Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

1533 NE 131st Ln, North Miami FL 33161

Multi-family For Sale
$699,000

BTC: 9.18528252

ETH: 301.29310345

1 days
0 room(s)
1,560 sqft

Overview

Situated on an expansive 10,454-square-foot lot with green artificial grass, this duplex offers 2 desirable rental units, extensive permitted improvements, and a great location near shops, schools and entertainment. Both 2-bedroom, 1-bathroom residences have undergone comprehensive renovations within the past six years, including updated electrical panel, wiring and plumbing systems, remodeled kitchens with granite countertops, updated bathrooms, modern LED lighting, and installed central AC systems. Impact windows and doors. Additional improvements include an attic fire separation wall installed to meet applicable code requirements. Step outside and discover a standout feature of this property: an expansive tropical backyard with mature shade trees, lush landscaping, and artificial turf. The generous outdoor space provides an inviting setting for entertaining, recreation, and relaxation. INCOME-PRODUCING PROPERTY! One residence currently generates $2,400 per month in rental income, providing an opportunity for investors or owner-occupants seeking supplemental income. Conveniently located near Biscayne Boulevard, shopping, restaurants, parks, and major roadways. Whether you're looking for a multifamily investment or the opportunity to live in one residence while renting the other, this North Miami duplex combines extensive improvements, great location, generous outdoor space, and rental income potential.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1948
Lot:
No Data
Heating:
None
Price/sqft:
$448
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$406K – $798K
Confidence Low
List vs. estimate
$100K above estimate
List $699,000 · +16.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$448
+12.3% vs. city median $399
Based on
56 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $277K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,570
2025
Parking
6 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 06-22-29-022-1200

    • Zoning: 0400

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $6,570

  • Source details

    • MLS ID: A12115372

    Other facts

    • Construction Materials: Frame

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Impact Glass

    • Architectural Style: Other

    • Living Area: 1560

    • Subdivision Name: GREEN OAKS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$600,000
House
2 bds · 2 ba · 1,282 sqft
Nichols Heights, Miami
360 NW 139 St, Miami FL 33168
New
For Sale
$789,000
Condo/Co-op
3 bds · 3 ba · 1,890 sqft
WINSTON TOWERS 100,Winston Towers 100, Sunny Isles Beach
250 174th St # 1704, Sunny Isles Beach FL 33160
New
For Sale
$799,000
Multi-family
0 room(s) · 2,982 sqft
FULFORD HEIGHTS, North Miami Beach
16031 NE 19th PL, North Miami Beach FL 33162
New
For Sale
$699,999
House
4 bds · 2 ba · 2,117 sqft
PLEASANT VILLAGE, Miami
735 NE 159th St, Miami FL 33162
New
For Sale
$865,000
House
4 bds · 2 ba · 1,581 sqft
NEW MIAMI SHORES ESTATES, Miami Shores
305 NW 111th St, Miami Shores FL 33168
New
For Sale
$569,000
House
3 bds · 2 ba · 1,542 sqft
BISCAYNE GARDENS SEC H PA, Miami
13301 NW Miami Ct, Miami FL 33168
+$24K
For Sale
$658,800
House
3 bds · 2 ba · 1,328 sqft
SUNNY ACRES, North Miami
801 NE 144th St, North Miami FL 33161
New
For Sale
$875,000
Condo/Co-op
3 bds · 3 ba · 1,556 sqft
THE HARBOUR NORTH CONDO,The Harbour, North Miami Beach
16385 Biscayne Blvd # 1101, North Miami Beach FL 33160

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GG International Realty