, MIAMI, FL, 33161
Active1055 days on marketListed Aug 29, 2023MLS #A11444443
About this home
DEVELOPERS LOOKING FOR PRIME VACANT LAND NEAR NORTHEAST DADE. LOOK NO FURTHER.THIS IS ONE OF THE LARGEST PIECE OF LAND WITH MORE THAN 3 CONTIGUOUS ACRES IN THIS UNINCORPORATED SUBDIVISION NEAR BISCAYNE GARDENS. LOCATED LESS THAN A QUATER MILE FROM NORTH MIAMI AND EAST OF I-95. THIS PARCEL IS LONGING FOR YOUR VALUED HOUSING DEVELOPMENT. INTERESTED PARTIES MUST CALL THE LISTING AGENT FOR ADDTIONAL INFORMATION.
Facts & features
The home at a glance
3.083 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$46,328 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$53,661/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Miami
Get to know Miami. See the full Miami guide →
MIAMI 33161 — neighborhood snapshot
Population
54,128
Median age
37.5
Median income
$55,265
Median home value
$376,500
Avg household
2.95
Households w/ children
6,165
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$495K → $560K
Miami median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6054% above the MIAMI 33161 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$503,000
121 NE 5TH STREET UNIT 0
1 bd · 2 ba · 597 sqft · $843/sqft · 0 DOM
Sold · Nov ’25$350,000
1060 NW 121st St, North Miami FL 33168
2 bd · 1 ba · 720 sqft · $486/sqft · 21 DOM
Sold · Jul ’25$220,000
555 NE 123rd St # B, North Miami FL 33161
2 bd · 1.5 ba · 760 sqft · $289/sqft · 13 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $46,328/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2022) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $7,999,990, this home is listed about 1500% above the Miami median of $500,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Gratigny Elementary School (elementary), North Miami Senior High School (high), North Miami Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$7,999,990 runs 6054% above the MIAMI 33161 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
1055 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $9,000,000, now $7,999,990 — a $1.0M cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of JEMO Realty · Jean Monestime. MLS #A11444443.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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