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Pre-foreclosure
    • Est. $4,522,351

    1242 NE 81st Ter, Miami, FL 33138

    3beds
    2,083sqft
    Single Family Residence
    Built in 1973
    0.25 Acres Lot
    $-- Zestimate®
    $2,171/sqft
    $-- HOA

    Overview

    Attention Developers and Investors! Renderings available to develop your dream mansion on the bay or build it as spec home for sale. You can develop up 7000 sf house with a rooftop terrace overlooking the Biscayne Bay with a 80 foot dock and an infinity pool. Currently the property is a fully renovated 3/3 villa villa that offers a pool, dock with a boat lift, 2 car garage and stainless steel appliances and custom cabinets. Property is sold furnished and ready for an airbnb business to generate income before beginning of construction.
    128 days
    |
    162
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashot Chukajian 786-454-0100,

    Omega Realty Partners

    Source: MIAMI,MLS#: A11488780MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room
      Heating
      • Central
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Electric Water Heater
      Features
      • Flooring: Ceramic Tile
      Interior area
      • Total structure area: 3,068
      • Total interior livable area: 2,083 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Patio & porch: Deck
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
      • Frontage type: Bay/Harbor
      • Frontage length: 80
      Lot
      • Size: 0.25 Acres
      • Features: 1/4 To Less Than 1/2 Acre Lot
      Details
      • Parcel number: 0132080190090
      • Zoning: 0100

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block Construction
      • Roof: Flat Tile
      Condition
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: None, No Subdiv/Park Info
      • Subdivision: Bay Crest Sec 2
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $2,171/sqft
      • Tax assessed value: $4,522,351
      • Annual tax amount: $61,398
      • Date on market: 11/19/2023
      • Listing terms: All Cash,Conventional,Cryptocurrency,1031 Exchange,Lease Option,Lease Purchase,Owner Will Carry

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        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,963/mo

        Price history

        DateEventPrice
        6/23/2026Listing removed$6,300,000$3,024/sqft
        Source: MIAMI #A11911300 Report a problem
        4/8/2026Price change$6,300,000-10%$3,024/sqft
        Source: MIAMI #A11911300 Report a problem
        11/10/2025Listed for sale$6,999,000+6.1%$3,360/sqft
        Source: MIAMI #A11911300 Report a problem
        11/7/2025Listing removed$6,599,000$3,168/sqft
        Source: MIAMI #A11903643 Report a problem
        10/29/2025Listed for sale$6,599,000+10%$3,168/sqft
        Source: MIAMI #A11903643 Report a problem
        9/1/2025Listing removed$50,000$24/sqft
        Source: MIAMI #A11775318 Report a problem
        4/2/2025Listed for rent$50,000+85.2%$24/sqft
        Source: MIAMI #A11775318 Report a problem
        8/16/2024Sold$6,000,000+4.3%$2,880/sqft
        Source: Public Record Report a problem
        3/5/2024Sold$5,750,000-4.2%$2,760/sqft
        Source: MIAMI #A11488780 Report a problem
        2/15/2024Pending sale$5,999,000$2,880/sqft
        Source: MIAMI #A11488780 Report a problem
        12/26/2023Price change$5,999,000+20.2%$2,880/sqft
        Source: MIAMI #A11488780 Report a problem
        11/19/2023Listed for sale$4,990,000+0.8%$2,396/sqft
        Source: MIAMI #A11488780 Report a problem
        11/17/2023Listing removed--
        Source: MIAMI #A11487487 Report a problem
        11/16/2023Listed for sale$4,950,000+65%$2,376/sqft
        Source: MIAMI #A11487487 Report a problem
        10/24/2023Listing removed--
        Source: MIAMI #A11436693 Report a problem
        10/13/2023Price change$27,000+35%$13/sqft
        Source: MIAMI #A11436693 Report a problem
        10/3/2023Listed for rent$20,000+11.1%$10/sqft
        Source: MIAMI #A11436693 Report a problem
        6/12/2023Listing removed--
        Source: MIAMI #A11342561 Report a problem
        4/12/2023Price change$18,000-7.7%$9/sqft
        Source: MIAMI #A11342561 Report a problem
        2/23/2023Price change$19,500-20.4%$9/sqft
        Source: MIAMI #A11342561 Report a problem
        2/13/2023Price change$24,500-23.4%$12/sqft
        Source: MIAMI #A11342561 Report a problem
        2/10/2023Listed for rent$32,000+8.5%$15/sqft
        Source: Zillow Rentals Report a problem
        2/10/2023Listing removed--
        Source: MIAMI Report a problem
        1/14/2023Price change$29,500-10.6%$14/sqft
        Source: MIAMI Report a problem
        12/9/2022Listed for rent$33,000$16/sqft
        Source: MIAMI Report a problem
        1/3/2022Sold$3,000,000-14.3%$1,440/sqft
        Source: MIAMI #A11114376 Report a problem
        11/19/2021Pending sale$3,500,000+5446.8%$1,680/sqft
        Source: MIAMI #A11114376 Report a problem
        10/5/1993Sold$63,100$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$114,651 +73.5%$4,522,351 +38.5%
        2024$66,088 +7.6%$3,265,145 +10%
        2023$61,398 +326.7%$2,968,314 +311.3%
        2022$14,390 +0.1%$721,610 +3%
        2021$14,378 +1.2%$700,593 +1.4%
        2020$14,209 +2.2%$690,921 +2.3%
        2019$13,908 +4.5%$675,388 +2.5%
        2018$13,306 $659,071 +2.1%
        2017$13,306 +1%$645,516 +2.1%
        2016$13,170 -1.9%$632,239 +0.7%
        2015$13,419 -1.1%$627,845 +0.8%
        2014$13,571 -21.8%$622,863 -2.2%
        2013$17,360 0%$636,729 -19.7%
        2012$17,360 -3.3%$792,688 +3%
        2011$17,954 -9.1%$769,600 -8.6%
        2010$19,760 +8.2%$842,023 +2.7%
        2009$18,266 +5%$819,887 +6.4%
        2007$17,389 -4.4%$770,212
        2006$18,187 --
        2005$18,187 +304.5%--
        2004$4,496 +2.5%--
        2003$4,384 +3%--
        2002$4,256 --
        2001$4,256 --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Upper Eastside

        Getting around

        61 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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