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$849,000
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Property Description
Beautifully maintained 2,628 sq ft home built in 1926, featuring 5 bedrooms and 3.5 bathrooms with a flexible layout ideal for modern living. The property includes a main-floor bedroom, fireplace, game room, and separate in-law/guest quarters, offering versatility for additional living space. Located in the vibrant Little Havana neighborhood, this home places you moments from local dining, culture, and entertainment, and just a short walk to Oakland Grove Mini Park. Enjoy the added benefit of no HOA, giving you more freedom and value. This property blends historic charm with functionality, making it perfect for homeowners seeking space, character, and a prime Miami location. Investor Opportunity: The property offers strong income potential with the ability to rent units separately. The main home (4BR/2.5BA) averages approx. $8,000/month, while the in-law unit is currently rented at $1,400/month with potential up to $1,700-$1,800/month, making it an attractive income-producing asset.
Full Property Details
Full Property Details for 1545 NW 8th Terrace
General
- Price: $849,000
- Taxes: $3,856 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11965861
- Updated: 5/19/2026
- Added to Site: 97 day(s) ago
Interior
- Interior Features: First Floor Entry, Walk-In Closet(s), Maid/In-Law Quarters
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor, Other
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Maid/In-Law Quarters Sq. Ft.
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Barbecue, Lighting
- Deck/Patio: Awning(s), Patio
Parking
- Carport Spaces: 5
- Covered Spaces: 5
- Parking Features: Additional Spaces Available, Driveway
Location
- Area: Grove Park
- County: Miami-Dade County
- Subdivision: GROVE PARK
- Building Name: GROVE PARK
- Direction Faces: South
School Information
- Middle School: Citrus Grove
- High School: Miami Jackson
Community
- Community Name: Grove Park
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Building Size: 2676
- Square Feet: 2,628
- Living Area: 2,628 Sq. Ft.
- Year Built: 1926
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 5,570
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $323.06
- Tax Amount: $3,856
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: GROVE PARK PB 5-66 LOT 23 BLK 6 & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 5570 SQ FT M/L
- Restrictions: No Restrictions, Ok To Lease
- Property ID: 01-31-35-016-0910
Listed by Jordan Realty
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Schools
Schools serving 1545 NW 8th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Grove Elementary School, Miami, FL 2121 Northwest 5th Street, Miami, FL 33125 | PK-5 | 0.6 mi |
Citrus Grove Middle School 2153 Northwest 3rd Street, Miami, FL 33125 | 6-8 | 0.7 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 2 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 1545 NW 8th Terrace
Date
Details
Price
Change
Source
2/15/2026
Listed
$849,000
411.45%
MLS
8/10/1998
Sold
$166,000
—
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 1545 NW 8th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,857
3%
$216,134
3%
2024
$3,751
1%
$210,043
3%
2023
$3,712
4%
$203,926
6%
2021
$3,577
-1%
$192,221
-3%
2022
$3,595
1%
$197,987
4%
2021
$3,577
4%
$189,568
2%
2019
$3,447
8%
$185,306
5%
2018
$3,195
1%
$176,345
2%
2017
$3,155
4%
$172,718
5%
2016
$3,048
-1%
$163,838
1%
2015
$3,076
-1%
$162,700
1%
2014
$3,106
—
$161,409
—
2013
$3,113
—
$161,840
—
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 1545 NW 8th Terrace
1545 NW 8th Ter, Miami, FL 33125 (MLS# A11965861) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 1545 NW 8th Ter is currently listed for $849,000 and was received on February 15, 2026. Want to learn more about 1545 NW 8th 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.

