Closed

Little River Gardens, 7536 NE 1st Ave, Miami, FL 33138

$560,000Price
1,164SqFt

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Details

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Status:
Sold - May 30, 2025
Size: 1,164 SqFt (108 m2)
Price: $481/SqFt ($5,179/m2)
Type: Multi Family
Built: 1930
MLS Number: A11572694
On Site: 467 Days
Updated: 51 Days ago
Page Views: 0
Welcome to your new prime investment opportunity! Nestled in a coveted location ripe for development, this duplex presents an enticing proposition. The first unit boasts two bedrooms and one bathroom, providing ample space for comfortable living. Meanwhile, the second unit offers a cozy one-bedroom, one-bathroom layout, perfect for individuals or couples seeking a charming abode. Brand new impact windows/doors, new roof, central ac. Positioned on a lot zoned for up to five stories and nine units, this property not only offers immediate rental income potential but also holds promise for future expansion and increased returns. Whether you're an astute investor or a savvy homeowner looking to capitalize on this dynamic market, this duplex is a rare find with endless possibilities.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1930
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-04-19T18:00:17.000-00:00
          Taxes, Fees & More
          • Taxes: 5951

          Price History

          05/30/2025

          Date

          Sold

          Event

          $560K

          Price

          0%

          Change Rate

          $481 ft2 / $5,179 m2

          Price Per

          08/05/2024

          Date

          Price Reduced

          Event

          $560K

          Price

          -13.85%

          Change Rate

          $481 ft2 / $5,179 m2

          Price Per

          08/05/2024

          Date

          Price Reduced

          Event

          $650K

          Price

          -16.13%

          Change Rate

          $558 ft2 / $6,011 m2

          Price Per

          04/19/2024

          Date

          Listed

          Event

          $775K

          Price

          $666 ft2 / $7,167 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Michael ValdesThe Lab Realty Group, LLC • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $300/ft²
          $400/ft²
          $600/ft²

          Unit 7536 NE 1st Ave – Asking

          $481/ft²

          (+26%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $382/ft²
          Community $/Price Range (Closed) $327/ft² – $481/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Little River Gardens at Miami?

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