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$1,875,000 Sale Pending
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Property Description
INCREDIBLE WATERFRONT OASIS, 5-UNIT Building on MASSIVE 20,662 SF LOT in the Heart of Little River District, Just 1 Block to the Citadel! High Density Mixed-Use "T5-O" Zoning, Incredibly Valuable Land (Abuts T6-8 Neighbor!). STUNNING GROUNDS, Central Banyan Tree, Mature Fruit, Fully Fenced, Waterfront Dock-Fish, Launch a Kayak, Etc! TURNKEY PROPERTY. Updated Plumbing+Electric, ALL IMPACT GLASS, Newer Roof, Freshly Painted, CUSTOM WOODWORK, Beautiful Terrazzo Floors, Countless Lovely Details! Dedicated Laundry at Rear. QUALIFIED OPPORTUNITY ZONE: *Huge Capital Gains Tax Savings. Quiet CUL-DE-SAC w/ TONS OF PARKING. INCREDIBLY WALKABLE LOCATION: Michelin* Dining, Shops, Yoga, Karate, Art, Community Events. 8 Mins to Miami Design, 10 to Wynwood, 10 to MIA, 12 to South Beach.
Full Property Details
Full Property Details for 8440 NE 1st Ave
General
- Price: $1,875,000
- Taxes: $29,623 (2024)
- Status: Pending
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11788001
- Updated: 7/14/2025
- Added to Site: 267 day(s) ago
Rental Information
- Rent Includes: Other Rent Incl
Interior
- Flooring: Terrazzo
Parking
- Total Spaces: 5
Location
- Area: Ittle River Gardens
- County: Miami-Dade County
- Subdivision: ITTLE RIVER GARDENS
- Building Name: ITTLE RIVER GARDENS
Community
- Community Name: Ittle River Gardens
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Other
Structural Information
- Architectural Style: Attached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Complete Impact Glass
- Stories/Levels: 1
- Building Size: 2625
- Square Feet: 2,625
- Living Area: 2,625 Sq. Ft.
- Year Built: 1949
Lot Features
- Frontage Feet: 100
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 6101
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Price Per Sq. Ft.: $714.29
- Tax Amount: $29,623
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: LITTLE RIVER GDNS AMD PB 6-51 LOTS 29 & 30 & LOT 31 LESS CANAL & LESS ST BLK 15 LOT SIZE 20662 SQUARE FEET OR 9787-0159
- Inclusions: Other, Other Water Access
- Property ID: 01-31-12-012-0640
Listed by Keller Williams Eagle Realty
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Schools
Schools serving 8440 NE 1st Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Phyllis R. Miller Elementary School 840 Northeast 87th Street, Miami, FL 33138 | PK-5 | 1 mi |
Horace Mann Middle School 8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 0.5 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 1.6 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 8440 NE 1st Ave
Date
Details
Price
Change
Source
4/24/2025
Listed
$1,875,000
25%
MLS
6/09/2022
Sold
$1,500,000
—
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 8440 NE 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,768
-15%
$1,478,685
1%
2023
$30,163
120%
$1,467,319
54%
2022
$13,738
-5%
$953,633
32%
2021
$14,509
-6%
$723,279
—
2021
$15,373
14%
$725,814
82%
2019
$13,497
13%
$399,300
10%
2018
$11,913
5%
$363,000
-3%
2017
$11,324
39%
$372,862
115%
2016
$8,162
-16%
$173,250
-39%
2015
$9,737
53%
$283,884
118%
2014
$6,380
122%
$130,344
3%
2013
$2,870
—
$126,696
—
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 8440 NE 1st Ave
8440 NE 1st Ave, Miami, FL 33138 (MLS# A11788001) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 8440 NE 1st Ave is currently listed for $1,875,000 and was received on April 24, 2025. Want to learn more about 8440 NE 1st Ave? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

