1860 NW 81st St

Miami, FL 33147

$1,500,000

$570/ft²

5Beds

3Baths

2,633Sq ft

1928Year built

Single-family homeType

About this home

INVESTOR & DEVELOPER OPPORTUNITY! Rare 0.91-acre site in Miami with significant redevelopment and subdivision potential. The property's true value lies in the land, making it an exceptional opportunity for developers, builders, investors, and land-bank buyers seeking long-term upside. The existing approximately 3,000 SF residence provides an added advantage, offering the potential for strong rental income of up to $7,000 per month while pursuing development plans, permits, and approvals. Strategically located in a rapidly growing area with strong demand for new housing and redevelopment projects. Whether you're looking to develop, subdivide, renovate, or hold for future appreciation, this property presents a unique opportunity to capitalize on nearly one acre of land in Miami. Buyer to independently verify zoning, subdivision potential, permitted uses, and development opportunities.

Property details

Listing

MLS #: A12040338
Status: For sale
Listed on: Jun 19, 2026
Days on market: 51 days
Listing data updated: Jun 22, 2026

Interior

Beds: 5
Baths: 3
Living area: 2,633 ft²
Price per ft²: $570/ft²

Building & community

Type: Single-family home
Year built: 1928
County: Miami-Dade

Lot & exterior

Lot size: 39,639 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): $7,585
Property taxes (est.): $1,375
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$9,560*/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?