This is a rare opportunity to acquire a desirable single family or duplex, featuring both a 2-bedroom/1-bathroom unit and a 1-bedroom/1-bathroom unit but can easily open up with by unlocking a door. It is perfect for investors seeking immediate cash flow or owner-occupants who wish to live in one unit while offsetting their mortgage by renting the other, generating steady rental income. The interior offers spacious living areas, a neutral layout, and large bedrooms. Exterior amenities include a large lot with ample yard space, a new fence for added privacy, and improved energy efficiency thanks to solar panels. Major updates include a new roof and new fence; the AC unit is approximately 8 years old. This property is an excellent fit for investors or FHA buyers looking for immediate income and long-term upside potential, boasting a potential annual income of $48,000!
For sale
$699,000
1581 NE 117th St, Miami, FL 33161
3beds
1,440sqft
Est.:
Single Family Residence
Built in 1974
-- sqft lot
$671,600 Zestimate®
$485/sqft
$-- HOA
What's special
Large bedroomsNew roofNeutral layout
- 4 hours |
- 7 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: 11 hours ago
Listed by:
Shevaun Gandy 305-244-2398,
United Realty Group Inc,
Guirlene Francois 347-907-0029,
MMLS Assoc.-Inactive Member
Source: MIAMI,MLS#: A11927844
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher
Features
- Other
- Flooring: Tile
Interior area
- Total structure area: 1,676
- Total interior livable area: 1,440 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Spaces Available
Features
- Entry location: First Floor Entry
- Patio & porch: Patio
- Exterior features: Barbecue
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Garden
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3022320140050
- Zoning: 5100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
Community & HOA
Community
- Features: Other, Other Subdiv/Park Info
- Subdivision: Biscayne Shores Unit 4
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $485/sqft
- Tax assessed value: $342,397
- Annual tax amount: $4,126
- Date on market: 12/10/2025
- Listing terms: All Cash,Conventional
Estimated market value
$671,600
$638,000 - $705,000
$3,152/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2025 | Listed for sale | $699,000+40.1%$485/sqft |
Source: | ||
| 1/29/2023 | Listing removed | -- |
Source: | ||
| 1/15/2023 | Listed for sale | $499,000-0.2%$347/sqft |
Source: | ||
| 8/29/2022 | Listing removed | -- |
Source: | ||
| 8/26/2022 | Listed for sale | $499,900$347/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,126 +11.9% | $186,596 +7.9% |
| 2023 | $3,687 +6.6% | $172,951 +7.8% |
| 2022 | $3,459 +8.7% | $160,450 +7.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,671/mo
Principal & interest
$3354
Property taxes
$1072
Home insurance
$245
Climate risks
Neighborhood: 33161
Nearby schools
GreatSchools rating
- 7/10David Lawrence Jr. K-8 CenterGrades: PK-8Distance: 2.5 mi
- 4/10Alonzo And Tracy Mourning Senior High Biscayne Bay CampusGrades: 9-12Distance: 2.6 mi
- 5/10North Miami Middle SchoolGrades: 6-8Distance: 1.6 mi
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