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$950,000
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Property Description
Located on bustling SW 87th Avenue, this property offers unbeatable visibility and investment potential. Currently a multifamily home, it provides rare flexibility with possible rezoning (RU-1, RU-5A, BU-1) and variance opportunities, allowing for a wide range of future uses-from medical or legal offices to boutique retail or custom redevelopment. With strong frontage, steady exposure to thousands of daily drivers, and placement in one of Miami's most sought-after corridors, this site is ideal as a rental, residential hold, or reimagined commercial asset.
Full Property Details
Full Property Details for 3501 SW 87th Ave
General
- Sold For: $950,000
- Taxes: $11,086 (2024)
- Status: Closed
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11870695
- Added to Site: 136 day(s) ago
Interior
- Interior Features: First Floor Entry, Studio Apartment
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Studio Apartment Sq. Ft.
Exterior
- Exterior Features: Room for Pool
Parking
- Carport Spaces: 7
- Covered Spaces: 7
- Parking Features: Circular Driveway
Location
- Area: Coral Way Village Sec A P
- County: Miami-Dade County
- Subdivision: CORAL WAY VILLAGE SEC A P
- Building Name: CORAL WAY VILLAGE SEC A P
- Direction Faces: West
School Information
- Elementary School: Banyan
- Middle School: Rockway
Community
- Community Name: Coral Way Village Sec A P
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Building Size: 2192
- Square Feet: 1,934
- Living Area: 1,934 Sq. Ft.
- Year Built: 1956
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 11,040
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $491.21
- Tax Amount: $11,086
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: CORAL WAY VILLAGE SEC A PART 4 PB 60-29 LOT 6 BLK 22-A LOT SIZE 80.000 X 138 COC 21909-4891 07 2003 4
- Restrictions: No Restrictions
- Property ID: 30-40-15-012-0780
Listed by RE/MAX Advance Realty II
Sold by Miami Partnership Investment
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Schools
Schools serving 3501 SW 87th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Banyan Elementary School, Miami, FL 3060 Southwest 85th Avenue, Miami, FL 33155 | PK-5 | 0.3 mi |
Rockway Middle School 9393 Southwest 29th Terrace, Miami, FL 33165 | 6-8 | 0.8 mi |
Southwest Miami Senior High School 8855 Southwest 50th Terrace, Miami, FL 33165 | 9-12 | 1.1 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 3501 SW 87th Ave
Date
Details
Price
Change
Source
12/05/2025
Sold
$950,000
-9.52%
MLS
9/02/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3501 SW 87th Ave, Miami, FL 33165 (MLS# A11870695) is a Single Family property that was sold at $950,000 on December 05, 2025. Want to learn more about 3501 SW 87th Ave? 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.

