Strategic investment opportunity in Miami’s Little River! Duplex 2/2; 1/1 is currently configured as a 3-bedroom, 2-bathroom residence. Located within a designated Opportunity Zone and High Density Mixed-Use T5-O zoning. With key Opportunity Zone tax deferral provisions scheduled through 2026, this property offers timely redevelopment potential, long-term appreciation, and possible capital gains tax deferral advantages for qualifying investors. Currently occupied by an exceptionally reliable tenant with a strong track record of timely payments and responsible lease compliance. Tenant responsible for all utilities, lawn maintenance, trash removal. Ideally positioned in prime Little River location, just off N Miami Ave and a couple blocks from NE 79th Street, offering excellent connectivity to Miami’s key urban corridors. Near the Design District, Edgewater, Wynwood, Little Haiti, and Downtown Miami, this site sits within one of Miami’s most dynamic growth areas in Dade county. Property is sold As-is. The duplex Has been very well maintained. The roof was completely isolated in 2022. New A/C 2023.The windows are fitted with exterior metal security bars for added protection. Freshly painted in & out. Brand New appliances (Refrigerator, Heater & washer & dryer ).
Little River Central, located between Little River and El Portal, is a warehouse-district and residential-pocket Miami neighborhood with low-slung industrial blocks and a growing roster of design-forward studios. The neighborhood’s character concentrates around NE 2nd Ave near the Little River canal, where galleries, coffee counters, and maker spaces share the street with loading docks and murals. The Citadel, The Anderson, and the Little River Flea serve as recognizable pillars for food, music, and local retail. Architecture leans utilitarian—metal roll-up doors, concrete block, and converted bays—alongside modest mid-century homes on quieter streets. Streetscapes feel workshop-oriented by day and patio-lit after dark. The canal and rail-adjacent edges shape a compact, urban geography.
Provided by Walk Score and Local Logic
Offer insights
$465,000
$464K and above
75% chance or better to win
Why $464K+ is a strong offer
DAYS ON MARKET
140 days
The average home goes pending in 99 days.
SALE-TO-LIST
96.4%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Blinds on windows
Ceramic tile flooring
Bedrooms
One 1-bedroom efficiency unit (leased)
Three 2-bedroom units (each leased)
Bathrooms
Each unit has one full bathroom
Kitchen
Range
Refrigerator
Kitchen in units
Laundry & utility
Washer/dryer hookups
Laundry room
Washer/Dryer hookups available in units
Flooring
Ceramic tile
Heating & cooling
Central air conditioning
Individual air conditioning units in some units
Exterior features
Fenced yard
Open patio and porch
Patio
Porch
Home design
Single-story building
Parking
Total of 4 parking spaces
Security
Smoke detectors in units
Construction
Brick and block construction
Shingle and wood roof
Utilities
Public water
Public sewer
Cable not available
Water heater listed as energy-efficient appliance
HOA & community
On-site laundry facilities
Financial info
Total actual rent: $26,400
Operating expenses: $7,000
One efficiency unit rents for $400
Three 2-bedroom units rent for $1,800 each
Other
Property listed as resale
Zoning: 4600
Lot is less than quarter acre
Electricity and solar
View estimated energy costs and solar savings for this home
The Urban Center Zone consists of higher Density Mixed-Use Building types that accommodate retail and office Uses, rowhouses and apartments. A network of small blocks has Thoroughfares with wide Sidewalks, steady street tree planting and Buildings set close to the Frontages with frequent doors and windows.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Climate risks
6/10 Flood Factor
Estimated 68-76% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33138
Average low and high temperatures (°F)
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67
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65
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Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate
$438,795
$26K under list price of $465K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $395K to $865K.