1025 NW 31st Avenue, Miami, FL 33125
Local realty services provided by:CENTURY 21 Carioti
Listed by: ronald ryder
Office: richard peters realty llc.
MLS#:TB8449729
Source:MFRMLS
Price summary
- Price:$539,900
- Price per sq. ft.:$228.38
About this home
<LAST PRICE REDUCTION> <HIGHEST & BEST BY 12/30/2025> This may be one of the BIGGEST investment opportunities to HIT the MIAMI MARKET THIS YEAR. Centrally located just minutes from the airport, major highways, restaurants, and the city’s core, this property offers an extremely rare chance to secure EIGHT TOTAL UNITS on a single lot at an UNBELIEVABLE VALUE!
The main home is a renovated 3-bed, 1-bath with great curb appeal, a carport, a wide driveway, and extra parking. Inside, it features a bright open layout, wood-look floors, modern kitchen with warm cabinetry and a built-in bar, and an updated bath. Roof, AC, and water heater were REPLACED WITHIN THE PAST YEAR!
In the backyard, the property transforms into a true income-generating compound with seven additional units. Several have partial updates, while others need light TLC, and the deep lot provides impressive space and potential.
Current rental setup: the main 3/1 is vacant. Three separate 1/1s bring in $1,100 and $1,200 per month, with one currently vacant. Another 1/1 with a kitchen brings in $2,000. Two shed/storage units sit in the back- one currently being used for storage, the other rented for $500. All tenants are on month-to-month verbal agreements.
As-is, the seller collects $4,800 per month, with three units- including the main house- vacant, and existing are below market. With minimal improvements and proper leasing, you can significantly increase rents, fill vacancies, and realistically double or even triple the income, boosting cash flow and long-term value.
Home is sold as-is; buyer should verify any zoning or city requirements for continuing the current setup.
This is a rare chance to secure a high-upside investment compound in the heart of Miami. Opportunities with this level of cash-flow potential, expansion possibilities, and long-term value simply don’t hit the market often. Move quickly- deals like this do not last! <NO ASSIGNABLE CONTRACTS>
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Home facts
- Year built:1947
- Listing ID #:TB8449729
- Added:23 day(s) ago
- Updated:December 13, 2025 at 03:23 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,432 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Year built:1947
- Building area:2,432 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$539,900
- Price per sq. ft.:$228.38
- Tax amount:$9,499 (2024)
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