UNIVERSITY LAKES

1498 SW 131 AVE, Miami FL 33184

3 beds · 3 baths

Closed

$81,900

5.86%

Est. Payment $436/mo

MLS Sheet Video

Bedrooms

Bathrooms

1980

Year Built

Days on Market

Description

Investors dream opportunity! 3 units in total with 2 units renovated. Single trailer, wider than typical, with no violations. Fully renovated apartment 1bd/bth in a mobile home with brand new bathroom, full kitchen and dining space. Big covered terrace and plenty of parking spaces for extra income. You can even park a boat! Unit 1 efficiency rented for $750/month, Unit 2 1/1 rented for $1,100/month, Unit 3 $650/month with exterior gazebo and metal storage. The community has a pool, basket and volleyball courts.

Facts

MLS#: A10899084
Subdivision: UNIVERSITY LAKES
Property Type: Residential
Property Sub Type: Mobile Home
Year Built: 1980
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 80 days
Listed: Jul 24, 2020
Last Updated: Nov 20, 2020
Price/Lot Sq.Ft.: —

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4 bd · 2 ba · —

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SOLD

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

11/20/2020	Sold	$81,900
8/3/2020	Price change	$81,900-5.9%
7/24/2020	Listed for sale	$87,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1498 SW 131 AVE, Miami FL 33184Directions

Estimated Monthly Payment

$654/mo

Principal & Interest

$436

Property Tax

$68

Insurance

$150

HOA

Down Payment20% ($16,380)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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