$842,500
SOLD FEB 7, 2025

1250 NW 61st St Miami, FL 33142

Liberty City Neighborhood
-- Bed
-- Bath
3,712 Sq Ft
1964 Built

Recently Sold

$227 Per Sq Ft

9% Below List Price

82 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Sherdavia Jenkins Peace Park
  • Tile Flooring

About This Home

As of February 2025

This property at 1250 NW 61st Street is a fourplex, with each of the four units offering a 2-bedroom, 1-bath layout. All units are equipped with central air conditioning, and the property features four separate electric meters, which simplifies billing and utilities for tenants. Located in a developing neighborhood with growth potential, this property has strong income-generating possibilities. Current income is $7200 a month but With Section 8, each unit’s rent can be increased to $2,300, adding to the investment appeal. The current long-term tenants add stability, making this a potentially low-turnover, high-revenue property for buyers looking to capitalize on rising rents in an up-and-coming area. All units in great shape , see pics, potential of $9200 income a month

Last Agent to Sell the Property

Diego Pineiro

Miami Beach Real Estate Group License #0683345

Miami Beach Real Estate Group

Last Buyer's Agent

Sandra Reyes Tascon

Miami Beach Real Estate Group License #3548531

Miami Beach Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,225

Year Built

  • Built in 1964

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,712 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Orchard Villa Extension Condos
  • Orchard Villa Extension Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-31-14-043-0490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,225

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ORCHARD VILLA EXTENSION
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3712
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORCHARD VILLA EXTENSION
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-043-0490
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10225

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $842,500 -8.9% $227 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
11/08/2024 11/08/24 For Sale $925,000 +355.7% $249 / Sq Ft
10/14/2014 10/14/14 Sold $203,000 -3.3% $68 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $209,900 0.0% $71 / Sq Ft
01/14/2013 01/14/13 Rented $775 -8.8% --
12/15/2012 12/15/12 Under Contract -- -- --
11/23/2012 11/23/12 For Rent $850 0.0% --
11/05/2012 11/05/12 Sold $140,000 +41.4% $47 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
07/31/2011 07/31/11 For Sale $99,000 -- $33 / Sq Ft
Source: MIAMI REALTORS® MLS

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Source: MIAMI REALTORS® MLS

MLS Number: A11690756

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33142 Liberty City

1250 NW 61st St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 1250 NW 61st St, Miami, FL 33142 and is currently priced at $842,500, approximately $226 per square foot. This property was built in 1964. 1250 NW 61st St is a home located in Miami-Dade County with nearby schools including Orchard Villa Elementary School, Brownsville Middle School, and Miami Northwestern 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.