1025 NW 31ST AVENUE
Miami, FL, 33125
$
539,900
Bedrooms8
Baths5.0
Sq
2,432
Monthly Estimate*
$
3,368
for $539,900 with 8 bedrooms and 5 full baths. This 2,432 square foot home was built in 1947 on a lot size of 0.15.
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!
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Features
Interior
Interior Amenities
other
Flooring
other
Furnished Y/N
negotiable
Total Stories
1
Air Conditioning Y/N
yes
Heating Y/N
yes
Fireplace Y/N
no
Half Baths
0
Laundry Features
other
Total Bedrooms
8
Total Baths
5
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General
Sewer
public sewer
Heating
central
electric
Cooling
central air
Utilities
other
Roof
other
Appliances
other
Zoning
0100
Construction Materials
block
stucco
Year Built
1947
Levels
one
Property Subtype
single family residence
Tax Year
2024
Ownership
fee simple
County
miami-dade
New Construction
no
Property Type
residential
HOA
N
Subdivision Name
borel sub
Facing Direction
west
Garage Y/N
no
Total Rooms
3
Full Baths
5
Status
active
Directions
merge onto fl-112 e.
take the exit toward nw 22nd ave.
turn right onto nw 22nd ave.
continue straight for about 1.3 miles.
turn left onto nw 14th st.
continue for 0.4 miles
then turn right onto
City
miami
Senior Community Y/N
no
MLS Area
33125 - miami
Lot Size Units
square feet
Lot Size Square Feet
6667
Carport Spaces
2
Carport Y/N
yes
Listing Terms
cash
conventional
Land Lease Y/N
no
Tax Annual Amount
9499.07
Additional Parcels Y/N
no
Lease Considered Y/N
yes
Virtual Tour
https://www.propertypanorama.com/instaview/stellar/tb8449729
Building Area Units
square feet
Living Area Units
square feet
Standard Status
active
Occupancy Type
tenant
Tax Lot
17
Legal Description
borel sub pb 47-89 lot 17 blk 1 lot size site value or 18993-2107 02 2000 1 coc 25600-4233 04 2007 1
Minimum Lease
no minimum
Water Access Y/N
no
Water View Y/N
no
Flood Zone Code
x
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Exterior
Exterior Amenities
other
Water Source
public
Lot Size Area
6667
Foundation Details
block
slab
Building Area Total
2364
Lot Size Acres
0.15
Road Surface Type
asphalt
concrete
Private Pool
no
Waterfront Y/N
no
Covered Spaces
2
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* Excluded Features
List By
Richard Peters Realty Llc
Broker
rryder@richardpetersrealty.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $3,368
- Monthly Property Taxes
- $792
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in Miami, FL
Average List Price
$1,419,217
Percent of Sale Price
163%
About Miami, FL
450,829
Population
25%
Since 2002
$
39,267
Median Income
40.58
Median Age
22%
Households with Children
Trends Information provided by ATTOM Data Solutions.
266288
Elementary School
265661
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
12/11/2025
|
$539,900
|
-0.94%
|
Price Down
|
|
11/22/2025
|
$544,999
|
-0.89%
|
Price Down
|
|
11/20/2025
|
$549,900
|
|
Listed Price
|