ORCHARD VILLA EXTENSION

1250 NW 61st St, Miami FL 33142

3,712 ft²

Closed

$925,000

Est. Payment $4,923/mo

MLS Sheet Video

3,712

Sq. Ft.

1964

Year Built

Stories

Days on Market

Description

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

Facts

MLS#: A11690756
Subdivision: ORCHARD VILLA EXTENSION
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1964
Lot Size: 0 sqft
Sq. Ft.: 3,712 ft²
Sq. Mt.: 345 m²
Price per sq. ft.: $249/ft²
Price per sq. mt.: $2,681/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 82 days
Listed: Nov 8, 2024
Last Updated: Feb 25, 2025
Price/Lot Sq.Ft.: —

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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

May 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).

2/25/2025	Sold	$925,000
11/8/2024	Listed for sale	$925,000

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

Location

1250 NW 61st St, Miami FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Redland Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 0.7 mi
South Dade Senior High School
PK,9,10,11,12 · public · 0.9 mi
Avocado Elementary School
PK,KG,1,2,3 · public · 1.2 mi
Coral Rock Christian Academy
PK,KG · private · 1.2 mi
Colonial Christian School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Colonial Christian School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Colonial Christian School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Faith Fellowship School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.7 mi
Faith Fellowship School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.7 mi
Somerset Arts Academy
KG,1,2,3,4,5 · charter · 1.8 mi

Estimated Monthly Payment

$5,844/mo

Principal & Interest

$4,923

Property Tax

$771

Insurance

$150

HOA

Down Payment20% ($185,000)

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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