Off Market Jan 2022 for $1.4M

$1,722,857

Est. refi paymentEst. refi $10,680/mo

•

3,282

sq ft

11690 SW 81st Rd, Pinecrest, FL 33156

About this home

* ALREADY PRODUCING $11,000 PER MONTH. BOTH UNITS SUCCESFULLY RENTED * Collect rent from high quality tenants that make passive income a breeze. With Miami's meteoric real estate market, each unit in this duplex has successfully been rented for $5,500 per month. With a low initial tax basis this property is destined to be a great investment. The below financials are already in place and end up at a cap rate of 8%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly rent $5,500 Yearly property taxes $15,000 (includes post-purchase adjustment) Yearly insurance $4,000 Yearly utilities & misc costs $2,400 Total expenses $21,400 Total income $132,000 * * * NOI $110,600 * * * @ ~8% cap rate = $1,400,000

Multi-familyProperty Type

2021Year Built

$525Est. Price/Sq.Ft.

4 spacesParking

Listed by Raphael Hillis • Urban Key Realty Corp

•646-620-7375 (agent)

•raphajhillis@gmail.com (agent)

•305-967-8820 (broker)

•info@urbankeyrealty.com (broker)

Bought with Samar Okung • Keller Williams Capital Realty

•305-662-7325 (broker)

•JoelD@kw.com (broker)

Redfin checked: 2 minutes ago

•Source:MARMLS #A11119152

Redfin Estimate

$1,722,857

$263K since sold in January 2022$20K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.8% higher than the average sale price ($1.33M) of 6 comparable homes.

SOLD JUL 30, 2026
$1,001,000
A
4 beds3 baths2,518 sq ft
8900 SW 159th Ter, Palmetto Bay, FL 33157
SOLD JUN 22, 2026
$1,476,000
B
5 beds4 baths3,209 sq ft
16230 SW 89th Ct, Palmetto Bay, FL 33157
SOLD AUG 31, 2026
$1,630,000
C
6 beds4 baths4,007 sq ft
10650 SW 77th Ct, Pinecrest, FL 33156
SOLD JUN 1, 2026
$1,120,000
D
4 beds3 baths3,364 sq ft
16435 SW 89th Ave, Palmetto Bay, FL 33157
SOLD MAY 26, 2026
$985,000
E
6 beds3.5 baths3,760 sq ft
9761 SW 148th St, Miami, FL 33176
SOLD JUN 4, 2026
$1,750,000
F
5 beds4 baths3,771 sq ft
8561 SW 167th Ter, Palmetto Bay, FL 33157

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Earn from this home

Sell

$558,880

Est. take-home

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Refinance

Est. cash available

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Market trends in 33156, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

+0.4% MoM

Median sale price

$1.8M

$24K MoM

Avg. days on market

86d

4 days MoM

Recently sold homes

137

9 MoM

New listings for sale

NEW 3 HRS AGO
$2,700,000
4 beds3 baths2,335 sq ft
7291 SW 129th St, Pinecrest, FL 33156
(786) 381-3758
NEW 1 DAY AGO
$315,000
2 beds1.5 baths890 sq ft
6703 N Kendall Dr #405, Pinecrest, FL 33156
(786) 252-4308
$250,000
1 bed1 bath648 sq ft
Miami, FL 33156
(786) 615-6761
$495,000
2 beds2 baths1,155 sq ft
7350 SW 89th St Unit 1411S, Miami, FL 33156
(305) 514-0100
$3,800,000
4 beds4.5 baths4,173 sq ft
7885 SW 117th St, Pinecrest, FL 33156
(305) 666-1800
$295,000
1 bed1 bath759 sq ft
7350 SW 89th St Unit 411S, Miami, FL 33156
(305) 253-2800
$649,999
2 beds2.5 baths1,430 sq ft
7840 SW 86th St #22, Miami, FL 33143
(305) 253-2800
VIDEO TOUR
$10,875,000
7 beds8.5 baths9,545 sq ft
6045 SW 106th St, Pinecrest, FL 33156
(305) 251-2127
$1,299,000
4 beds3.5 baths2,724 sq ft
8260 SW 88th St, Miami, FL 33156
(305) 858-2700
$5,750,000
7 beds7.5 baths7,384 sq ft
8800 SW 57th Ave, Pinecrest, FL 33156
(305) 667-4815
See all

