1533 NE 131st Ln North Miami, FL $ 699,000
1533 NE 131st Ln
$ 699,000
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1533 NE 131st Ln

North Miami, FL, 33161
$ 699,000
Bedrooms2 Baths1.0 Sq 1,560

Monthly Estimate*

$ 4,828

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Multi-Family Home for sale in North Miami, FL

for $699,000 with 2 bedrooms and 1 full bath. This 1,560 square foot home was built in 1948.

Situated on an expansive 10,454-square-foot lot with green artificial grass, this duplex offers 2 desirable rental units, extensive permitted improvements, and a great location near shops, schools and entertainment. Both 2-bedroom, 1-bathroom residences have undergone comprehensive renovations within the past six years, including updated electrical panel, wiring and plumbing systems, remodeled kitchens with granite countertops, updated bathrooms, modern LED lighting, and installed central AC systems. Impact windows and doors. Additional improvements include an attic fire separation wall installed to meet applicable code requirements. Step outside and discover a standout feature of this property: an expansive tropical backyard with mature shade trees, lush landscaping, and artificial turf. The generous outdoor space provides an inviting setting for entertaining, recreation, and relaxation. INCOME-PRODUCING PROPERTY! One residence currently generates $2,400 per month in rental income, providing an opportunity for investors or owner-occupants seeking supplemental income. Conveniently located near Biscayne Boulevard, shopping, restaurants, parks, and major roadways. Whether you're looking for a multifamily investment or the opportunity to live in one residence while renting the other, this North Miami duplex combines extensive improvements, great location, generous outdoor space, and rental income potential.

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Multi-Family Active

Price

$ 699,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 6,570

Style

Year Built

1948

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A12115372

Features
General
Sewer Public Sewer
Heating None
Cooling Central Air
Utilities Cable Not Available
Possession Close Of Escrow Negotiable
Roof Shingle
Pool Features None
Construction Materials Frame
Year Built 1948
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name GREEN OAKS
Rent Includes Gardener Sewer Trash Collection Water
Full Baths 1
Status Active
City North Miami
Disclosures Owner Is Listing Agent
Zoning Description 0400
Number Of Units Total 2
MLS Area 29
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Year Built Details Effective Year Built
Tax Annual Amount 6570
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12115372
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Duplex
Legal Description GREEN OAKS PB 46-78 LOT 13 BLK 5 LOT SIZE IRREGULAR OR 17306-0958 0796 1 COC 24339-0147 01 2006 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N false
Window Features Impact Glass
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Security/High Impact Doors
Lot Features < 1/4 Acre
Total Parking 6
Building Area Total 1804
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Gg International Realty

Broker

stephaniehaave@gmail.com

Email

Affordability Calculator

$5,375
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/30/2026 $699,000 Listed Price

Map


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1533 NE 131st Ln, North Miami, FL, 33161 is a Multi-Family Home for sale at $699,000 with 1,560 sqft. 1533 NE 131st Ln has 2 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 33161 which is in North Miami, FL