Miami Springs, FL 33166

Closed

$1,000,000

47.37%

Est. Payment $5,322/mo

MLS Sheet Video

1946

Year Built

Days on Market

Description

Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami’s most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all—while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area

Facts

MLS#: A11876792
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1946
Lot Size: 8,125 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 92 days
Listed: Sep 11, 2025
Last Updated: Mar 5, 2026
Price/Lot Sq.Ft.: $123/ft²

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Market insights for Miami Springs

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).

3/5/2026	Sold	$1,000,000
12/9/2025	Price change	$1,000,000-47.4%
9/11/2025	Listed for sale	$1,900,000

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

Location

Miami Springs, FL 33166Directions

GreatSchools Summary Ratings

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

Stars Learning Day Care Center
PK,TK,KG,1 · private · 0.3 mi
Stars Learning Center
KG,1,2 · private · 0.3 mi
Kid's Choice Learning Center
PK,TK,KG,1 · private · 0.5 mi
Holy Spirit Church & Inst / Miami Beach Academy
PK,KG,1 · private · 0.5 mi
Le Petit Papillon Montessori School
PK,TK,KG,1,2,3,4,5 · private · 0.5 mi
Lehrman Community Day School
KG,1,2,3,4,5 · private · 0.7 mi
Treasure Island Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Gan Katan
PK,KG,1,2,3,4 · private · 0.8 mi
Biscayne Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Happy Kids Private School
KG,1,2 · private · 0.9 mi

Estimated Monthly Payment

$6,306/mo

Principal & Interest

$5,322

Property Tax

$833

Insurance

$150

HOA

Down Payment20% ($200,000)

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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