$385,000
SOLD MAR 17, 2025

511 NE 131st St North Miami, FL 33161

2 Beds
1 Bath
960 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$401 Per Sq Ft

14% Below List Price

1,193 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Sun or Florida Room
  • Closet Cabinetry
  • Views

About This Home

As of March 2025

Check out this fantastic home in a thriving, up-and-coming area! Conveniently located near shops, this property is now available after successfully resolving previous legal proceedings. Currently rented at $2,550 per month until March 2025, it offers immediate rental income and a great return on investment. We've received multiple offers in the past few months, but couldn’t close due to the legal issues. Now that everything is settled, it’s expected to sell quickly—don’t miss your chance to act today!

Last Agent to Sell the Property

Guillermo Rosman

Miami Zyr Realty Inc License #3108373 Listed on: 12/09/2021

Last Buyer's Agent

Anastasia Thelusma

Reliance Int'l Rlty Group Corp License #3114549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1947 | Under Construction

Lot Details

  • 5,000 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 3700

Home Design

  • Flat Tile Roof
  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Storage Room
  • Vinyl Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom

Parking

  • 1 Attached Carport Space
  • Guest Parking

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 06-22-30-035-0090

Community Details

Overview

  • No Home Owners Association
  • Griffing Biscayne Pk Esta Subdivision

Amenities

  • Courtesy Bus

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,600

Year Built

Built in 1947 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GRIFFING BISCAYNE PK ESTA
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances, Refrigerator
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Florida Room, Storage
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 960
  • Possible Use: Investment
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Florida Room, Storage Room

Exterior Features

  • Roof: Flat Tile
  • View: Other
  • Construction Type: Aluminum Siding
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRIFFING BISCAYNE PK ESTA
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport, Guest, Slab/Strip

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: Courtesy Bus

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-30-035-0090
  • Lot Size Sq Ft: 5000
  • Zoning: 3700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 20, 2025
Sold by
Moant Proyect Llc
Bought by
Br Holdings Inc
Seller's Agent
Guillermo Rosman
Miami Zyr Realty Inc
Buyer's Agent
Anastasia Thelusma
Reliance Int'l Rlty Group Corp
List Price
$448,900
Sold Price
$385,000
Premium/Discount to List
-$63,900
-14.23%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$269,500
Outstanding Balance
$267,234
Interest Rate
1.8%
Mortgage Type
Balloon
Estimated Equity
$124,990

Purchase Details

Closed on
Oct 6, 2021
Sold by
Morant Re Investments Llc
Bought by
Moant Proyect Llc

Purchase Details

Closed on
Feb 19, 2020
Sold by
Ludwig John C and Ludwig John C
Bought by
Morant Re Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 18, 2019
Sold by
Ludwig John Collins
Bought by
Ludwig John C
Source: Public Records

Similar Homes in North Miami, FL

  • 13240 NE 4th Ave, North Miami, FL 33161

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,252 Sq Ft
    • 13240 NE 4th Ave
    • North Miami, FL

    We only accept offers through bidding at bit.ly/13240NMiami. Bidding closes June 10, 2025, at 5 PM. Investor/Buyer Opportunity! Spacious 3 bed, 2 bath home with great bones and plenty of equity—lowest price in the area! Features an open floor plan with formal living, dining, and family rooms, plus a huge screened and roofed patio for indoor-outdoor living. Set on a massive fenced backyard with

    Miguel Maria Keller Williams Legacy

    Section Image
  • 643 NE 130th St, North Miami, FL 33161

    $380,000

    • 2 Beds
    • 1 Bath
    • 1,542 Sq Ft
    • 643 NE 130th St
    • North Miami, FL

    Beautiful property in North Miami that is fully fenced. Features tile flooring throughout. Great location near schools, shopping, and public transportation.

    Ruth Pierre Lifestyle International Realty

    Section Image
  • 420 NE 135th St, North Miami, FL 33161

    $385,000

    • 2 Beds
    • 1 Bath
    • 1,081 Sq Ft
    • 420 NE 135th St
    • North Miami, FL

    Discover the potential of this 2-bedroom, 1-bath single-family home with a versatile office space and a spacious backyard—perfect for entertaining, relaxing, or expanding. There's room to add a pool, design a tropical retreat, or build an addition. Ideal for investors or first-time buyers ready to make it their own. Located in prime North Miami Beach, just minutes from I-95, Wynwood, Aventura,

    Durshan Burke-Troutman Align Right Realty K1 Group

    Section Image
  • 620 NE 137th St, North Miami, FL 33161

    $450,000

    • 4 Beds
    • 2 Baths
    • 1,158 Sq Ft
    • 620 NE 137th St
    • North Miami, FL

    Huge price reduction. Highest and best is due on 07/07/2025 at 6PM. Welcome home! You don't want to miss this spacious rarely available home with a huge fence backyard, a shed and a patio that can be used for entertainment. A tropical lushly landscaped yard with fruits trees such as avocado, mango, and more. The 4th bedroom is an in-law quarter with private entrance and kitchen. The main bathroom

