Atlantic Luxury Advisors
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17 photos

1860 81st St

Miami, FL 33147

$1,480,000
5
3
2,633 sq ft
39,639 sq ft
1928
Single Family Residence
53
Active

Listing courtesy of Trustpoint Realty, LLC. (Darious White). Contact: [email protected].

About this home

INVESTOR & DEVELOPER OPPORTUNITY! Rare 0.91-acre site in Miami with significant redevelopment and subdivision potential. The property's true value lies in the land, making it an exceptional opportunity for developers, builders, investors, and land-bank buyers seeking long-term upside. The existing approximately 3,000 SF residence provides an added advantage, offering the potential for strong rental income of up to $7,000 per month while pursuing development plans, permits, and approvals. Strategically located in a rapidly growing area with strong demand for new housing and redevelopment projects. Whether you're looking to develop, subdivide, renovate, or hold for future appreciation, this property presents a unique opportunity to capitalize on nearly one acre of land in Miami. Buyer to independently verify zoning, subdivision potential, permitted uses, and development opportunities.

What it costs to own
Estimated monthly payment
$10,626/mo
Principal and interest
$7,484
Property tax
$2,217
Homeowners insurance
$925
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$26,606/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.