS #A11586242
StatusActive

About 5200 NW 7th Ave

Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,243 SqFt

Listing Office:

  • Office Name: City Group Consulting, LLC
  • Office Phone: (954) 274-2274
  • Listing Agent: Bruno Cattorini

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Shed

Parking Information:

  • Garage Space: 3 spaces
  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 5200 NW 7th Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Miami Northwestern Senior High School, Public Magnet Grades 9-12
  • Allapattah Middle School, Public District Grades 6-8
  • Lenora Braynon Smith Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I-95: Take exit 8A towards NW 62nd St. Turn left onto NW 62nd St. Turn left onto NW 7th Ave. The property will be on your right at 5200 NW 7th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $543/SqFt
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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

5200 NW 7th Ave vs Miami

15 DAYS ON ROCKET

-41 Days

$675,000

+$128.8K More

$543/SqFt

+$160 More

KEY TAKEAWAY

This property is $128.8K more than the Median Sold Price and $160/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: #A11586242

Listing Office:

  • Office Name: City Group Consulting, LLC
  • Office Phone: (954) 274-2274
  • Listing Agent: Bruno Cattorini

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, 12:55:31 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

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-4069322
4
/10

  • Lenora Braynon Smith Elementary School

  • 4700 NW 12th Ave

  • 0.68 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4069323
2
/10

  • Allapattah Middle School

  • 1331 NW 46th St

  • 0.74 miles

  • Public District Grades 6-8

High School

school-card-donut-4069324
4
/10

  • Miami Northwestern Senior High School

  • 1100 NW 71st St

  • 1.11 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 $30,101. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is 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 5200 NW 7th Ave

What is the listing price of this property?

The listing price of 5200 NW 7th Ave property is $675,000.

What type of property is this?

The property 5200 NW 7th Ave is a house located in Miami, Florida, 33127.

Is this property for sale now?

Active Listing: 5200 NW 7th 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 5200 NW 7th Ave are:
Lenora Braynon Smith Elementary School: GreatSchools Rating 4/10
Allapattah Middle School: GreatSchools Rating 2/10
Miami Northwestern Senior High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 5200 NW 7th Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5200 NW 7th Ave is 1,243 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5200 NW 7th Ave is 1920.

Rocket Homes›Florida›Miami-Dade County›Miami›33127›5200 NW 7th Ave

This home is located at 5200 NW 7th Ave in Miami, FL and zip code 33127 in the Liberty City East neighborhood. This 1,243 square foot home was built in 1920. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $675,000.

Miami, FL housing market in April 2024 saw over 120 listings sold above listed price, more than 157 sold at listed price and over 608 sold below. The inventory of homes for sale in Miami, FL between March 2024 and April 2024 increased by 7.2%. While the average time on the market in April 2024 was 56 days, the median list price was $546,178.

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

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