1120 NW 31st St, Miami, FL 33127 — MLS photo

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1120 NW 31st St, Miami, FL 33127

Active · SingleFamilyResidence

$489,999

1120 NW 31st St, Miami, FL 33127

Beds
2
Baths
1
Living area
1,285 sq ft
$ / sq ft
$381/sq ft
Year built
1935
Lot size
5,500 sq ft
HOA fee
—
Annual tax
$1,022

About this property

Prime opportunity to acquire a single-family residence with strong upside in an evolving Miami neighborhood. This home offers a practical floor plan, generous lot size, and the chance to add value through updates and improvements. Pricing reflects current condition and encourages serious interest from buyers looking to renovate and personalize. Conveniently located minutes from Wynwood, Midtown, and major roadways. Opportunities like this are increasingly rare in this area.

Property location

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1120 NW 31st St, Miami, FL 33127

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
1,285 sq ft
Flooring
Other
Appliances
Electric Range
Cooling
Ceiling Fans
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1935
Lot size
5,500 sq ft
Architectural style
Detached, One Story
Roof
Flat
Construction
Block
Exterior features
Shed
Pool
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Annual tax
$1,022
Subdivision
SANTA CLARA SUB
County
Miami-Dade
Days on market
46
MLS listing ID
A11949489
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$600

Cap rate
7.2%
Net yield
7.2%
Cash-on-cash return
5.2%
Gross yield
9.0%
Mortgage payment
$2,323/mo
Down payment
$122,500
Loan amount
$367,499
Annual NOI
$35,076

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.