$535,000
$15K PRICE DROP

1201 NW 87th St Miami, FL 33147

West Little River Neighborhood

Estimated payment $3,536/month

Total Views 3,539
3 Beds
2 Baths
1,273 Sq Ft
$420 Price per Sq Ft

Highlights

  • Sun or Florida Room
  • Efficiency Studio
  • Views
  • No HOA
  • Circular Driveway
  • Patio

About This Home

Discover this gorgeous Home with Investment Potential! Property is a 3/2 currently being used as a 2/1 Main House + a fully equipped 1/1 apartment. Currently leased for a total of $4,100/month. Property is larger than tax roll, 1,750 under A/C. Recently remodeled with updated kitchen,flooring and bathrooms. Expansive 9,261 Sf corner lot with a circular driveway offering plenty of parking. Sought-after location ensures consistent rental demand, making it a fantastic investment opportunity. Whether you're a seasoned investor or just starting to build your portfolio, this property offers potential for steady rental income. Don’t miss out on this versatile home that combines charm, practicality, and profitability!

Listing Agent

Christian Gornail

Luxe Properties License #3273932

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,603

Year Built

  • Built in 1957

Lot Details

  • 9,261 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Studio
  • Shingle Roof

Interior Spaces

  • 1,273 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Efficiency Studio
  • Electric Range
  • Property Views

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cravero Lake Shore Est 2N Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-31-02-018-0560

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,603

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CRAVERO LAKE SHORE EST 2N
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Florida Room, Studio Apartment
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Living Area: 1273
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Florida Room, Studio Apartment

Exterior Features

  • Roof: Shingle
  • View: Other
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CRAVERO LAKE SHORE EST 2N
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-02-018-0560
  • Lot Size Sq Ft: 9261
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6603

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,086 $346,201 $192,752 $153,449
2023 $6,086 $321,059 $167,610 $153,449
2022 $4,046 $153,685 $0 $0
2021 $3,434 $139,714 $0 $0
2020 $3,214 $189,924 $86,370 $103,554
2019 $3,005 $176,762 $73,208 $103,554
2018 $2,638 $154,176 $50,622 $103,554
2017 $2,539 $95,428 $0 $0
2016 $2,226 $86,753 $0 $0
2015 $2,074 $78,867 $0 $0
2014 -- $71,698 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $535,000 0.0% $420 / Sq Ft
04/18/2025 04/18/25 Off Market $535,000 -- --
04/11/2025 04/11/25 Price Changed $535,000 -2.7% $420 / Sq Ft
01/13/2025 01/13/25 For Sale $549,900 +48.6% $432 / Sq Ft
08/31/2022 08/31/22 Sold $370,000 -2.6% $291 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $380,000 -- $299 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Union Title
Warranty Deed $370,000 Union Title
Warranty Deed -- Cabanas Law Pa
Warranty Deed -- --
Interfamily Deed Transfer -- Multiple
Interfamily Deed Transfer -- Multiple
Warranty Deed $88,200 Statewide Title Corp
Warranty Deed $75,000 --
Deed $18,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,040,000 New Conventional
Previous Owner $222,000 New Conventional
Previous Owner $119,000 Fannie Mae Freddie Mac
Previous Owner $74,949 FHA
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11724139

MIAMI REALTORS® MLS

APN: 30-3102-018-0560

Florida Miami/Dade County Miami 33147 West Little River

1201 NW 87th St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 1201 NW 87th St, Miami, FL 33147 and is currently priced at $535,000, approximately $420 per square foot. This property was built in 1957. 1201 NW 87th St is a home located in Miami-Dade County with nearby schools including Arcola Lake Elementary School, Madison Middle School, and Miami Central Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Christian Gornail
Listing Agent
Christian Gornail
Section Image
Luxe Properties
(305) 809-7650