$299,990

1211 37th St, Miami, FL 33142

Bedrooms
3
Baths
2
Living area
1,286 ft²
Price per ft²
$233 / ft²
Type
Single-Family Home
Year built
1937
On market
153 days on market
MLS #
A12014838

Cash-only redevelopment opportunity with strong upside potential. Ideal for developers or investors, this property sits on a 6,000 sq ft lot zoned for duplex use in an area seeing continued growth and redevelopment activity. The existing home is currently configured as a 3-bedroom, 2-bathroom single-family and has an unsafe structure violation with the City, creating the opportunity for demolition and new construction or potential restoration, subject to buyer verification and approval. Excellent opportunity for those seeking long-term value, redevelopment potential, or a value-add project. Buyer to conduct their own due diligence regarding zoning, violations, liens, permitting, and feasibility for intended use.

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 $233. The median for recorded sales in the same ZIP codes is $715/ft² — putting it 67% below the median.
  • Position in the area’s price distributionThe asking price is $299,990; the median of recorded sales in the area is $575,000 (730 sales). On raw price that is 48% 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, 33136, 33142 · 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%$89,997
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$1,437
Loan amount
$209,993
Total interest over the term
$307,254
Total repaid
$517,247

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

The Keyes Company

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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