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3231 NW 14th StreetMiami, FL 33125Price: $549,999

  • Price: $549,999
  • Est. Mortgage of $/month
  • 3 Days on Market
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$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $549,999List Price
  • 6Bedrooms
  • 4Bathrooms
  • 0.12Acreage
  • 2,432Square Feet

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INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF MIAMI!!! This unique single-family property is currently configured with FOUR SEPARATE LIVING SPACES, each featuring its own FULL BATHROOM, offering tremendous potential for investors looking to RENOVATE, RECONFIGURE, AND UNLOCK ADDITIONAL VALUE! The property includes THREE ADDITIONAL UNPERMITTED ROOMS and TWO UNPERMITTED BATHROOMS, presenting an opportunity for future improvements and possible legalization, subject to city approvals. Featuring a WHITE STUCCO EXTERIOR, EXPANSIVE COVERED FRONT PORCH with decorative archways, a SPACIOUS PAVER DRIVEWAY, and a gated front yard, this property offers plenty of character and potential! Step inside to a SPACIOUS LIVING AREA featuring tile flooring throughout, recessed lighting, and an open layout that flows naturally into the adjoining DINING AREA. Continuing through is the FUNCTIONAL KITCHEN, complete with abundant wood cabinetry, granite-look countertops, stainless-steel appliances, and ample storage space. The main living area also features THREE BEDROOMS with tile flooring, ceiling fans, and natural light, including one with a MINI-SPLIT AC SYSTEM and direct exterior access. Nearby is an UPDATED FULL BATHROOM featuring modern textured wall tile, a glass-enclosed walk-in shower, pedestal sink, illuminated mirror, and contemporary fixtures. In addition to the main living area are THREE ADDITIONAL LIVING SPACES, each with its own FULL BATHROOM. Two offer VERY SPACIOUS LAYOUTS with dedicated living areas, while the third is a smaller space featuring a LARGE CLOSET and private bathroom. These additional areas offer tremendous potential for RECONFIGURATION, RENOVATION, or possible income-producing use, subject to applicable approvals. Towards the rear of the property is a DEDICATED LAUNDRY ROOM featuring a washer, dryer, built-in shelving, and additional storage space. With its FLEXIBLE CONFIGURATION, ABUNDANT PARKING, and multiple living spaces, this property presents an exceptional opportunity for a FIX-AND-FLIP, LONG-TERM INVESTMENT, or owner-occupant renovation. Additional features include NO HOA, FULL IMPACT WINDOWS THROUGHOUT, a ROOF FROM 2005 with NO REPORTED LEAKS, and a CENTRAL AC SYSTEM originally installed in 2005 and reportedly replaced in 2011. The property also offers an ASSUMABLE LOAN, subject to lender approval and qualification. Conveniently located near MIAMI INTERNATIONAL AIRPORT, major highways, shopping, dining, and DOWNTOWN MIAMI, this property offers tremendous potential for the right buyer. Property contains UNPERMITTED IMPROVEMENTS AND EXISTING VIOLATIONS, which the BUYER WILL ASSUME, subject to the purchase contract and applicable law. Buyer to verify all zoning, permitted uses, violations, and necessary approvals. Bring your contractor and your vision-THIS IS AN OPPORTUNITY TO REIMAGINE AND UNLOCK THE PROPERTY'S FULL POTENTIAL!

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Listed by Gian Pena of RICHARD PETERS REALTY LLC (352-448-9712)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 14, 2026 7:32 PM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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