8440 NE 1st Ave # 2, Miami FL 33138, MIAMI, FL, 33138
Active61 days on marketListed Jun 15, 2026MLS #A12037654
About this home
8440 NE 1st Ave # 2, Miami FL 33138
Tucked away on a quiet cul-de-sac in the heart of Miami’s rapidly transforming Little Haiti neighborhood, this charming 1-bedroom, 1-bath residence offers a rare blend of character, tranquility, and unbeatable location. Just moments from the energy of the MiMo District and nearby distance to hotspots like The Citadel, this gated waterfront property feels like a hidden oasis in the middle of the city. Set within a lushly landscaped one-story building with classic charm, the community is surrounded by mature greenery, towering oak trees, and peaceful canal views. Residents enjoy access to a wide waterfront canal with a dock, outdoor seating areas perfect for relaxing or entertaining, and the kind of serene atmosphere that’s increasingly hard to find in Miami. The property also features gated entry, assigned parking, common laundry, and an inviting old-Florida ambiance that makes you instantly feel at home. Whether you're looking to enjoy the creative energy, dining scene, and exciting growth happening throughout Little Haiti and the surrounding neighborhoods, or simply want a peaceful retreat with authentic Miami character, this residence delivers both lifestyle and location in one unique setting.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
1
Garage
1949
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$172 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$172/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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 Little Haiti
Get to know Miami. See the full Miami guide →
Little Haiti — neighborhood snapshot
Population
29,864
Median age
38
Median income
$49,597
Median home value
$568,827
Avg household
3
Households w/ children
3,355
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
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 8440 NE 1st Ave # 2
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$220,000
650 NE 64th St # G506, Miami FL 33138
0 bd · 1 ba · 571 sqft · $385/sqft · 182 DOM
Sold · Mar ’26$180,000
880 NE 69th St # 14H, Miami FL 33138
0 bd · 1 ba · 580 sqft · $310/sqft · 57 DOM
Sold · Dec ’25$160,000
421 NE 68th St # 6, Miami FL 33138
1 bd · 1 ba · 605 sqft · $264/sqft · 77 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
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8440 NE 1st Ave # 2 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8440 NE 1st Ave # 2 — before you fall in love.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8440 NE 1st Ave # 2 FAQs
What would the monthly payment be for 8440 NE 1st Ave # 2, Miami FL 33138?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $172/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.
How does the price compare to other homes in Miami?+
At $1,700, this home is listed about 100% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8440 NE 1st Ave # 2, Miami FL 33138?+
Toussaint L'Ouverture Elementary (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), 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
01Under the MIAMI 33138 market on paper
$1,700 is 99% below the MIAMI 33138 median of $329,950.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $1,800, now $1,700 — a $100 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX Advance Realty II · Vivian Fernandez. MLS #A12037654.
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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