HOME OWNERS PARADISE
4990 NW 31st Ave, Miami FL 33142
3 beds · 2.5 baths · 2,777 ft²
$699,000
Est. Payment $3,720/mo
3
Bedrooms
2.5
Bathrooms
2,777
Sq. Ft.
1972
Year Built
2
Garage
27
Days on Market
Description
Developer’s Dream: Huge Miami Home in an Up-and-Coming Neighborhood with Buildable Lot Next Door Included ! Rare once-in-a-lifetime developer special in one of Miami’s fastest-rising neighborhoods. This oversized 2,800 sq. ft. single-family home with garage sits directly across from an elementary school, offering strong appeal for future homeowners or tenants. What makes this opportunity truly exceptional is the deed-included adjacent lot, zoned for single-family construction. You’re getting two properties in one deal—renovate and modernize the existing spacious home while building a brand-new single-family residence next door, or hold both as the area continues to appreciate. The main home is solid with generous layout but ready for modern updates. The roof is borderline, priced accordingly, making this a clear investor and developer opportunity with major upside. Opportunities like this are rarely available in Miami: a huge house, a buildable lot, and a growing neighborhood all in one package. Ideal for redevelopment, resale, or long-term investment. Bring your vision and maximize the potential.
Facts
- MLS#
- A11946637
- Subdivision
- HOME OWNERS PARADISE
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 8,250 ft²
- Sq. Ft.
- 2,777 ft²
- Sq. Mt.
- 258 m²
- Price per sq. ft.
- $252/ft²
- Price per sq. mt.
- $2,709/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 27 days
- Listed
- Jan 16, 2026
- Last Updated
- Mar 18, 2026
- Price/Lot Sq.Ft.
- $85/ft²
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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
37
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).
| 3/18/2026 | Sold | $699,000 |
| 1/16/2026 | Listed for sale | $699,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Linda Lentin K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.2 mi
Small World Montessori Method School IiPK,TK,KG · private · 0.4 mi
Kingdom Kids CarePK,KG · private · 0.5 mi
Biscayne Ridge High School7,8,9,10,11,12 · public · 0.5 mi
North Miami Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
Holy Cross Lutheran SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.7 mi
North Miami Middle School6,7,8 · public · 0.7 mi
Archcreek Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.8 mi
North Miami Senior High School9,10,11,12 · public · 0.8 mi
North Miami Senior Adult EducationUG · public · 0.8 mi
Estimated Monthly Payment
$4,453/mo
Principal & Interest
$3,720
Property Tax
$583
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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