$800,000
$50K PRICE DROP

Estimated payment $5,195/month

Total Views 1,858
2 Beds
3 Baths
1,419 Sq Ft
$564 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • West Facing Home
  • Cooling Available
  • 1-Story Property
  • Heating Available

About This Home

Exceptional Development Opportunity in the Heart of Miami! Income-producing multi-family with 2 units. 1,419 SF of living area on a 3,145 SF lot zoned T5-O, allowing mixed-use, hotel, commercial, residential, and alcohol sales. Currently rented month-to-month, offering immediate income. Located in one of Miami’s most recognized growth zones—Wynwood, just minutes from the Design District, Edgewater, Downtown, Brickell, Miami Beach & I-95. Ideal for developers or investors looking to capitalize on Miami’s global demand and urban expansion.

Listing Agent

Monica Berardinelli

The Keyes Company License #3337625 Listed on: 06/18/2025

The Keyes Company

Co-Listing Agent

Alexi Altuve

The Keyes Company License #3380521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,442

Year Built

  • Built in 1948

Lot Details

  • 3,145 Sq Ft Lot
  • West Facing Home
  • Property is zoned 6101

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Devonshire Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-020-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,442

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Other
  • Co List Office Mls Id: KEYE15
  • Co List Office Phone: 305-594-2600
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: DEVONSHIRE PARK SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1419
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DEVONSHIRE PARK SUB
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-020-0110
  • Lot Size Sq Ft: 3145
  • Zoning: 6101

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10442

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,442 $530,316 $440,300 $90,016
2024 $10,698 $483,298 $393,125 $90,173
2023 $10,698 $483,454 $393,125 $90,329
2022 $5,310 $190,021 $0 $0
2021 $4,674 $172,747 $0 $0
2020 $4,252 $177,729 $141,525 $36,204
2019 $3,945 $162,004 $125,800 $36,204
2018 $3,484 $130,554 $94,350 $36,204
2017 $3,260 $117,990 $0 $0
2016 $3,336 $118,006 $0 $0
2015 $2,730 $73,401 $0 $0
2014 $2,327 $66,729 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $800,000 -5.9% $564 / Sq Ft
06/18/2025 06/18/25 For Sale $850,000 +30.8% $599 / Sq Ft
09/26/2022 09/26/22 Sold $650,000 -11.6% $458 / Sq Ft
04/07/2022 04/07/22 Price Changed $735,000 -13.5% $518 / Sq Ft
04/07/2022 04/07/22 For Sale $850,000 +30.8% $599 / Sq Ft
04/04/2022 04/04/22 Off Market $650,000 -- --
05/24/2021 05/24/21 For Sale $850,000 -- $599 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Prime Title
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Warranty Deed $38,000 Mgm Title Co Inc
Warranty Deed $31,500 North American Title Company
Trustee Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Warranty Deed $220,000 --
Quit Claim Deed -- --
Warranty Deed $145,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 New Conventional
Closed $720,000 New Conventional
Closed $455,000 Balloon
Previous Owner $283,500 Unknown
Previous Owner $209,000 Unknown
Previous Owner $137,750 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $54,100 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11824680

MIAMI REALTORS® MLS

APN: 01-3125-020-0110