1200 NE 131st St
North Miami, FL 33161
$489,990
$318/ft²
About this home
This spacious 2-bedroom, 2-bath home offers a functional split floor plan with generous living and dining areas, a large kitchen, and oversized bedrooms, including a primary suite with an en-suite bath. Situated in an established North Miami neighborhood with convenient access to major highways, shopping, dining, schools, and beaches, this property presents an excellent opportunity for investors, flippers, or buy-and-hold landlords looking to add value in a desirable location. With solid square footage and a practical layout, this home has the foundation for a strong renovation project and attractive resale or rental potential. The home appears to need mostly cosmetic updates. Recommended improvements include interior paint, flooring replacement in carpeted areas, modernization of the kitchen and bathrooms, updating cabinetry, fixtures, and lighting, and minor drywall or trim repairs. Some windows and blinds may need attention. Overall, the property appears to be in fair condition with no obvious signs of major structural distress visible, making it a solid value-add opportunity with primarily cosmetic renovations.
Property details
Listing
- MLS #
- A12066301
- Status
- For sale
- Listed on
- Aug 5, 2026
- Days on market
- 5 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 2
- Baths
- 2
- Living area
- 1,539 ft²
- Price per ft²
- $318/ft²
Building & community
- Type
- Single-family home
- Year built
- 1949
- County
- Miami-Dade
Lot & exterior
- Lot size
- 10,846 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $2,478
- Property taxes (est.)
- $449
- Home insurance (est.)
- $317
- Flood insurance (est.)
- —
Estimated total$3,244*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$2,478/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Kariza Capital Realty, LLC.
Francesco Fassioli · 305-283-2165 · ffassioli@peakregroup.com · 3052832165
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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