CENTURY 21 Edge
$375,000$850,000$3,208 /mo all-in ↓

, MIAMI, FL, 33125

Active378 days on marketListed Jul 9, 2025MLS #A11837316

Reduced $475KResidentialHARWOOD 2ND ADDN TO RIVER

About this home

DEVELOPER PACKAGE: PRICED AT $375,000 PER FOLIO (MUST BE SOLD TOGETHER FOR $750,000 TOTAL). This listing represents one of two fee-simple lots in a fully approved, shovel-ready duplex project. The City of Miami folio split is currently in the final e-recording phase. To utilize the active building permit and approved plans, both folios must be purchased concurrently by a single developer/investor for a total acquisition cost of $750,000. All zoning and planning reviews are 100% complete. Build the duplex, sell one side to a retail buyer at a premium to recapture your capital, and hold the other as a high-yield, debt-free rental asset with zero HOA fees. Creative seller financing structures and phased buyout options may be available for qualified builders. DISCLAIMER: All information provided is deemed reliable but is not guaranteed and should be independently verified. The property is currently undergoing a legal folio split, and buyers are strictly responsible for conducting their own due diligence regarding zoning, building plans, permits, and construction requirements. Creative financing options are subject to seller approval, qualification, and mutually agreed-upon terms.Contact the listing agent for the approved workflow routing slip, building plans, and financing term details.

Facts & features

The home at a glance

6400 ac

Lot size

Inside

Outside & construction

FacesEast

Community & fees

Taxes (2024)$8,094/yr

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Other Utilities Available · Phone Connected · Sewer Connected · Water Connected
WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,208 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,208
FHA mortgage insurance (est.)$166
Property tax — 2024 actual bill$675
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $13,125Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $13,125
Interest rate6.00%
Loan term

Estimated payment

$3,208/mo

Principal & interest$2,208
FHA mortgage insurance (est.)$166
Property taxes (actual bill)$675
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Alameda - West Flagler

Map of  inside its neighborhood boundary

Get to know Miami. See the full Miami guide →

Alameda - West Flagler — neighborhood snapshot

Population

45,863

Median age

44

Median income

$56,704

Median home value

$431,367

Avg household

3

Households w/ children

4,600

For the school run

Dade County School District

ElementaryKinloch Park Elementary School★★★★
MiddleKinloch Park Middle School★★★★
HighCoral Gables Senior High School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans seller3.7 months of inventoryBuyer’s 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 35% above the MIAMI 33125 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $375,000 $475K
Jul 9, 2025Listed at $850,000 · 378 days on market since

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.

Robert Holmgren

Your agent

Robert Holmgren

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

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 Robert'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 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,208/mo — principal and interest, the actual property-tax bill 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 (2024) was $8,094. 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 $375,000, this home is listed about 25% below the Miami median of $500,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Kinloch Park Elementary School (elementary), Kinloch Park Middle School (middle), Coral Gables Senior High School (high), 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

Three things that matter here

01Positioned at the premium end

$375,000 runs 35% above the MIAMI 33125 median.

02Time on market is leverage

378 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $850,000, now $375,000 — a $475K cut. The full history is in the market section below.

Listing courtesy of Real Estate Sales Force · Ismaris Texidor. MLS #A11837316.

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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