5 photos$850,000list price
Per sq ft$237
6 bd · 4 ba · 3,585 sq ft House
1331 NW 87TH ST, MIAMI, FL 33147
Listing courtesy of New Level Group. MLS# B26039114.On the MLS · Listed Jun 8
$1,480,000
1860 NW 81ST ST, MIAMI, FL 33147
5 beds3 baths2,633 sq ftHouseBuilt 1928
Updated today, November 3, 2026This home against West Little River
$562 per sq ft, 48% over the West Little River median
4 days on the market
Price cut $20,000 since it was listed at $1,500,000
$25,804 in property taxes (2025)
39,640 sq ft lot
West Little River today: 82 homes for sale, median list price $530,000.
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.
Zoned schools
Elementary: Dr. Henry Mack/W. Little River K-8 Ctr
Middle: Madison Middle School
High: Miami Central Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Arcola Lakes Community Park, 0.7 mi
Grocery: Presidente Supermarket, 0.6 mi
Distances from the center of West Little River, MIAMI.
Listing courtesy of Trustpoint Realty, LLC.. MLS# A12040338.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 30, 2026.
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