Price Check
How this price compares
- List price
- $550,000
- Price per sq ft
- $352
- Original price
- $575,000
- Days on market
- 24
This multi-family property in ZIP 33161 is listed at $550,000, or $352 per square foot. The asking price has come down 4.3% from its original $575,000. It has been on the market for 24 days.
Estimated monthly payment
$2,890 /mo
Principal and interest only, based on $110,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $550,000
- Days on Site
- 24 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,564 sqft
- Total Sq Ft
- 1,612 sqft
- Year Built
- 1948
- Property Type
- Multi-Family
- MLS #
- A12108660
- Property Tax
- $8,935 (2025)
- Subdivision
- MIAMI HIGHLANDS SEC A
- County
- Miami Dade
- Status
- Active
About This Property
Investment opportunity near Barry University and Miami Shores! This duplex offers separate electric meters and individual water heaters, providing practical features for rental ownership. Expand your investment portfolio or explore living in one unit while renting the other. Conveniently positioned near the university, with shopping, dining, and access to I-95 within the surrounding area. Bring your vision and explore the property’s income potential in this centrally located Miami neighborhood. Information deemed reliable but not guaranteed. Buyer and Buyer’s Agent to independently verify all property information, permitted uses, and rental restrictions.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1948
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,564
- Total Sq Ft
- 1,612
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Zoning
- 5700
Interior Features
- Cooling
- Other / Wall Window Units
- Heating
- Other / Separate Meters
- Flooring
- Other
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Other
- Roof
- Other
Community & HOA
- Utilities
- Cable Not Available / Sewer Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2220
Schools
- Elementary School
- Hubert O. Sibley K-8 Academy
- Middle School
- Horace Mann
- High School
- Miami Edison
About the Community
- Homes for Sale
- 3
- Under Contract
- 0
- Median List Price
- $675,000
- Median $/Sq Ft
- $379
- Avg Days on Market
- 73
Frequently Asked Questions
- How do I schedule a tour of 262 NE 111th Street, Miami, FL 33161?
- Use the Tour button on this listing to request a showing of 262 NE 111th 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 262 NE 111th Street, Miami, FL 33161 still available?
- 262 NE 111th Street, Miami, FL 33161 is currently listed as Active, and has been on the market 24 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 262 NE 111th Street, Miami, FL 33161?
- With 20% down ($110,000) on the $550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 262 NE 111th Street, Miami, FL 33161 is about $2,890/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 262 NE 111th Street, Miami, FL 33161?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 262 NE 111th 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 262 NE 111th Street, Miami, FL 33161?
- 262 NE 111th Street, Miami, FL 33161 is zoned for Hubert O. Sibley K-8 Academy (elementary), Horace Mann (middle), Miami Edison (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 262 NE 111th Street, Miami, FL 33161?
- Often, yes. The right offer on 262 NE 111th 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 EXP Realty LLC
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.
$550,000
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Listed by Seyon Dunbar, EXP Realty LLC
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Recent Sales
Recently sold homes in ZIP 33161
These are the last 6 recorded closings in ZIP 33161, with the price each home actually sold for rather than what it was listed at. They closed at a median of $462 per square foot. The most recent closed on November 14, 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$770,000
Sold · November 14, 2026
12000 NE 10th Avenue
0 bed · 0 bath · 1,668 sqft · $462/sqft
$10,000 under the asking price
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$3,575,000
Sold · November 10, 2026
11900 Griffing Boulevard
5 bed · 4.5 bath · 4,235 sqft · $844/sqft
$125,000 under the asking price
Sold$485,000
Sold · November 7, 2026
777 NE 144th Street
2 bed · 1 bath · 756 sqft · $642/sqft
$14,900 under the asking price
Sold$96,000
Sold · November 6, 2026
12665 NE 16th Avenue 22
2 bed · 2 bath
$13,999 under the asking price
Sold$1,300,000
Sold · November 6, 2026
11401 W Biscayne Canal Road
4 bed · 4 bath · 3,488 sqft · $373/sqft
$175,000 under the asking price
See every recorded sale in ZIP 33161 or find out what your ZIP 33161 home is worth.
