Welcome to this incredible investment opportunity in the heart of Midtown Miami! This spacious 2 bedroom, 2 bath duplex on each side offers an ideal canvas for an investor seeking a fix and flip venture. With two electrical meters, the potential to transform each unit into a highly desirable living space is within reach. Once renovated, each unit has the potential to fetch a monthly rental income of at least $2,250, making this a lucrative prospect for any savvy investor. Don't miss out on this chance to unlock the full potential of this Midtown Miami duplex!
Sold for $425,000
$425,000
5517 NW 1st Pl, Miami, FL 33127
4beds
4baths
1,551sqft
Duplex
Built in 1960
-- sqft lot
$673,100 Zestimate®
$274/sqft
$3,620 Estimated rent
Home value
$673,100
$599,000 - $754,000
$3,620/mo
Zestimate® history
Owner options
List your home for rent
$3,620/mo
Rent Zestimate®
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$3,620/mo
Rent Zestimate®
Refinance and save
$2,945/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,945/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Shaka Lee 305-316-0614,
MAC Miami Realty Group, LLC.,
Myriam Cambronne 305-338-1281,
MAC Miami Realty Group, LLC.
Bought with:
Myriam Cambronne, 3019763
MAC Miami Realty Group, LLC.
Source: MIAMI,MLS#: A11464666
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Other
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Terrazzo
Interior area
- Total structure area: 1,631
- Total interior livable area: 1,551 sqft
Property
Parking
- Total spaces: 2
Features
- Stories: 1
- Patio & porch: Open Porch, Patio
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131130750080
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Floree
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $397,262
- Annual tax amount: $4,040
- Date on market: 10/5/2023
- Listing terms: All Cash,Conventional,Cryptocurrency,FHA 203K
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Listing removed | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Listed for rent | $3,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2023 | Sold | $425,000-17.5%$274/sqft |
Source:  MIAMI #A11464666 Report a problem | ||
| 12/1/2023 | Pending sale | $515,000$332/sqft |
Source: MIAMI #A11464666 Report a problem | ||
| 10/5/2023 | Listed for sale | $515,000$332/sqft |
Source: MIAMI #A11464666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,700 +6.5% | $397,262 +7.4% |
| 2024 | $8,173 +62.4% | $370,037 +185.9% |
| 2023 | $5,033 +24.6% | $129,435 +10% |
| 2022 | $4,040 +5.6% | $117,669 +10% |
| 2021 | $3,826 +8.9% | $106,972 +10% |
| 2020 | $3,513 +9.8% | $97,248 +10% |
| 2019 | $3,199 +12.9% | $88,408 +10% |
| 2018 | $2,834 | $80,371 +10% |
| 2017 | $2,834 +2.5% | $73,065 +10% |
| 2016 | $2,765 +26% | $66,423 +10% |
| 2015 | $2,194 +9.5% | $60,385 +10% |
| 2014 | $2,005 +0.5% | $54,896 +8% |
| 2013 | $1,994 | $50,849 -6.9% |
| 2012 | $1,994 -4.7% | $54,635 -6.7% |
| 2011 | $2,093 -26.8% | $58,584 -32.4% |
| 2010 | $2,858 -34.3% | $86,655 -44.9% |
| 2009 | $4,349 -15% | $157,383 -21.9% |
| 2007 | $5,114 +22.5% | $201,480 |
| 2006 | $4,175 | -- |
| 2005 | $4,175 +17.2% | -- |
| 2004 | $3,562 +37.9% | -- |
| 2003 | $2,582 +9.2% | -- |
| 2002 | $2,364 | -- |
| 2001 | $2,364 | -- |
Find assessor info on the county website
Neighborhood: Little Haiti
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Nearby schools
GreatSchools rating
- 6/10Toussaint L'Ouverture ElementaryGrades: PK-5Distance: 0.3 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 0.5 mi
Get a cash offer in 3 minutes
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Estimated market value
$673,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$673,100
- Florida
- Miami-Dade County
- Miami
- 33127
- Little Haiti
- 5517 NW 1st Pl
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