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About This Home
This 5-bedroom, 3-bathroom single family at 1860 NW 81st St in Miami, FL is listed for $1,500,000 ($570 per sqft). Built in 1928, the home offers 2,633 sqft of living space on a 0.91 acres lot.
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.
Key Features
- Built in 1928
- 0.91 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1860 NW 81st St
Miami, FL 33147
W Little River Rev
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom single family at 1860 NW 81st St is listed at $1,500,000 ($570/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.91 acre lot. Interior Features: Bedroom On Main Level, First Floor Entry. Exterior Features: Fence, Fruit Trees, Shed.
This property is listed by Darious White and can be reached at 3052000348 or darious.white@trustpointrealty.com.
