8111 NE 1st Avenue, Miami FL 33138, MIAMI, FL, 33138
Active213 days on marketListed Jan 16, 2026MLS #R11155403
About this home
8111 NE 1st Avenue, Miami FL 33138
Income-producing duplex located in the heart of Miami. The property consists of a main residence with 5 bedrooms and 2 bathrooms, and a detached unit with 2 bedroom and 1 bathroom. Both units are tenant occupied on month-to-month leases. No HOA. Property requires repairs and general TLC. Roof on the main house may need replacement. Buyer to verify condition, zoning, and use. Ideal opportunity for investors or owner-occupants.
Facts & features
The home at a glance
2,176
Sqft
0.17 ac
Lot size
1921
Year built
1
Levels
$299
Per sqft
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.
$4,549 /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
$4,549/mo
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
$299 vs $508
Days on market
213 vs 66 typical
Where $299/sqft sits among the 400 Miami actives
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 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)
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 97% above the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 8111 NE 1st Avenue
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$960,000
Nearby listing
3 bd · 3 ba · 2,181 sqft · $440/sqft
Sold · Jan ’26$1,150,000
515 NE 61st St, Miami FL 33137
3 bd · 3 ba · 2,181 sqft · $527/sqft · 12 DOM
Sold · May ’26$1,050,000
517 NE 61st st, Miami FL 33137
3 bd · 3 ba · 2,181 sqft · $481/sqft · 0 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
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8111 NE 1st Avenue — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8111 NE 1st Avenue — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8111 NE 1st Avenue FAQs
What would the monthly payment be for 8111 NE 1st Avenue, Miami FL 33138?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,549/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 8111 NE 1st Avenue, Miami FL 33138?+
The most recent tax bill on record (2025) was $7,650. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 8111 NE 1st Avenue, Miami FL 33138?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $650,000, this home is listed about 7% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8111 NE 1st Avenue, 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
Four things that matter here
01Positioned at the premium end
$650,000 runs 97% above the MIAMI 33138 median — but at 2,176 sqft it's also nearly twice the size of the typical Miami listing.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
213 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $725,000, now $650,000 — a $75K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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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