    Louvens Fils-Aime Realty Hub

    Section Image
  • 930 NE 132nd St, North Miami, FL 33161

    $399,000

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 930 NE 132nd St
    • North Miami, FL

    Calling all investors - Nestled in the vibrant and growing community of North Miami Beach. This charming 2 bedroom, 1 bathroom open concept single-family home sits on an oversized lot offering ample space for expansion and significant value and potential. North Miami Beach is just minutes from pristine beaches, Aventura Mall, Oleta River State Park, and a variety of dining and entertainment

    Gina Lueck Keller Williams Dedicated Prof

    Section Image
  • 671 NE 140th St, North Miami, FL 33161

    $400,000

    • 2 Beds
    • 1 Bath
    • 1,230 Sq Ft
    • 671 NE 140th St
    • North Miami, FL

    Investor Special. Prime North Miami Opportunity. Unlock the potential of this North Miami property, perfectly positioned for your next flip or dream home. The home is a true blank canvas, offering a clean slate for full renovation or redevelopment. Ideal for seasoned investors looking to capitalize on location and upside value.**Cash only** property will not qualify for financing, making this

    Linda Manuela Nieto Miami Beach Real Estate Group

    Section Image
  • 12790 NE 10th Ave, North Miami, FL 33161

    $369,000

    • 3 Beds
    • 2.5 Baths
    • 1,750 Sq Ft
    • 12790 NE 10th Ave
    • North Miami, FL

    This 7,560 SQ FT Lot is ready for you to build your dream home or make a smart investment in your future!!With fully developed architectural and engineering plans for a brand-new, modern, tropical two-story residence featuring a lap pool, expansive terrace and balcony, and a spacious backyard. A rare find that lets you jump straight into building your dream home. Plans, surveys, and

    Dalene Almeida Oceanside Resorts Realty

    Section Image
  • 755 NE 140th St, North Miami, FL 33161

    $449,900

    • 3 Beds
    • 2 Baths
    • 1,688 Sq Ft
    • 755 NE 140th St
    • North Miami, FL

    True diamond in the rough! Incredible opportunity for investors / cash buyers looking for a high-potential value-add project. This property offers substantial upside for those ready to renovate and capitalize. Well priced and expected to move quickly. Ideal for experienced investors or cash buyers—no financing contingencies will be considered. All offers must be submitted with current proof of

    Rod Undelson EXP Realty LLC

    Section Image
  • 763 NE 140th St, North Miami, FL 33161

    $400,000

    • 2 Beds
    • 1 Bath
    • 1,110 Sq Ft
    • 763 NE 140th St
    • North Miami, FL

    Charming 2BD/1BTH Fixer-Upper in Up-and-Coming North Miami Neighborhood!This property is a fantastic opportunity for investors or those looking to add their personal touch! Currently rented, the home features two spacious bedrooms and a full bathroom. The interior is in need of updating, offering endless potential to create the perfect space. With a huge back yard there are endless potentials.

    Arlester Miller Keller Williams Realty SW

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Elite Title
Warranty Deed $385,000 Elite Title
Quit Claim Deed -- Waserstein Richard
Quit Claim Deed -- Attorney
Warranty Deed $178,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $269,500 Balloon
Closed $269,500 Balloon
Previous Owner $175,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 For Sale $625,000 +62.3% $651 / Sq Ft
03/17/2025 03/17/25 Sold $385,000 -11.1% $401 / Sq Ft
11/07/2024 11/07/24 Price Changed $432,900 -1.6% $451 / Sq Ft
10/15/2024 10/15/24 Price Changed $439,900 -10.0% $458 / Sq Ft
06/28/2024 06/28/24 Price Changed $488,900 +8.9% $509 / Sq Ft
09/05/2022 09/05/22 For Sale $448,900 0.0% $468 / Sq Ft
09/04/2022 09/04/22 Off Market $448,900 -- --
08/29/2022 08/29/22 Price Changed $448,900 0.0% $468 / Sq Ft
03/10/2022 03/10/22 Rented $2,300 -22.0% --
02/08/2022 02/08/22 For Rent $2,950 0.0% --
12/09/2021 12/09/21 For Sale $419,000 -- $436 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $5,261 $247,779 -- --
2024 $4,803 $225,254 -- --
2023 $4,803 $204,777 $0 $0
2022 $4,143 $186,161 $120,000 $66,161
2021 $3,668 $160,242 $110,000 $50,242
2020 $3,218 $140,253 $90,000 $50,253
2019 $2,531 $120,264 $70,000 $50,264
2018 $2,327 $120,281 $70,000 $50,281
2017 $2,079 $87,186 $0 $0
2016 $1,991 $79,260 $0 $0
2015 $1,942 $72,055 $0 $0
2014 $1,663 $65,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11134532

MIAMI REALTORS® MLS

APN: 06-2230-035-0090