1581 NE 117 ST

Miami, FL 33161

$699,000

$485/ft²

3Beds

2Baths

1,440Sq ft

1974Year built

Single-family homeType

About this home

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!

Property details

Listing

MLS #: A11927844
Status: For sale
Listed on: Dec 10, 2025
Days on market: 243 days
Listing data updated: Jun 16, 2026

Interior

Beds: 3
Baths: 2
Living area: 1,440 ft²
Price per ft²: $485/ft²

Building & community

Type: Single-family home
Year built: 1974
County: Miami-Dade

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): $3,535
Property taxes (est.): $641
Home insurance (est.): $433
Flood insurance (est.): —

Estimated total$4,609*/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?