Provided by Redfin

Sale history for 11690 SW 81st Rd

Date

Event

Price

REALLYO #6

May 4, 2026

Rental Removed

$4,900

$1/sq ft

Apr 27, 2026

Listed for Rent

$4,900

$1/sq ft

Mar 30, 2026

Rental Removed

$4,900

$1/sq ft

Mar 20, 2026

Listed for Rent

$4,900

$1/sq ft

REALLYO #5

Mar 19, 2026

Rental Removed

$4,900

$1/sq ft

Mar 16, 2026

Listed for Rent

$4,900

$1/sq ft

VLS #4

Mar 16, 2026

Rental Removed

$4,900

$1/sq ft

Mar 15, 2026

Listed for Rent

$4,900

$1/sq ft

VLS #3

Mar 14, 2026

Rental Removed

$4,900

$1/sq ft

Mar 14, 2026

Listed for Rent

$4,900

$1/sq ft

VLS #2

Mar 14, 2026

Rental Removed

$4,900

$1/sq ft

Mar 11, 2026

Listed for Rent

$4,900

$1/sq ft

RENT. #1

Feb 21, 2022

Price Changed

$5,500

$2/sq ft

MARMLS #A11119152

Jan 6, 2022

Sold

$1,460,000

$445/sq ft

Nov 24, 2021

Contingent

—

Nov 1, 2021

Listed

$1,400,000

$427/sq ft

MARMLS #A10929395

Jan 8, 2021

Sold

$765,000

$233/sq ft

Dec 9, 2020

Pending

—

Nov 2, 2020

Price Changed

$819,000

$250/sq ft

Oct 17, 2020

Price Changed

$824,999

$251/sq ft

Sep 18, 2020

Listed

$825,000

$251/sq ft

Public Records

Jun 3, 2009

Sold

$425,000

$129/sq ft

Public Records

Dec 1, 1986

Sold

$162,500

$50/sq ft

Public Records

Jun 1, 1981

Sold

$130,000

$40/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$23,940 (+9.4%)

$678,000 + $595,182

$1,273,182

2024

$21,890 (+5.6%)

$678,000 + $595,182

$1,273,182

2023

$20,736 (+57.6%)

$500,550 + $607,571

$1,108,121

2022

$13,160 (+19.1%)

$500,550 + $607,571

$1,108,121

2021

$11,052 (+3.1%)

$394,050 + $285,954

$680,004

2020

$10,720 (−0.7%)

$340,800 + $204,735

$545,535

2019

$10,798 (+9.6%)

$319,500 + $207,936

$527,436

2018

$9,850 (+1.0%)

2017

$9,754 (+5.3%)

2016

$9,266 (+7.8%)

2015

$8,598 (+7.7%)

2014

$7,982 (+11.2%)

2013

$7,175 (+20.9%)

2012

$5,934 (−6.0%)

$130,462 + $178,030

$308,492

2011

$6,313

Tax history for 11690 SW 81st Rd

Year

Property tax

Land + Additions

Assessment*

2025

$23,940 (+9.4%)

$678,000 + $595,182

$1,273,182

2024

$21,890 (+5.6%)

$678,000 + $595,182

$1,273,182

2023

$20,736 (+57.6%)

$500,550 + $607,571

$1,108,121

2022

$13,160 (+19.1%)

$500,550 + $607,571

$1,108,121

2021

$11,052 (+3.1%)

$394,050 + $285,954

$680,004

2020

$10,720 (−0.7%)

$340,800 + $204,735

$545,535

2019

$10,798 (+9.6%)

$319,500 + $207,936

$527,436

2018

$9,850 (+1.0%)

2017

$9,754 (+5.3%)

2016

$9,266 (+7.8%)

2015

$8,598 (+7.7%)

2014

$7,982 (+11.2%)

2013

$7,175 (+20.9%)

2012

$5,934 (−6.0%)

$130,462 + $178,030

$308,492

2011

$6,313

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

2020

Sq. Ft.

