$460,000
Sold · March 4, 2026
4990 NW 31st Avenue
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $460,000
- Vs. list price
- 34.2% under
- Days on market
- 27
- Price per sq ft
- $166
This 3-bedroom single-family home in Home Owners Paradise sold for $460,000 on March 4, 2026. That was 34.2% below its final list price of $699,000. It spent 27 days on the market. At $166 per square foot, it closed 52.2% below the $347 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $460,000
- Sold On
- March 4, 2026
- Days on Site
- 27 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,777 sqft
- Total Sq Ft
- 2,827 sqft
- Lot Size
- 0.19 Acres
- Year Built
- 1972
- Property Type
- Single Family
- MLS #
- A11946637
- Property Tax
- $9,435 (2025)
- Subdivision
- HOME OWNERS PARADISE
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Developer’s Dream: Huge Miami Home in an Up-and-Coming Neighborhood with Buildable Lot Next Door Included ! Rare once-in-a-lifetime developer special in one of Miami’s fastest-rising neighborhoods. This oversized 2,800 sq. ft. single-family home with garage sits directly across from an elementary school, offering strong appeal for future homeowners or tenants.What makes this opportunity truly exceptional is the deed-included adjacent lot, zoned for single-family construction. You’re getting two properties in one deal—renovate and modernize the existing spacious home while building a brand-new single-family residence next door, or hold both as the area continues to appreciate.The main home is solid with generous layout but ready for modern updates. The roof is borderline, priced accordingly, making this a clear investor and developer opportunity with major upside.Opportunities like this are rarely available in Miami: a huge house, a buildable lot, and a growing neighborhood all in one package. Ideal for redevelopment, resale, or long-term investment. Bring your vision and maximize the potential.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1972
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- Northwest
- Lot Size (Acres)
- 0.19
- Living Sq Ft
- 2,777
- Total Sq Ft
- 2,827
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dishwasher / Refrigerator
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Main Level Primary
- Total Rooms
- 3
Exterior Features
- Construction
- Block
- Roof
- Barrel
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 2300
Schools
- Elementary School
- Lorah Park
- Middle School
- Miami Springs
- High School
- Miami Springs
About the Community
Home Owners Paradise is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $380,000 to $434,900. Homes were built between 1944 and 1949. Pure Equity lists homes in Home Owners Paradise 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
- 4
- Under Contract
- 0
- Median List Price
- $594,500
- Median $/Sq Ft
- $388
- Avg Days on Market
- 109
Frequently Asked Questions
- How do I schedule a tour of 4990 NW 31st Avenue, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 4990 NW 31st Avenue, Miami, FL 33142. 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 4990 NW 31st Avenue, Miami, FL 33142 still available?
- 4990 NW 31st Avenue, Miami, FL 33142 is currently listed as Sold, and has been on the market 27 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 4990 NW 31st Avenue, Miami, FL 33142?
- With 20% down ($139,800) on the $699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4990 NW 31st Avenue, Miami, FL 33142 is about $3,674/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 4990 NW 31st Avenue, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4990 NW 31st Avenue, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 4990 NW 31st Avenue, Miami, FL 33142?
- 4990 NW 31st Avenue, Miami, FL 33142 is zoned for Lorah Park (elementary), Miami Springs (middle), Miami Springs (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 4990 NW 31st Avenue, Miami, FL 33142?
- Often, yes. The right offer on 4990 NW 31st Avenue, Miami, FL 33142 depends on how it's priced against comparable single 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 The Keyes Company
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 August 30, 2026.
$460,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Laura Catalina Jimenez, The Keyes Company
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Home Owners Paradise
These are the last 4 recorded closings in Home Owners Paradise, with the price each home actually sold for rather than what it was listed at. They closed at a median of $417 per square foot. The most recent closed on August 19, 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$680,000
Sold · August 19, 2026
4990 NW 31st Avenue
4 bed · 3.5 bath · 2,777 sqft · $245/sqft
$20,000 under the asking price
Sold$435,000
Sold · July 20, 2026
2933 NW 48th Terrace
3 bed · 2 bath · 810 sqft · $537/sqft
Sold$500,000
Sold · June 3, 2026
2951 NW 49th Street
4 bed · 2 bath · 1,805 sqft · $277/sqft
$10,000 under the asking price
Sold$520,000
Sold · July 19, 2025
3101 NW 49th Street
4 bed · 2 bath · 1,248 sqft · $417/sqft
$5,000 over the asking price
See every recorded sale in Home Owners Paradise or find out what your Home Owners Paradise home is worth.
