CENTURY 21 Edge
$615,000$625,0004 bd2 ba2,224 sqft$277 /sqft$4,264 /mo all-in ↓

19811 SW 116th Ave, Miami FL 33157, MIAMI, FL, 33157

Active110 days on marketListed Apr 28, 2026MLS #A12009498

Reduced $10KSingle Family ResidenceSO MIAMI HEIGHTS ADDN V

About this home

19811 SW 116th Ave, Miami FL 33157

CASH BUYERS ONLY. - This is NOT a distressed sale Exceptional investment opportunity you don’t want to miss! This income-producing property delivers strong, consistent cash flow with minimal expenses, making it a powerful addition to any portfolio. Currently rented to two families, this property maximizes income potential with multiple revenue streams, providing immediate returns from day one. Both units are occupied by reliable, long-term tenants, with one lease in place through 10/26/2026 and the other through 02/22/2027 for added stability and peace of mind. Featuring a spacious 2/1 & 4/1 layout and a generously sized yard, this property offers excellent rental appeal and long-term value. This opportunity is being offered together with an additional listing (#A12009415), creating even greater upside for savvy investors. Opportunities like this are rare and move quickly—don’t miss your chance!

Facts & features

The home at a glance

4

Bedrooms

2

Bathrooms

2,224

Sqft

1969

Year built

$277

Per sqft

None view

Inside

FlooringConcrete · Terrazzo · Tile
AppliancesDryer · Electric Range · Refrigerator · Washer
InteriorFirst Floor Entry · No Additional Rooms
LaundryWasher/Dryer Hook-Up
CoolingCeiling Fan(s) · Central Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionCBS Construction · Frame
ViewNone
FacesWest
ParkingOther · On Street
ExteriorLighting · Fruit Trees

Community & fees

Taxes (2025)$6,655/yr
CommunityNone

Utilities & systems

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.

$4,264 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,319
PMI (est., until 20% equity)$231
Property tax — 2025 actual bill$555
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $61,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $61,500
Interest rate6.00%
Loan term

Estimated payment

$4,264/mo

Principal & interest$3,319
PMI (est., until 20% equity)$231
Property taxes (actual bill)$555
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $615K
$427KedgeAI estimate $547,723 · range $444K$610K$640K

vs edgeAI estimate

+12.3%

$/sqft vs Miami actives

$277 vs $508

Days on market

110 vs 66 typical

Where $277/sqft sits among the 400 Miami actives

161 · this home
103
55
29
19
33
$184–416$416–648$648–881$881–1113$1113–1346$1346+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Miami

Map of 19811 SW 116th Ave, Miami FL 33157

Get to know Miami. See the full Miami guide →

MIAMI 33157 — neighborhood snapshot

Population

69,605

Median age

40.6

Median income

$80,364

Median home value

$478,300

Avg household

3.17

Households w/ children

8,138

For the school run

Dade County School District

ElementaryRobert Russa Moton Elementary School★★★★
MiddleSouthwood Middle School★★★★
HighMiami Palmetto Senior High School★★★★
Title I Migrant Education Program
Instructional Center System Wide
District Instructional Center (Dic)

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

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

36 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 34% above the MIAMI 33157 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $615,000 $10K
Apr 28, 2026Listed at $625,000 · 110 days on market since
1969Built · SO MIAMI HEIGHTS ADDN V

Reality check

What actually sold near 19811 SW 116th Ave

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

11470 SW 199th St, Miami FL 33157Sold · Nov ’25

$499,900

11470 SW 199th St, Miami FL 33157 · same community

3 bd · 2 ba · 1,155 sqft · $433/sqft · 255 DOM

19721 SW 114th Pl, Miami FL 33157Sold · May ’26

$420,000

19721 SW 114th Pl, Miami FL 33157 · same community

3 bd · 1 ba · 1,103 sqft · $381/sqft · 8 DOM

12735 SW 215th Ter, Miami FL 33177Sold · Sep ’25

$710,000

12735 SW 215th Ter, Miami FL 33177

4 bd · 2.5 ba · 2,213 sqft · $321/sqft · 163 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.

Krystina Allen

Your agent

Krystina Allen

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 19811 SW 116th Ave — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 19811 SW 116th Ave — before you fall in love.

See it in person

Schedule a tour

Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

19811 SW 116th Ave FAQs

What would the monthly payment be for 19811 SW 116th Ave, Miami FL 33157?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,264/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 19811 SW 116th Ave, Miami FL 33157?+

The most recent tax bill on record (2025) was $6,655. 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 $615,000, this home is listed about 1% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 19811 SW 116th Ave, Miami FL 33157?+

Robert Russa Moton Elementary School (elementary), Southwood Middle School (middle), Miami Palmetto Senior High School (high), Title I Migrant Education Program (), Instructional Center System Wide (), District Instructional Center (Dic) () — 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

$615,000 runs 34% above the MIAMI 33157 median — but at 2,224 sqft it's also nearly twice the size of the typical Miami listing.

02None views

The none view is part of what you're buying — views hold value independently of the structure.

03Strong assigned schools

Robert Russa Moton Elementary School, Southwood Middle School, Miami Palmetto Senior High School, Title I Migrant Education Program, Instructional Center System Wide, District Instructional Center (Dic) — Southwood Middle School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $625,000, now $615,000 — a $10K cut. The full history is in the market section below.

Listing courtesy of Aim Higher Commercial Real Estate Group · Amalia Gamarra. MLS #A12009498.

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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