Irons Manor Add 02

987 NE 131st Street, North Miami FL 33161

6 beds · 4 baths · 2,937 ft²

Closed

$495,000

Est. Payment $2,635/mo

MLS Sheet Video

6

Bedrooms

4

Bathrooms

2,937

Sq. Ft.

1937

Year Built

1

Stories

115

Days on Market

Description

Opportunity knocks. Property zoned R-2 . Could be used or group home, home based business, etc. Check for more permitted use. Large home located in a huge fenced in corner lot close to 1/2 acre in North Miami, surrounded by beautiful mature trees. Gas stove and water heater. Close to school, shops, and the beach. Owner has property rented out to four tenants and WILL put back to single family home before closing. CASH ONLY. City sewer. Newer windows. Room for pool. Call for appointment

Facts

MLS#
F10279302
Subdivision
Irons Manor Add 02
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1937
Lot Size
19,562 ft²
Sq. Ft.
2,937 ft²
Sq. Mt.
273 m²
Price per sq. ft.
$169/ft²
Price per sq. mt.
$1,813/m²
Stories
1
Garage
Pool
Days on Market
115 days
Listed
Apr 8, 2021
Last Updated
May 20, 2026
Price/Lot Sq.Ft.
$25/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Miami

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

Sellers market

June 2026

100/100
Buyers marketSellers market

51

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).

5/20/2026Sold$495,000
4/8/2021Listed for sale$495,000

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

Estimated Monthly Payment

$3,197/mo

Principal & Interest

$2,635

Property Tax

$413

Insurance

$150

HOA

$0

20% ($99,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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