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$825,000
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Property Description
Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami's most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all-while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area
Full Property Details
Full Property Details for MLS# A11876792
General
- Sold For: $825,000
- Taxes: $16,384 (2024)
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11876792
- Added to Site: 179 day(s) ago
Business
- Business Type: Apartments, Commercial/Residential Income
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 7
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Building Size: 3645
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1946
- Other Struct. Feat.: Balconies, Exterior Lighting
Unit Information
- Units in Complex: 7
Lot Features
- Lot Size (Sq. Ft.): 8,125
- Potential Use: Investment
- Zoning: 3702
Financial Considerations
- Tax Amount: $16,384
- Tax Year: 2024
- Terms: All Cash
- Tenant Pays: Electricity
Disclosures and Reports
- Ownership: Self Proprietor/Individual
- Special Conditions: Sale
- Legal Description: 20 53 41 PB 34-90 AMD PL OF AMD PL OF EDGEWATER PK LOT 5 BLK 7 LOT SIZE IRREGULAR OR 20531-0261 04/2001 4 COC 26514-2480 07 2008 5
- Inclusions: Building & Land, Leases
- Property ID: 05-31-20-034-0801
Listed and Sold by Real Estate Sales Force
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Price & Sales History for MLS# A11876792
Date
Details
Price
Change
Source
1/06/2026
Sold
$825,000
-17.5%
MLS
12/09/2025
Price Reduced
$1,000,000
-37.5%
MLS
11/12/2025
Price Reduced
$1,599,999
—
MLS
10/24/2025
Price Reduced
$1,600,000
-15.79%
MLS
9/11/2025
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# A11876792, Miami Springs, FL 33166 (MLS# A11876792) is a Apartment property that was sold at $825,000 on January 06, 2026. Want to learn more about MLS# A11876792? Do you have questions about finding other Apartment real estate for sale in Miami Springs? You can browse all Miami Springs real estate or contact a Coldwell Banker agent to request more information.

