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Under Contract
0 Days on Market
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How this price compares

Asking price
$570,000
Price per sq ft
$262
Original price
Unchanged
Days on market
N/A

This multi-family property in Little River Gardens Amd went under contract with an asking price of $570,000, or $262 per square foot.

0
Bedrooms
0
Bathrooms
2,176
Living Sq Ft
1921
Year Built

Estimated monthly payment

$2,996 /mo

Principal and interest only, based on $114,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$570,000
Days on Site
0 Days
Bedrooms
0
Total Baths
0
Living Area
2,176 sqft
Total Sq Ft
2,216 sqft
Year Built
1921
Property Type
Multi-Family
MLS #
A12106419
Property Tax
$7,650 (2025)
Subdivision
LITTLE RIVER GARDENS AMD
County
Miami Dade
Status
Under Contract

About This Property

Prime T5-O redevelopment opportunity in Miami’s Little River area! Situated on an approximately 7,250 SF lot, this income-producing duplex, offering cash flow while a buyer explores the property’s future development potential with a perfect example right across the street. T5-O zoning allows for multifamily and mixed-use possibilities, with significant redevelopment activity already occurring along the immediate NE 1st Ave corridor. Property consists of a main residence plus a detached CBS rear unit. Excellent opportunity for a developer, builder or investor seeking covered land in a rapidly evolving Miami location. Buyer to independently verify zoning, permitted uses, density, measurements and development feasibility with the City of Miami.

General Features

Property Type
Multi-Family
Status
Under Contract
Year Built
1921
Number of Stories
1
Living Sq Ft
2,176
Total Sq Ft
2,216
Structure Type
Duplex
Sewer
Public Sewer
Zoning
6101

Interior Features

Cooling
Central Air / Ceiling Fans / Wall Window Units
Heating
None / Separate Meters
Flooring
Other

Exterior Features

Construction
CBS Concrete Block Structure / Block / Frame / Stucco
Roof
Shingle

Community & HOA

Utilities
Cable Available
Financing Terms
Cash / Conventional / Exchange1031
MLS Area
2310

Schools

Middle School
Horace Mann
High School
Miami Edison
Homes for Sale
10
Under Contract
3
Median List Price
$527,250
Median $/Sq Ft
$380
Avg Days on Market
60
View all 10 homes for sale in Little River Gardens →
How do I schedule a tour of 8111 NE 1st Avenue, Miami, FL 33138?
Use the Tour button on this listing to request a showing of 8111 NE 1st Avenue, Miami, FL 33138. 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 8111 NE 1st Avenue, Miami, FL 33138 still available?
8111 NE 1st Avenue, Miami, FL 33138 is currently listed as Under Contract. 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 8111 NE 1st Avenue, Miami, FL 33138?
With 20% down ($114,000) on the $570,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8111 NE 1st Avenue, Miami, FL 33138 is about $2,996/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 8111 NE 1st Avenue, Miami, FL 33138?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8111 NE 1st Avenue, Miami, FL 33138. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 8111 NE 1st Avenue, Miami, FL 33138?
8111 NE 1st Avenue, Miami, FL 33138 is zoned for 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 8111 NE 1st Avenue, Miami, FL 33138?
Often, yes. The right offer on 8111 NE 1st Avenue, Miami, FL 33138 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 London Foster Realty

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 15, 2026.

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Listed by Jaime Velasquez, London Foster Realty

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