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$1,480,000was $1,500,000

1860 NW 81st St

5 bd · 3 ba · 2,633 sq ft

Asking price cut 1.3% on August 11, from $1,500,000.

105 days on marketSingle Family Residence

Listing courtesy of Trustpoint Realty, LLC.. 305-200-0348

From the MLS

Bedrooms
5
Bathrooms
3
Living area
2,633 sq ft
Asking per square foot
$562
Year built
1928
ZIP code
33147
MLS number
A12040338

What the listing says

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.

Description supplied by Trustpoint Realty, LLC..

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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