LITTLE RIVER GARDENS

7544 NE 1st Ave, Miami FL 33138

1,400 ft²

Closed

$500,000

Est. Payment $2,661/mo

MLS Sheet Video

1,400

Sq. Ft.

1940

Year Built

Stories

Days on Market

Description

Investment Opportunity in Little River - Minutes from Downtown Miami. Unlock the potential of this property in the highly sought-after Little River area, just minutes from Miami's vibrant core. This non-conforming triplex is currently leased on a month-to-month basis. It’s strategically located near I-95, Biscayne Blvd., and the MiMo district, offering excellent connectivity. Ideal for investors looking to capitalize on the area's growth, this property is located a few steps from N. Miami Ave. and has T5-R zoning. The property has 7,312 sq. ft. of land, and it offers tremendous upside for the buyer ready to do improvements or redevelopment. It’s currently vacant and ready for a new owner to take over.

Facts

MLS#: A11760820
Subdivision: LITTLE RIVER GARDENS
Property Type: Residential Income
Property Sub Type: Triplex
Year Built: 1940
Lot Size: 0 sqft
Sq. Ft.: 1,400 ft²
Sq. Mt.: 130 m²
Price per sq. ft.: $357/ft²
Price per sq. mt.: $3,846/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 48 days
Listed: Mar 11, 2025
Last Updated: Jun 30, 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.

Buyers market

May 2026

0/100

Buyers marketSellers market

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

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

6/30/2025	Sold	$500,000
3/11/2025	Listed for sale	$500,000

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

Location

7544 NE 1st Ave, Miami FL 33138Directions

GreatSchools Summary Ratings

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

Brito Miami Private School
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Mater Brickell Preparatory Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
Mater Grove Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
La Piazza Academy
PK,KG,1,2,3,4,5 · private · 0.3 mi
Mickey & Minnie Day Care Center
PK,KG · private · 0.4 mi
Coconut Grove Montessori School
PK,KG · private · 0.4 mi
Coconut Grove Montessori School
KG,1 · private · 0.4 mi
Aurora Academy
PK,KG · private · 0.5 mi
Coconut Grove Montessori School
PK,KG · private · 0.5 mi
The English Center
UG · public · 0.5 mi

Estimated Monthly Payment

$3,228/mo

Principal & Interest

$2,661

Property Tax

$417

Insurance

$150

HOA

Down Payment20% ($100,000)

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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