tomo logo

$325,000

Beds
2
Baths
1.0
sq ft
672

741 NW 116th St, Miami, FL 33168

741 NW 116th St

Miami, FL 33168

  • 41 days on market
Great Investment Opportunity – 2-Bedroom, 1-Bath Home in a Growing Area This 2-bedroom, 1-bath single-family home is perfectly located just one block from I-95 on NW 116th Street. The property features a spacious patio, ideal for RV/boat parking, and an independent laundry room. Sold AS-IS, the home requires repairs but offers significant potential. With no HOA and low property taxes, it provides great value and affordability. Currently rented on a month-to-month basis for $2,300/month, this is a fantastic investment opportunity or a great choice for a family seeking a central location in an up-and-coming neighborhood. 2 Bedrooms, 1 Full Bath Large patio for RV/boat parking 1 block from I-95 No HOA, low property taxes Rented for $2,300/month Sold AS-IS and needs repairs

Details

Property type

Single Family Residence

Est. home value

$339,560

Lot size

5,250 sq ft

Price per sq ft

$484

Year built

1957

Annual property taxes

$4,142

Price History

12/11/2024
SEF

SEF #A11705424

Listed
$325,000
-2.99%
12/26/2023
SEF

SEF #A11427277

Removed
$335,000
12/05/2023
SEF

SEF #A11427277

Price change
$335,000
-2.9%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Countrywide Home Loans Inc

Loan start date

October 2006

Original loan amount

$175,750

Est. remaining balance

Not provided

Interest rate

9%

Loan type

New Conventional, 30 year

Seller

Moses L Jackson and Pon Nette Miller

Lender

Countrywide Home Loans Inc

Loan start date

October 2006

Original loan amount

$175,750

Est. remaining balance

Not provided

Interest rate

9%

Loan type

New Conventional, 30 year

Seller

Moses L Jackson and Pon Nette Miller

Lender

Countrywide Funding Corp

Loan start date

May 1995

Original loan amount

$39,780

Est. remaining balance

Not provided

Interest rate

8.41%

Loan type

VA

Seller

Moses L Jackson

Lender

Countrywide Funding Corp

Loan start date

May 1995

Original loan amount

$39,780

Est. remaining balance

Not provided

Interest rate

8.41%

Loan type

VA

Seller

Moses L Jackson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 9:05 AM

Listing updated: 01/08/2025 at 11:29 AM

Listed by: Diego Pelaez, Orion International Realty Phone #: (786) 486-7436

MLS: SEF #A11705424

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