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831 NE 157th Terrace, North Miami Beach, FL 33162
Sold
60 Days on Market
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$395,000

Sold · September 3, 2025

831 NE 157th Terrace

North Miami Beach, FL 33162

MORRIS ADDN

Explore the area: North Miami Beach homes for sale · Miami Dade County real estate

What this home sold for

Sold price
$395,000
Vs. list price
10.2% under
Days on market
60
Price per sq ft
$331

This 3-bedroom single-family home in ZIP 33162 sold for $395,000 on September 3, 2025. That was 10.2% below its final list price of $440,000. It first came on the market at $460,000, so the price was adjusted before it sold. It spent 60 days on the market.

3
Bedrooms
2
Bathrooms
1,194
Living Sq Ft
1954
Year Built

Listing Snapshot

Sold Price
$395,000
Sold On
September 3, 2025
Days on Site
60 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,194 sqft
Total Sq Ft
1,515 sqft
Lot Size
0.15 Acres
Year Built
1954
Property Type
Single Family
MLS #
A11812838
Property Tax
$6,812 (2024)
Subdivision
MORRIS ADDN
County
Miami Dade
Status
Sold
Special Conditions
Listed As Is

About This Property

Welcome to this three-bedroom, two-bathroom home in North Miami Beach. This property presents an exceptional opportunity for investors or homeowners. The home comprises a three-bedroom, two-bathroom main house and a one-bedroom unit on the left side of the main house, currently generating $900 per month in monthly rent from a tenant. The property requires renovations,roof needs to replace soon, but it holds significant potential for improvement. Its convenient location is just minutes from parks, shopping, the beach, I-95 and Turnpike. The property is available for sale as is condition. Cash only.

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
1954
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
0
Parking
Driveway
Direction Faces
South
Lot Size (Acres)
0.15
Living Sq Ft
1,194
Total Sq Ft
1,515
Sewer
Public Sewer
Water Source
Public
Zoning
0500

Interior Features

Appliances
Electric Range / Electric Water Heater / Microwave / Refrigerator
Cooling
Central Air / Wall Window Units
Heating
Central
Flooring
Tile
Interior Features
Main Level Primary

Exterior Features

Construction
Block
Roof
Barrel
Lot Features
Fruit Trees
View
Garden

Community & HOA

Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
2220

Browse North Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. North Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest North Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
437
Under Contract
56
Median List Price
$517,500
Median Sale Price (September)
$345,000
Median $/Sq Ft
$415
Avg Days on Market
170
View all 437 homes for sale in North Miami Beach →
How do I schedule a tour of 831 NE 157th Terrace, North Miami Beach, FL 33162?
Use the Tour button on this listing to request a showing of 831 NE 157th Terrace, North Miami Beach, FL 33162. 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 831 NE 157th Terrace, North Miami Beach, FL 33162 still available?
831 NE 157th Terrace, North Miami Beach, FL 33162 is currently listed as Sold, and has been on the market 60 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 831 NE 157th Terrace, North Miami Beach, FL 33162?
With 20% down ($88,000) on the $440,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 831 NE 157th Terrace, North Miami Beach, FL 33162 is about $2,312/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 831 NE 157th Terrace, North Miami Beach, FL 33162?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 831 NE 157th Terrace, North Miami Beach, FL 33162. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 831 NE 157th Terrace, North Miami Beach, FL 33162?
Often, yes. The right offer on 831 NE 157th Terrace, North Miami Beach, FL 33162 depends on how it's priced against comparable single family sales in North Miami Beach, 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.

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Listed by Min Bian, The Keyes Company

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