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$536,900
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Property Description
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!
Full Property Details
Full Property Details for 1025 NW 31st Ave
General
- Price: $536,900
- Taxes: $9,499 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8449729
- Updated: 12/21/2025
- Added to Site: 60 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Other
- Furnishings: Negotiable
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 33125 - Miami
- County: Miami-Dade
- Development Name: 33125 - Miami
- Subdivision: BOREL SUB
- Driving 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 NW 31st Ave. The property will be on your right shortly after.
- Direction Faces: West
Community
- Community Name: 33125 - Miami
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Other
- Stories/Levels: One
- Square Feet: 2,432
- Sq. Ft. Source: Public Records
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,667
- Lot Size: 6667
- Street/Road Desc.: Asphalt, Concrete
Financial Considerations
- Tax Amount: $9,499.07
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 131330210170
- Property ID: 131330210170
- Block/Lot/Section: 1
Listed by Richard Peters Realty Llc
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Schools
Schools serving 1025 NW 31st Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Kensington Park Elementary School 711 Northwest 30th Avenue, Miami, FL 33125 | PK-5 | 0.2 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 1 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1025 NW 31st Ave
Date
Details
Price
Change
Source
11/20/2025
Listed
$536,900
39.45%
MLS
4/16/2007
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1025 NW 31st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,499
6%
$503,167
8%
2023
$8,926
22%
$464,006
40%
2021
$7,316
-8%
$330,800
-16%
2022
$7,977
9%
$393,656
34%
2021
$7,316
17%
$294,803
8%
2019
$6,231
124%
$274,112
75%
2018
$2,779
57%
$156,478
46%
2017
$1,770
—
$107,376
2%
2016
$1,767
-1%
$105,168
1%
2015
$1,781
-1%
$104,437
1%
2014
$1,795
2%
$103,609
1%
2013
$1,759
—
$102,078
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1025 NW 31st Ave
1025 NW 31st Avenue, Miami, FL 33125 (MLS# TB8449729) is a Single Family property with 8 bedrooms and 5 full bathrooms. 1025 NW 31st Avenue is currently listed for $536,900 and was received on November 20, 2025. Want to learn more about 1025 NW 31st Avenue? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

