LA PALOMA

118 NE 116th Street, Miami FL 33161

2 beds · 2 baths · 1,016 ft²

Closed

$370,000

Est. Payment $1,969/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,016

Sq. Ft.

1950

Year Built

Stories

Days on Market

Description

Calling all investors. This 2 bed 2 bath home with a den has great potential. Needs lots of TLC. kitchen boasts stainless steel appliances, wood cabinets and granite counters. Minutes from Barry University Beautiful Beaches and 95 Expressway. Great private backyard with fruit trees. Don't miss this opportunity to turn this into your dream home. Sold As IS

Facts

MLS#: R10846294
Subdivision: LA PALOMA
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1950
Lot Size: 6,970 ft²
Sq. Ft.: 1,016 ft²
Sq. Mt.: 94 m²
Price per sq. ft.: $364/ft²
Price per sq. mt.: $3,936/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 27 days
Listed: Nov 16, 2022
Last Updated: Sep 10, 2026
Price/Lot Sq.Ft.: $53/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

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).

9/10/2026	Sold	$370,000
11/16/2022	Listed for sale	$370,000

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

Location

118 NE 116th Street, Miami FL 33161Directions

Estimated Monthly Payment

$2,428/mo

Principal & Interest

$1,969

Property Tax

$308

Insurance

$150

HOA

Down Payment20% ($74,000)

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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