CENTURY 21 Edge
$1,099,900$1,195,0002,839 sqft$387 /sqft$7,582 /mo all-in ↓

111 SW 31st Ct, Miami FL 33135, MIAMI, FL, 33135

Active94 days on marketListed May 13, 2026MLS #A12018553

Reduced $95KDuplexAMD PL OF ARDMORE HEIGHTS

About this home

111 SW 31st Ct, Miami FL 33135

Multifamily in prime Little Havana-West Flagler location. Strong in-place income and immediate cash flow. Ideal for investors and 1031 buyers seeking a turnkey asset with favorable financing, solid returns, and long-term upside. High-demand rental location near Downtown, Brickell, and Coral Gables. Financials available upon request. Do not disturb tenants.

Facts & features

The home at a glance

2,839

Sqft

1948

Year built

$387

Per sqft

Inside

CoolingCentral Air · Wall/Window Unit(s)
HeatingNone

Outside & construction

RoofShingle
ConstructionConcrete Block Construction · Composition Shingle

Community & fees

Taxes (2025)$12,900/yr

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.

$7,582 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,935
PMI (est., until 20% equity)$412
Property tax — 2025 actual bill$1,075
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $109,990Loan30-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% · $109,990
Interest rate6.00%
Loan term

Estimated payment

$7,582/mo

Principal & interest$5,935
PMI (est., until 20% equity)$412
Property taxes (actual bill)$1,075
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.

$/sqft vs Miami actives

$387 vs $511

Days on market

94 vs 66 typical

Where $387/sqft sits among the 400 Miami actives

160 · this home
103
55
29
19
34
$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 Alameda - West Flagler

Map of 111 SW 31st Ct, Miami FL 33135 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 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 327% above the MIAMI 33135 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,099,900 $95K
May 13, 2026Listed at $1,195,000 · 94 days on market since
1948Built · AMD PL OF ARDMORE HEIGHTS

Reality check

What actually sold near 111 SW 31st Ct

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

2990 SW 20th St, Miami FL 33145Sold · Apr ’26

$2,270,000

2990 SW 20th St, Miami FL 33145

4 bd · 5 ba · 2,828 sqft · $803/sqft · 12 DOM

2937 SW 21st ST, Miami FL 33145Sold · Jun ’26

$1,440,000

2937 SW 21st ST, Miami FL 33145

4 bd · 5 ba · 2,620 sqft · $550/sqft · 208 DOM

3000 SW 20th St, Miami FL 33145Sold · Dec ’25

$2,250,000

3000 SW 20th St, Miami FL 33145

5 bd · 4 ba · 2,610 sqft · $862/sqft · 38 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.

Erwin Vazquez

Your agent

Erwin Vazquez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 111 SW 31st Ct — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 111 SW 31st Ct — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

111 SW 31st Ct FAQs

What would the monthly payment be for 111 SW 31st Ct, Miami FL 33135?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,582/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 111 SW 31st Ct, Miami FL 33135?+

The most recent tax bill on record (2025) was $12,900. 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 $1,099,900, this home is listed about 80% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 111 SW 31st Ct, Miami FL 33135?+

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.

Listing courtesy of Miranda & CO Realty LLC · Mabel Martinez Gomez. MLS #A12018553.

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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