For sale

$699,000

1581 NE 117th St, Miami, FL 33161

3beds

1,440sqft

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Single Family Residence

Built in 1974

-- sqft lot

$665,800 Zestimate^®

$485/sqft

$-- HOA

What's special

Large bedroomsNew roofNeutral layout

This is a rare opportunity to acquire a desirable single family or duplex, featuring both a 2-bedroom/1-bathroom unit and a 1-bedroom/1-bathroom unit but can easily open up with by unlocking a door. It is perfect for investors seeking immediate cash flow or owner-occupants who wish to live in one unit while offsetting their mortgage by renting the other, generating steady rental income. The interior offers spacious living areas, a neutral layout, and large bedrooms. Exterior amenities include a large lot with ample yard space, a new fence for added privacy, and improved energy efficiency thanks to solar panels. Major updates include a new roof and new fence; the AC unit is approximately 8 years old. This property is an excellent fit for investors or FHA buyers looking for immediate income and long-term upside potential, boasting a potential annual income of $48,000!

216 days

110

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Dishwasher

Features

Other
Flooring: Tile

Interior area

Total structure area: 1,676
Total interior livable area: 1,440 sqft

Video & virtual tour

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Property

Parking

Parking features: Additional Spaces Available

Features

Entry location: First Floor Entry
Patio & porch: Patio
Exterior features: Barbecue
Pool features: R30-No Pool/No Water
Has view: Yes
View description: Garden

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3022320140050
Zoning: 5100

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Concrete Block Construction
Roof: Shingle

Condition

Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Other

Community & HOA

Community

Features: Other, Other Subdiv/Park Info
Subdivision: Biscayne Shores Unit 4

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $485/sqft
Tax assessed value: $356,217
Annual tax amount: $4,126
Date on market: 12/10/2025
Listing terms: All Cash,Conventional

Estimated market value

$665,800

$633,000 - $699,000

$3,690/mo

Price history

Date	Event	Price
9/7/2025	Listed for sale	$699,000+40.1%$485/sqft
Source: MIAMI #A11873902 Report a problem
1/29/2023	Listing removed	--
Source: MIAMI #A11327704 Report a problem
1/15/2023	Listed for sale	$499,000-0.2%$347/sqft
Source: MIAMI #A11327704 Report a problem
8/29/2022	Listing removed	--
Source: MIAMI #A11190190 Report a problem
8/26/2022	Listed for sale	$499,900$347/sqft
Source: MIAMI #A11190190 Report a problem
4/19/2022	Pending sale	$499,900$347/sqft
Source: MIAMI #A11190190 Report a problem
4/15/2022	Listed for sale	$499,900+557.8%$347/sqft
Source: MIAMI #A11190190 Report a problem
8/31/1994	Sold	$76,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,327 +4.9%	$201,443 +8%
2024	$4,126 +11.9%	$186,596 +7.9%
2023	$3,687 +6.6%	$172,951 +7.8%
2022	$3,459 +8.7%	$160,450 +7.7%
2021	$3,183 +14.6%	$148,991 +7.5%
2020	$2,778 +7.6%	$138,604 +7.2%
2019	$2,582 +7.7%	$129,269 +4.7%
2018	$2,397	$123,507 +3%
2017	$2,397 +1%	$119,938 +6.9%
2016	$2,373 +10.2%	$112,189 +5.5%
2015	$2,153 +5.6%	$106,344 +6%
2014	$2,038 -4%	$100,294 +0.3%
2013	$2,123	$100,041 -5%
2012	$2,123 -1.4%	$105,309 -0.6%
2011	$2,153 -6.4%	$105,925 -2.1%
2010	$2,300 -10.2%	$108,226 -14.9%
2009	$2,562 -14.4%	$127,150 +12.6%
2007	$2,994 +19.1%	$112,962
2006	$2,513	--
2005	$2,513 +20%	--
2004	$2,095 +17%	--
2003	$1,791 +11%	--
2002	$1,614	--
2001	$1,614	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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