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1581 NE 117 Street, Miami, Florida 33161

Active For Sale
$699,000
  • Beds 3
  • Baths 2
  • Sq Ft 1,440 Sqft
  • Visits: 3 in 221 days

Description

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!

Features

  • Heating System: Central
  • Cooling System: Electric, Ceiling Fan(s)
  • Patio: Patio

Appliances

  • Appliances: Dishwasher

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: BISCAYNE SHORES UNIT 4
  • Zipcode: 33161
  • Street: 117
  • Street Number: 1581
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 50' 0.3''
  • Latitude: N25° 53' 0.9''
  • Street Dir Prefix: NE
  • MLS Area: 2220

MLS Addon

  • Association Amenities: Other
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: David Lawrence Jr. K-8
  • Exterior Features: Barbecue, Outdoor Living Area
  • Flooring: Tile
  • High School: Alonzo and Tracy Mourning
  • Insurance Expense: $0
  • Interior Features: Main Level Primary
  • Middle Or Junior School: North Miami
  • New Taxes Expense: $0
  • Tax Annual Amount: $4,126
  • Utilities: Cable Not Available
  • Zoning: 5100

Location

Listing Updated: 2026-07-09 14:47:29

  • Property Type : Residential
  • Property Sub Type : Duplex
  • Listing Type : For Sale
  • Listing ID : A11927844
  • Price : $699,000
  • View : Ocean
  • Bedrooms : 3
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 1,440 Sqft
  • Year Built : 1974
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 221
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