La Paloma
23 NE 116th Street, Miami FL 33161
2 beds · 1 baths · 1,064 ft²
$998,500
Est. Payment $5,314/mo
2
Bedrooms
1
Bathrooms
1,064
Sq. Ft.
1959
Year Built
1
Garage
1
Stories
13
Days on Market
Description
RARE Opportunity in the North Miami area!!!! Set on nearly half an acre, this expansive .47-acre property stands out as one of the largest lots in the neighborhood offering endless possibilities for renovation, expansion, or a custom new build. This mid-century home is ready for a complete transformation, making this ideal for an investor or owner-user looking to create something extraordinary. Mature fruit trees and lush grounds add natural beauty and privacy. A property of this size and potential is seldom available, a true hidden gem that hasn’t been offered for sale in decades. Prime North Miami location just minutes to I-95, quick access to the Palmetto Expressway and just about 10–15 mins to the beach. Close to major shopping, restaurants and the Biscayne Blvd corridor.
Facts
- MLS#
- F10532176
- Subdivision
- La Paloma
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 20,550 ft²
- Sq. Ft.
- 1,064 ft²
- Sq. Mt.
- 99 m²
- Price per sq. ft.
- $938/ft²
- Price per sq. mt.
- $10,086/m²
- Stories
- 1
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 13 days
- Listed
- Oct 22, 2025
- Last Updated
- Jun 24, 2026
- Price/Lot Sq.Ft.
- $49/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
September 2026
39
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).
| 6/24/2026 | Sold | $998,500 |
| 10/22/2025 | Listed for sale | $998,500 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$6,297/mo
Principal & Interest
$5,314
Property Tax
$832
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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