531 NE 71st St Miami, FL 33138
Upper East Side North NeighborhoodEstimated payment $7,263/month
Total Views
1,066
--
Bed
--
Bath
2,914
Sq Ft
$377
Price per Sq Ft
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
About This Home
Fausto is proud to present 531 NE 71 ST, a highly sought-after income-producing duplex sitting on a 7,250 sq. ft. T3-L zoned lot in Little River. This property features a 3-bedroom, 1-bath, a 2 bedroom that is operating uniquely in a co-living structure to function as two 1-bedroom, 1- bath units, thus functioning and generating solid income like a three unit. The neighborhood is also conveniently located minutes away from Wynwood, Miami Beach - providing residents with easy access to some of the city's finest dining, shopping, and Downtown. Accessibility is great for commuters looking for access to the I-95. Recent years have seen significant growth, both in terms of population and development.
Listing Agent
Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 06/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,038
Year Built
- Built in 1945
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,914 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Federal Way Amd Condos
- Federal Way Amd Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-32-07-040-2640
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $13,483 | $610,747 | -- | -- |
| 2023 | $13,483 | $555,225 | $353,417 | $201,808 |
| 2022 | $12,597 | $574,176 | $369,761 | $204,415 |
| 2021 | $10,312 | $435,403 | $0 | $0 |
| 2020 | $9,190 | $395,821 | $239,011 | $156,810 |
| 2019 | $9,223 | $396,436 | $239,011 | $157,425 |
| 2018 | $8,701 | $379,142 | $221,229 | $157,913 |
| 2017 | $8,357 | $355,083 | $0 | $0 |
| 2016 | $7,805 | $322,803 | $0 | $0 |
| 2015 | $7,492 | $302,770 | $0 | $0 |
| 2014 | $4,647 | $162,432 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | For Sale | $1,100,000 | 0.0% | $377 / Sq Ft |
| 11/02/2016 11/02/16 | Under Contract | -- | -- | -- |
| 11/01/2016 11/01/16 | Rented | $2,850 | 0.0% | -- |
| 10/04/2016 10/04/16 | Price Changed | $2,850 | -16.2% | $1 / Sq Ft |
| 09/13/2016 09/13/16 | Price Changed | $3,400 | -15.0% | $1 / Sq Ft |
| 08/10/2016 08/10/16 | For Rent | $4,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | P & P Title Services Llc | |
| Warranty Deed | $330,000 | Clear Title Group Llc | |
| Deed | $44,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $1,000 | -- | |
| Warranty Deed | $140,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $100,000 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $16,178 | Credit Line Revolving | |
| Previous Owner | $204,545 | Unknown | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $175,000 | New Conventional |
Source: Public Records
Similar Home in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11814329
APN: 01-3207-040-2640
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