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$505,000

545 NW 118th St Miami, FL 33168

3 beds
2 full
1,645 sqft
0.1 acres
$307 / sqft
House

Property details

About 545 NW 118th St

This fantastic Miami property offers both a comfortable family home and lucrative rental income potential. Featuring a 3-bedroom, 2-bathroom main residence with 1,645 sq ft, this home also boasts an efficiency for additional rental income. Enjoy the convenience of being minutes from schools, parks, restaurants, and just 15 minutes from the beach. Recent upgrades include a 2018 electrical panel update, 2022 new windows, and a new roof in 2022. This is a rare opportunity to own a well-maintained property with built-in income.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,645 sqft
Lot size0.13 Acres
Year built1948
MLS #2025000601

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Freezer, Refrigerator
  • Flooring Type: Other
  • Interior: Breakfast Area, Family/Dining Room, Living/Dining Room, Multiple Shower Heads, Other
  • Total Bedroom Count: 3
  • Private Pool: No
  • Waterfront: None
  • Exterior: Fruit Trees, Other
  • Architectural Style: Other
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $505,000
  • Price/SqFt: $306
  • HOA Amount: $0
  • Annual Tax Amount: $1,809
  • Tax Year: 2023
  • Lot: Other
  • Year Built: 1948
  • Living Area: 1,645 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 2025000601
  • MLS Name: FGC
  • Office Name: Re/Max Destination Realty
  • Office Phone: (239) 432-9030
  • Office Email: twayland@remax.net
  • Listing Agent: Joey Fumero-Manso

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 22, 2003
Home Sold
$130,000

Tax history

YearAssessmentProperty Tax
2023$112,562$1,809
2022$109,284$1,719
2021$106,101$1,719
2020$104,637$1,682
2018$80,305$1,182
2017$78,654$1,162

History based on county public records data.

Nearby schools

5

Hubert O. Sibley K-8 Academy

Public District PK-5

0.3 mi

255 NW 115th St

6

Gratigny Elementary School

Public District PK-5

0.6 mi

11905 N Miami Ave

4

Lakeview Elementary School

Public District PK-5

0.8 mi

1290 NW 115th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $53,424. The most common annual income of people living in Miami, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

33%
<35k
54%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
24%
Single, with Kids
19%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
33%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Miami, FL

Miami's transportation infrastructure is designed to accommodate both residents and visitors. The city offers a variety of public transit options, including the Metrorail, Metromover, and Metrobus systems, with schedules that cater to commuters and those traveling within the city. Ride-sharing services are readily available, enhancing mobility for those who prefer not to drive. The city is also focused on improving walkability and bikeability, particularly in areas like Downtown and Miami Beach. Major highways such as I-95 and the Dolphin Expressway facilitate travel in and out of the city, with ongoing projects aimed at enhancing traffic flow and reducing congestion.

The community benefits from a well-rounded array of services, including a network of public and private schools that cater to a range of educational needs. Miami is home to several major hospitals, offering comprehensive healthcare services from emergency care to specialized treatments. The city's public library system is extensive, providing residents with access to a wealth of knowledge and resources. Retail and dining options abound, featuring everything from high-end boutiques to local eateries that serve up a taste of Miami's diverse culinary landscape.

Miami is celebrated for its dynamic cultural scene and lively atmosphere. The city prides itself on being a melting pot of cultures, which is reflected in its vibrant neighborhoods, each with its own unique flair. Annual events like the Calle Ocho Festival and Art Basel Miami Beach highlight the community's rich artistic heritage and diverse cultural identity.

Miami's housing market is vibrant and diverse, with a mix of luxurious high-rise condos, charming Art Deco apartments, and sprawling waterfront estates. Single-family homes, which make up a significant portion of the market, often showcase a blend of Mediterranean Revival and modern architectural styles. The city's homeownership rate is robust, with a substantial number of residents investing in property, while the remainder of the population opts for the flexibility of renting.

About 545 NW 118th St

The listing price of 545 NW 118th St property is $505,000.

The property 545 NW 118th St is a house located in Miami, Florida, 33168.

Active Listing: 545 NW 118th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 545 NW 118th St are: Hubert O. Sibley K-8 Academy (GreatSchools Rating 5/10), Gratigny Elementary School (GreatSchools Rating 6/10), Lakeview Elementary School (GreatSchools Rating 4/10), North Miami Middle School (GreatSchools Rating 3/10), Horace Mann Middle School (GreatSchools Rating 4/10), Thomas Jefferson Middle School (GreatSchools Rating 5/10), Doctors Charter School of Miami Shores (GreatSchools Rating 6/10), The Seed School of Miami (GreatSchools Rating 2/10), North Miami Senior High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $1,809 (source: MLS/based on county public records data).

The last sale was on July 22, 2003 for $130,000 (source: MLS/tax record).

The property at 545 NW 118th St has 3 bedrooms and 2 bathrooms.

The property 545 NW 118th St is 1,645 SqFt (source: MLS/tax record).

The year of construction for 545 NW 118th St is 1948.

This home is located at 545 NW 118th St in Miami, FL and zip code 33168. This 1,645 square foot home, which was built in 1948, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $505,000.

Over 48 listings were sold over their listed price in June 2025 in Miami, FL. In the same period over 570 listings were sold below the listed price and 103 listings were sold for the listed price. The inventory of homes for sale in Miami, FL between May and June 2025 increased by 7.1%. While the average time on the market in June 2025 was 75 days, the median list price was $589,216.

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

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