For sale

$699,000

1581 NE 117th St, Miami, FL 33161

3beds

1,440sqft

$4,730/mo

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Single Family Residence

Built in 1974

-- sqft lot

$665,700 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!

262 days
117
2

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

View virtual tour

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

$665,700

$632,000 - $699,000

$4,698/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	--