1 month on rocket

Backup Offers

1173 NW 29th St, Miami, FL, 33127

$660,000

Home List Price

$7,838*

Closing Credit

0 Baths
1,586 SqFt
$416/SqFt
Multi
Schools Nearby

Location

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1173 NW 29th St, Miami$660,000

Buyer Closing Credits

$7,838*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1935
HeatingCentral
CoolingCentral Air
MLS #A11574836
StatusAccepting Backup Offers
(Active Under Contract)

About 1173 NW 29th St

Fantastic Find! PERFECT FOR OWNER OCCUPIED OR INVESTOR. this Duplex with Huge Income Potential. Both units are spacious, plus an additional 1/1 studio with parking up to 6 cars. Large private Fenced yards. All the units are occupied by long term tenants. OWNER PAY UTILITIES, UNCLUDING WATER. PROJECTED ANNUAL GROSS INCOME Is around $81,000.00. Annual Expenses includes: Taxes $1,430.00; Insurance $6,700.00; Internet $1,080.00; FPL (2 METERS) APROX $4,716.00; WATER BILL $800.00 TOTALING $14,726.00. PROJECTED NOI $66,274.00 POTENTIAL 8% CAP RATE! GREAT RENTAL POTENTIAL. Property is LOCATED MINUTES to Downtown Miami, Wynwood, Miami District Design. Close to Highway I-95, easy access to Palmetto 826.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,586 SqFt

Listing Office:

  • Office Name: Premium Estates Realty Corp
  • Office Phone: (305) 392-1089
  • Listing Agent: Idania Miranda

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Other

Exterior Features

Exterior Information:

  • Exterior: Other, Patio

Virtual/3D Tour

  • Virtual Tour: 1173 NW 29th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Jackson Senior High School, Public Magnet Grades 9-12
  • Allapattah Middle School, Public District Grades 6-8
  • Santa Clara Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $660,000
  • Price Per SqFt: $416/SqFt

Tax Information:

  • Annual Amount: $1,443
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1173 NW 29th St vs Miami

34 DAYS ON ROCKET

-22 Days

$660,000

+$113.8K More

$416/SqFt

+$33 More

KEY TAKEAWAY

This property is $113.8K more than the Median Sold Price and $33/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: #A11574836

Listing Office:

  • Office Name: Premium Estates Realty Corp
  • Office Phone: (305) 392-1089
  • Listing Agent: Idania Miranda

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: 5/28/2024, 4:20:33 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$1,443$105,693
2018$1,321$101,391
2017$1,316$99,306

History based on county public records data.

Payment Calculator

$3,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,045

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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-3829719
5
/10
  • Santa Clara Elementary School

  • 1051 NW 29th Ter

  • 0.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3829720
2
/10
  • Allapattah Middle School

  • 1331 NW 46th St

  • 1.00 miles

  • Public District Grades 6-8

High School

school-card-donut-3829721
3
/10
  • Miami Jackson Senior High School

  • 1751 NW 36th St

  • 0.80 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,167. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami331271173 NW 29th St

This home is located at 1173 NW 29th St in Miami, FL and zip code 33127 in the Civic Center neighborhood. This 1,586 square foot home was built in 1935. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $660,000.

In April 2024 more than 120 listings in Miami, FL were sold above the asking price. During the same period more than 157 listings were sold at asking price, while more than 608 were sold below. Between March 2024 and April 2024, Miami, FL real estate market has seen increase in the number of listings by 7.2%. 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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