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ActiveFor sale

8111 NE 1st Avenue, Miami FL 33138, Miami

$650,000

Miami, FL, 33138

8111 NE 1st Avenue, Miami FL 33138 — photo 1
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Property details

Bathrooms
3
Living area
2,176 sqft
Year built
1921
Type
Duplex
Days on market
145
MLS #
R11155403

Listing courtesy of KeyRenters South Florida · 561-889-2308. Listing agent: Benjamin Schwab. MLS data last updated 2026-06-11.

Description

Income-producing duplex located in the heart of Miami. The property consists of a main residence with 5 bedrooms and 2 bathrooms, and a detached unit with 2 bedroom and 1 bathroom. Both units are tenant occupied on month-to-month leases. No HOA. Property requires repairs and general TLC. Roof on the main house may need replacement. Buyer to verify condition, zoning, and use. Ideal opportunity for investors or owner-occupants.

8111 NE 1st Avenue, Miami FL 33138, Miamifor sale, listed for $650,000 (3 bath, 2,176 sqft).

$299/sqft · 6% percentile · based on 20 listings for sale in 33138 (median $479/sqft).

Run the numbers

Browse this price segment

n=2,626 · 2026-07-29 · Methodology

Current market segment

Right now: 96 active listings for sale in 33138, median asking price $1,274,500, median $479/sqft.

n=96 · 2026-07-29 · Methodology

Price per square foot

This listing is priced at $299 per square foot, which is the 6% percentile among 20 active listings for sale in 33138 (median $479/sqft).

n=20 · 2026-07-29 · Methodology

Market trend (our weekly archive)

Our weekly snapshot archive tracks the median for listings for sale in 33138: $480/sqft in 2026-W30 to $479/sqft in 2026-W31.

This history is computed from our own recorded market snapshots, not backfilled estimates.

n=95 · 2026-07-29 · Methodology

Price-reduction climate

37% of 96 active listings for sale in 33138 are listed below their original asking price.

n=96 · 2026-07-29 · Methodology

Time on market

This listing has been on the market 145 days; the median across 96 listings for sale in 33138 is 89 days.

n=96 · 2026-07-29 · Methodology

Local market report

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.