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$544,999
7 Days On Site

1025 NW 31ST AVENUE
MIAMI, FL 33125

For Sale|Single Family Residence|Active
8
Beds
5
Total Baths
5
Full Baths
2,432
SqFt
$224
/SqFt
1947
Built
Subdivision:
BOREL SUB
County:
Miami-Dade
Call Now: (561) 935-3331
Is this the listing for you? We can help make it yours.
(561) 935-3331
1025 NW 31ST AVENUE1025 NW 31ST AVENUE1025 NW 31ST AVENUE1025 NW 31ST AVENUE
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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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Listing Snapshot
Price 
$544,999
Days On Site 
7 Days
Bedrooms 
8
Inside Area (SqFt) 
2,432 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1947
MLS® Number 
TB8449729
Status 
Active
Property Tax 
$9,499.07
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoPrice changed to $544,999
a week agoListing first seen on site
General Features
Acres 
0.15
Carport 
2
Direction Faces 
West
Foundation 
BlockSlab
Levels 
One
Number Of Stories 
1
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2364
Utilities 
Other
Water Source 
Public
Zoning 
0100
Interior Features
Appliances 
Other
Cooling 
Central Air
Flooring 
Other
Furnished 
Negotiable
Heating 
CentralElectric
Interior 
Other
Laundry Features 
Other
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Other
Roof 
Other
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33125 - Miami
Roads 
AsphaltConcrete
Township 
53
Listing courtesy of RICHARD PETERS REALTY LLC 3053029806



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-11-27 12:30 PM EST

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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