Property Details
| Asking Price | $1,480,000 |
|---|---|
| Price per SqFt | $562 |
| Maintenance fee | Inquire |
| Property Taxes | $25,804 2025 |
| Interior Space | 2,633 SqFt |
| Beds/Baths | 5/3 |
| Year Built | 1928 |
| Garage | 0 spaces |
| Pool | No |
| Lot Size | 0.91 acres |
| MLS # | A12040338 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
INVESTOR & DEVELOPER OPPORTUNITY! Rare 0.91-acre site in Miami with significant redevelopment and subdivision potential. The property's true value lies in the land, making it an exceptional opportunity for developers, builders, investors, and land-bank buyers seeking long-term upside.The existing approximately 3,000 SF residence provides an added advantage, offering the potential for strong rental income of up to $7,000 per month while pursuing development plans, permits, and approvals.Strategically located in a rapidly growing area with strong demand for new housing and redevelopment projects. Whether you're looking to develop, subdivide, renovate, or hold for future appreciation, this property presents a unique opportunity to capitalize on nearly one acre of land in Miami.Buyer to independently verify zoning, subdivision potential, permitted uses, and development opportunities.
Listed by Trustpoint Realty, LLC.
Sales History for This Home · 1860 NW 81st Street, Miami, FL 33147
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11560206 | $1,050,000 | 5/31/24 |
Listed by Trustpoint Realty, LLC.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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