Price Check
How this price compares
- Asking price
- $700,000
- Price per sq ft
- $397
- Original price
- $725,000
- Days on market
- 149
This multi-family property in La Paloma went under contract with an asking price of $700,000, or $397 per square foot. The asking price has come down 3.4% from its original $725,000. It spent 149 days on the market before going under contract.
Estimated monthly payment
$3,679 /mo
Principal and interest only, based on $140,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $700,000
- Days on Site
- 149 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,765 sqft
- Total Sq Ft
- 2,415 sqft
- Lot Size
- 0.24 Acres
- Year Built
- 1965
- Property Type
- Multi-Family
- MLS #
- B26024455
- Property Tax
- $7,816 (2025)
- Subdivision
- LA PALOMA
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Don't miss this excellent duplex investment opportunity located in a convenient and growing area of Miami. This property offers immediate income potential and long-term upside, making it ideal for both seasoned investors and owner-occupants. The duplex features two separate living units, each with its own private entrance and functional layout. One side is currently rented, providing instant rental income, while the other unit offers flexibility for additional income, personal use, or future value-add improvements. Each unit offers comfortable living spaces with practical layouts, making them attractive to tenants seeking affordability and convenience in a central location. The property sits on a spacious lot with room for parking and outdoor use. Located near major roadways, shopping, dining, schools, and public transportation, this property provides easy access to everything Miami has to offer. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this duplex presents a fantastic opportunity—schedule your showing today!
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1965
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Lot Size (Acres)
- 0.24
- Living Sq Ft
- 1,765
- Total Sq Ft
- 2,415
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other
- Laundry
- Laundry Room
Exterior Features
- Construction
- Concrete
- Roof
- Other
- Exterior Features
- Other
- Lot Features
- Less Than Quarter Acre
Community & HOA
- Utilities
- Cable Available / Electricity Available / Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Ok To Lease / See Remarks
- MLS Area
- 2220
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
- 6
- Under Contract
- 1
- Median List Price
- $799,000
- Median $/Sq Ft
- $380
- Avg Days on Market
- 98
Frequently Asked Questions
- How do I schedule a tour of 171 NE 117th Street, Miami, FL 33161?
- Use the Tour button on this listing to request a showing of 171 NE 117th 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 171 NE 117th Street, Miami, FL 33161 still available?
- 171 NE 117th Street, Miami, FL 33161 is currently listed as Under Contract, and has been on the market 149 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 171 NE 117th Street, Miami, FL 33161?
- With 20% down ($140,000) on the $700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 171 NE 117th Street, Miami, FL 33161 is about $3,679/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 171 NE 117th Street, Miami, FL 33161?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 171 NE 117th 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 171 NE 117th Street, Miami, FL 33161?
- 171 NE 117th 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 171 NE 117th Street, Miami, FL 33161?
- Often, yes. The right offer on 171 NE 117th 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 TruDeals Realty Corp
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 June 23, 2026.
$700,000
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Listed by Candace Garber, TruDeals Realty Corp
Map & Location
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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 $463 per square foot. The most recent closed on July 27, 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$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
Sold$535,000
Sold · December 19, 2025
82 NE 117th Street
3 bed · 2 bath · 1,155 sqft · $463/sqft
See every recorded sale in La Paloma or find out what your La Paloma home is worth.
