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1025 NW 31ST AVENUE

House For Sale
$544,999

BTC: 18.16663333

ETH: 272.49950000

-$5K (2025/11/22)
16 days
8 bds
5 ba
2,432 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This may be one of the BIGGEST investment opportunities to HIT the MIAMI MARKET THIS YEAR. Centrally located just minutes from the airport, major highways, restaurants, and the city’s core, this property offers an extremely rare chance to secure EIGHT TOTAL UNITS on a single lot at an UNBELIEVABLE VALUE! The main home is a renovated 3-bed, 1-bath with great curb appeal, a carport, a wide driveway, and extra parking. Inside, it features a bright open layout, wood-look floors, modern kitchen with warm cabinetry and a built-in bar, and an updated bath. Roof, AC, and water heater were REPLACED WITHIN THE PAST YEAR! In the backyard, the property transforms into a true income-generating compound with seven additional units. Several have partial updates, while others need light TLC, and the deep lot provides impressive space and potential. Current rental setup: the main 3/1 is vacant. Three separate 1/1s bring in $1,100 and $1,200 per month, with one currently vacant. Another 1/1 with a kitchen brings in $2,000. Two shed/storage units sit in the back- one currently being used for storage, the other rented for $500. All tenants are on month-to-month verbal agreements. As-is, the seller collects $4,800 per month, with three units- including the main house- vacant, and existing are below market. With minimal improvements and proper leasing, you can significantly increase rents, fill vacancies, and realistically double or even triple the income, boosting cash flow and long-term value. Home is sold as-is; buyer should verify any zoning or city requirements for continuing the current setup. This is a rare chance to secure a high-upside investment compound in the heart of Miami. Opportunities with this level of cash-flow potential, expansion possibilities, and long-term value simply don’t hit the market often. Move quickly- deals like this do not last!

Location

Florida MIAMI 33125 House For Sale

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1947
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$224
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Full bathrooms: 5

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 0131330210170

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $9,499

  • Source details

    • MLS ID: TB8449729

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block / Slab

    • Laundry Features: Other

    • Direction Faces: West

    • Living Area: 2432

    • Water Source: Public

    • Subdivision Name: BOREL SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. 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: RICHARD PETERS REALTY LLC