3,534

Year built

1968

Style

Multi-Family (2-4 Unit)

County

Miami-Dade County

APN

2050100130350

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 1, 2026.

Aug 22, 2024 • Final

E_roof

Remove and replace the shingles and flat roofing on a residential building.

Roofing

Dec 28, 2021 • Final

Alteration

Perform alterations on a kitchen and bathroom.

Bathroom

Kitchen

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking
# of Parking (Total): 4

Interior

Virtual Tour

Interior Features
Flooring: Marble, Terrazzo, Tile

Multi Unit Financial Information
Total Rent: $132,000
Operating Expense: $21,400

Unit Type 1
Unit Description: Parking:Open Parking,Den,Family Room,Kitchen
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 2
# of Full Bathrooms: 2

Unit Type 2
Unit Description: Parking:Open Parking,Den,Family Room,Kitchen
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 2
# of Full Bathrooms: 2

Exterior

Building Information
Stories: 1
Year Built Details: Effective Year Built
Roof Details: Shingle
Construction Details: Block

Land Information
Possible Use: Investment

Lot Information
Lot Features: Quarter To Half Acre Lot
Zoning Description: 5700

Financial

Tax Information
Annual Tax Amount: $10,720
Tax Year: 2020

Rental Information
Rent Includes: Hot Water, Trash Collection, Water

Utilities

Utility Information
Utilities: Cable Available
Sewer: Septic Tank

Heating & Cooling
Has Cooling
Cooling: Central Air, Electric

Public facts

Beds: 6
Baths: 4.0
Sq. Ft.: 3,534
Stories: 1.0
Lot Size: 0.26 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 2020
County: Miami-Dade County
APN: 2050100130350

Home facts updated by county records on Jul 1, 2026

Around this home

Schools

Palmetto Elementary School

Public PreK-5 • Assigned • 0.8mi

10/10

Palmetto Middle School

Public 6-8 • Assigned • 1.0mi

8/10

Miami Palmetto Senior High School

Public 9-12 • Assigned • 0.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Minimal risk 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 105° 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

Pinecrest, FL • 33156

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.64M – $1.98M

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New listings for sale in 33156

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NEW 1 DAY AGO

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Home values near 11690 SW 81st Rd

Data from public records.

Address	Redfin Estimate
11700 SW 81st Road, Pinecrest, FL 4 Beds \| 2 Baths \| 2366 Sq. Ft.	$1,155,096
11713 SW 81st Road, Pinecrest, FL 4 Beds \| 3 Baths \| 1924 Sq. Ft.	$1,070,636

Address	Redfin Estimate
11555 SW 81st Road, Pinecrest, FL 4 Beds \| 2 Baths \| 2500 Sq. Ft.	$1,049,297
11525 SW 81st Road, Pinecrest, FL 3 Beds \| 2 Baths \| 2245 Sq. Ft.	$1,122,512

Address	Redfin Estimate
11705 SW 81st Road, Pinecrest, FL 3 Beds \| 2 Baths \| 1955 Sq. Ft.	$1,115,889
11600 SW 81st Road, Pinecrest, FL 6 Beds \| 4 Baths \| 3226 Sq. Ft.	$1,230,029

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33156, FL

Sale history for 11690 SW 81st Rd

Tax history for 11690 SW 81st Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33156

Home values near 11690 SW 81st Rd

More real estate resources