FL
Miami-Dade
MIAMI
33125
1025 NW 31ST AVENUE
1025 NW 31ST AVENUE, MIAMI, FL 33125
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Listing Type
Single Family
Listing Status
Active
36
$539,900

Home Details for 1025 NW 31ST AVENUE

Price
$539,900
Type
Residential
Bedrooms
8
Bathrooms
5.0
Square feet
2432
Year built
1947
Lot size acres
0.15
County
Miami-Dade
Total rooms
3
Garage
Days on site
0
MLS Listing#
TB8449729
Property Description

<LAST PRICE REDUCTION> <HIGHEST & BEST BY 12/30/2025> 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! <NO ASSIGNABLE CONTRACTS>

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Property Features
  • Heating Information
    • Central
    • Electric
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Other
  • Utilities
    • Other
Listing Courtesy: RICHARD PETERS REALTY LLC - 352-448-9712
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-12-11 11:01:36
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EXIT REALTY OCEANSIDE
2620 N Australian Avenue, West Palm Beach, FL 33407
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