Price Check
How this price compares
- List price
- $575,000
- Price per sq ft
- $361
- Original price
- Unchanged
- Days on market
- 55
This multi-family property in La Paloma is listed at $575,000, or $361 per square foot. It has been on the market for 55 days.
Estimated monthly payment
$3,022 /mo
Principal and interest only, based on $115,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $575,000
- Days on Site
- 55 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,593 sqft
- Total Sq Ft
- 1,895 sqft
- Year Built
- 1943
- Property Type
- Multi-Family
- MLS #
- A12122126
- Property Tax
- $4,639 (2025)
- Subdivision
- LA PALOMA
- County
- Miami Dade
- Status
- Active
About This Property
Great opportunity to own 2 (two) houses for the price of one in the very sought-after neighborhood of Barry University. Easy access to major highways. Houses in the Miami shores area average more than a million dollars. Don't let this opportunity passes you by!
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1943
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,593
- Total Sq Ft
- 1,895
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Cooling
- Ceiling Fans / Electric / Wall Window Units
- Heating
- Electric / Wall Furnace
- Flooring
- Concrete / Other / Wood
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Other / Shingle
- Exterior Features
- Awnings
- Lot Features
- Sprinklers Manual
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Conventional / FHA / Other / Va Loan
- MLS Area
- 2210
Schools
- Elementary School
- Hubert O. Sibley K-8 Academy
- Middle School
- North Miami
- High School
- North Miami
About the Community
La Paloma is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $580,000 to $800,000. Homes were built between 1948 and 1949. Pure Equity lists homes in La Paloma and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 9
- Under Contract
- 0
- Median List Price
- $759,500
- Median $/Sq Ft
- $386
- Avg Days on Market
- 93
Frequently Asked Questions
- How do I schedule a tour of 118 NE 118th Street, Miami, FL 33161?
- Use the Tour button on this listing to request a showing of 118 NE 118th Street, Miami, FL 33161. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 118 NE 118th Street, Miami, FL 33161 still available?
- 118 NE 118th Street, Miami, FL 33161 is currently listed as Active, and has been on the market 55 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 118 NE 118th Street, Miami, FL 33161?
- With 20% down ($115,000) on the $575,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 118 NE 118th Street, Miami, FL 33161 is about $3,022/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 118 NE 118th Street, Miami, FL 33161?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 118 NE 118th Street, Miami, FL 33161. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 118 NE 118th Street, Miami, FL 33161?
- 118 NE 118th Street, Miami, FL 33161 is zoned for Hubert O. Sibley K-8 Academy (elementary), North Miami (middle), North Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 118 NE 118th Street, Miami, FL 33161?
- Often, yes. The right offer on 118 NE 118th Street, Miami, FL 33161 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Housepower Realty Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$575,000
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Listed by Heribert Jean-Louis, Housepower Realty Group
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Recent Sales
Recently sold homes in La Paloma
These are the last 6 recorded closings in La Paloma, with the price each home actually sold for rather than what it was listed at. They closed at a median of $368 per square foot. The most recent closed on November 10, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$650,000
Sold · November 10, 2026
171 NE 117th Street
0 bed · 0 bath · 1,765 sqft · $368/sqft
$50,000 under the asking price
Sold$635,000
Sold · July 27, 2026
11500 N Miami Avenue
4 bed · 2 bath · 1,786 sqft · $356/sqft
$15,000 under the asking price
Sold$880,000
Sold · June 23, 2026
23 NE 116th Street
2 bed · 1 bath · 1,064 sqft · $827/sqft
$118,500 under the asking price
Sold$540,000
Sold · April 10, 2026
58 NE 117th Street
3 bed · 2 bath · 1,539 sqft · $351/sqft
$10,000 under the asking price
Sold$580,000
Sold · March 5, 2026
11 NW 117th Street
3 bed · 2 bath · 1,203 sqft · $482/sqft
$5,000 under the asking price
Sold$274,000
Sold · December 22, 2025
333 Hemlock
3 bed · 2 bath · 1,700 sqft · $161/sqft
$5,000 under the asking price
See every recorded sale in La Paloma or find out what your La Paloma home is worth.
