Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

1281 NW 31st Ave
Miami, FL, 33125
$649,990
3 Beds
2 Baths
1,499 SqFt
0 Acres
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MLS #A11973127 image #0
Exceptional investment opportunity in Miami! This property sits on a large 8,875 sq ft lot zoned for duplex development, offering incredible potential for rental income, expansion, or future redevelopment.

The existing home has been renovated and features 3 bedrooms and 2 bathrooms, along with major upgrades including a new roof, new A/C system, impact windows, and a remodeled kitchen. Move-in ready while still providing strong investment upside.
Ideally located just 7 minutes from Miami Freedom Park soccer and only 12 minutes from Miami International Airport, in a rapidly growing area with increasing demand and development.
Perfect for investors, developers, or owner-occupants seeking income potential and long-term appreciation.

No HOA enjoy the freedom to park a boat, RV, or recreational vehicles without restrictions.

Property Details

Price:
$649,990
MLS #:
A11973127
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WALDIN ACRES
Neighborhood:
waldinacres
Listed Date:
Feb 27, 2026
Finished Sq Ft:
1,499
Total Sq Ft:
1,951
Year Built:
1954
WaterfrontCanalfrontWaldin AcresWaldinacresWaldin AcresKensington ParkCitrus GroveMiami JacksonCanalNo Restrictions

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Schools

Elementary School:
Kensington Park
Middle School:
Citrus Grove
High School:
Miami Jackson

Interior

Appliances
Dryer, Electric Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Electric
Flooring
Ceramic Floor
Heating
Central, Electric
Interior Features
Bar, Custom Mirrors, Other, Studio Apartment
Laundry Features
Washer/Dryer Hook-Up

Exterior

Architectural Style
Attached, One Story
Community Features
Paved Road
Construction Materials
Concrete Block With Brick
Covered Spaces
6
Direction Faces
Northwest
Exterior Features
Fruit Trees
Fencing
Fenced
Garage Spaces
4
Lot Features
Less Than 1/4 Acre Lot
Open Parking YN
1
Parking Features
Attached Carport, Additional Spaces Available, Driveway
Patio And Porch Features
Patio
Roof
Aluminum
View
Canal
Waterfront Features
Canal Front
Window Features
Clear Impact Glass

Financial

Tax Year
2024
Taxes
$11,652

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Apr 24, 2026
3,651
Single Family Listed
130
Avg DOM
584
Avg $ / SqFt
$1,671,777
Avg List Price

Property Summary

    Located in the WALDIN ACRES subdivision, 1281 NW 31st Ave Miami FL is a Single Family for sale in Miami, FL, 33125. It is listed for $649,990 and features 3 beds, 2 baths, and has approximately 1,499 square feet of living space, and was originally constructed in 1954. The current price per square foot is $434. The average price per square foot for Single Family listings in Miami is $584. The average listing price for Single Family in Miami is $1,671,777. To schedule a showing of MLS#a11973127 at 1281 NW 31st Ave in Miami, FL, contact your Julien Drieu agent at 7862380927.

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