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$480,000
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Property Description
Great opportunity to own a home in a desirable North Miami Beach location! This property features a functional layout with an additional 1 bedroom / 1 bathroom that can be used for extended family or income-producing potential. Perfect for buyers looking to offset their mortgage or investors seeking rental opportunities. With a little TLC, this property can become an excellent long-term investment. Conveniently located near major highways, shopping, dining, schools, and parks in an established neighborhood. Please note: Seller has never occupied the property and no seller's disclosure is available. Property is being sold as-is.
Full Property Details
Full Property Details for 1541 NE 205th Terrace
General
- Price: $480,000
- Taxes: $7,600 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11983924
- Updated: 3/16/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: First Floor Entry, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
- Appliances: Other Equipment/Appliances
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Other
Other Rooms
- Living Room: Separate Guest/In-Law Qua Sq. Ft.
Exterior
- Exterior Features: Other
Parking
- Parking Features: Additional Spaces Available, Driveway
Location
- Area: Murray Homes
- County: Miami-Dade County
- Subdivision: MURRAY HOMES
- Building Name: MURRAY HOMES
- Direction Faces: Northeast
School Information
- Middle School: Highland Oaks
Community
- Community Name: Murray Homes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Roof: Shingle
- Building Size: 1539
- Square Feet: 1,499
- Living Area: 1,499 Sq. Ft.
- Year Built: 1956
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 9,007
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $320.21
- Tax Amount: $7,600
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 32 51 42 MURRAY HOMES PB 57-92 LOT 11 BLK 3 LOT SIZE SITE VALUE OR 18612-1516 0599 1
- Restrictions: No Restrictions
- Property ID: 30-12-32-004-0300
Listed by Ruiz & Associates LLC
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Schools
Schools serving 1541 NE 205th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Madie Ives K-8 Preparatory Academy 20770 Ne 14th Ave, North Miami Beach, FL 33179 | PK-5 | 0.3 mi |
Highland Oaks Middle School 2375 Northeast 203rd Street, Miami, FL 33180 | 6-8 | 1.1 mi |
Dr Michael M. Krop Senior High School 1410 Northeast 215th Street, Miami, FL 33179 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1541 NE 205th Terrace
Date
Details
Price
Change
Source
3/16/2026
Listed
$480,000
478.31%
MLS
5/18/1999
Sold
$83,000
—
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 1541 NE 205th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,600
11%
$416,836
15%
2024
$6,864
1059%
$361,761
217%
2023
$592
7%
$114,152
3%
2022
$554
5%
$110,828
3%
2021
$527
—
$107,600
1%
2021
$527
2%
$106,115
2%
2019
$517
-23%
$103,730
2%
2018
$673
8%
$101,796
20%
2017
$621
4%
$84,539
2%
2016
$596
1%
$82,801
1%
2015
$592
-1%
$82,226
1%
2014
$601
-36%
$81,574
1%
2013
$945
—
$80,369
—
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 1541 NE 205th Terrace
1541 NE 205th Ter, Miami, FL 33179 (MLS# A11983924) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1541 NE 205th Ter is currently listed for $480,000 and was received on March 16, 2026. Want to learn more about 1541 NE 205th Ter? 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.

