$489,999

1120 31st St, Miami, FL 33127

Bedrooms
2
Baths
1
Living area
1,285 ft²
Price per ft²
$381 / ft²
Type
Single-Family Home
Year built
1935
On market
242 days on market
MLS #
A11949489

Prime opportunity to acquire a single-family residence with strong upside in an evolving Miami neighborhood. This home offers a practical floor plan, generous lot size, and the chance to add value through updates and improvements. Pricing reflects current condition and encourages serious interest from buyers looking to renovate and personalize. Conveniently located minutes from Wynwood, Midtown, and major roadways. Opportunities like this are increasingly rare in this area.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $381. The median for recorded sales in the same ZIP codes is $901/ft² — putting it 58% below the median.
  • Position in the area’s price distributionThe asking price is $489,999; the median of recorded sales in the area is $1,200,000 (936 sales). On raw price that is 59% below the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$147,000
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,270
Loan amount
$342,999
Total interest over the term
$474,372
Total repaid
$817,372

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Dalton Wade Inc

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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