Tour
#A11667430, Maria Alfonzo, Listing office: Compass Florida, LLC.
Property details
About 531 NE 71st St
Fausto is proud to present 531 NE 71 ST, a highly sought-after income-producing duplex sitting on a 7,250 sq. ft. T3-L zoned lot in Little River. This property features a 3-bedroom, 1-bath, a 2 bedroom that is operating uniquely in a co-living structure to function as two 1-bedroom, 1- bath units, thus functioning and generating solid income like a three unit. The neighborhood is also conveniently located minutes away from Wynwood, Miami Beach - providing residents with easy access to some of the city's finest dining, shopping, and Downtown. Accessibility is great for commuters looking for access to the I-95. Recent years have seen significant growth, both in terms of population and development.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air, Other
Size2,914 sqft
Year built1945
MLS #A11814329
Virtual tour
Summary
- Flooring Type: Tile
- Heating: Central
- Cooling: Central Air, Other
- List Price: $1,100,000
- Price/SqFt: $377
- Annual Tax Amount: $12,173
- Tax Year: 2023
- Year Built: 1945
- Stories: 1
- Living Area: 2,914 SqFt
- MLS Number: A11814329
- MLS Name: SEFMIAMI
- Office Name: Fausto Commercial Realty Consultants Inc
- Office Phone: (786) 748-7373
- Office Email: cfm@faustocommercial.com
- Listing Agent: Mauricio Villasuso
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 11:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $683,420 | $12,173 |
| 2022 | $574,176 | $11,675 |
| 2021 | $478,429 | $12,596 |
| 2020 | $395,821 | $10,312 |
| 2018 | $379,142 | $8,701 |
| 2017 | $365,748 | $8,356 |
History based on county public records data.
Nearby schools
7
Morningside K-8 Academy
Public Magnet PK-5
0.3 mi
•6620 NE 5th Ave
5
Toussaint L'Ouverture Elementary School
Public District PK-5
0.9 mi
•120 NE 59th St
9
Phyllis R. Miller Elementary School
Public Magnet PK-5
1.0 mi
•840 NE 87th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,944. Most Miami, FL residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
37%
35k-100k
11%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
62%
Single, No Kids
15%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 NE 71st St
The listing price of 531 NE 71st St property is $1,100,000.
The property 531 NE 71st St is a multi located in Miami, Florida, 33138.
Active Listing: 531 NE 71st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 NE 71st St are: Morningside K-8 Academy (GreatSchools Rating 7/10), Toussaint L'Ouverture Elementary School (GreatSchools Rating 5/10), Phyllis R. Miller Elementary School (GreatSchools Rating 9/10), Horace Mann Middle School (GreatSchools Rating 4/10), Georgia Jones-Ayers Middle School (GreatSchools Rating 3/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Itech@Thomas a Edison Educational Center (GreatSchools Rating 8/10), Miami Edison Senior High School (GreatSchools Rating 5/10), Dr. Marvin Dunn Academy for Community Education. (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $12,173 (source: MLS/based on county public records data).
The property 531 NE 71st St is 2,914 SqFt (source: MLS/tax record).
The year of construction for 531 NE 71st St is 1945.
This home is located at 531 NE 71st St in Miami, FL and zip code 33138 in the Federal Way neighborhood. This 2,914 square foot home was built in 1945. Features: 0 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $1,100,000.
In June 2025, from all listings sold in Miami, FL there were more than 48 sold above asking price, over 570 sold below and more than 103 were sold right at the asked price. Between May and June 2025, Miami, FL real estate market has seen increase in the number of listings by 7.1%. In June 2025, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $589,216.
From Rocket Homes Real Estate and based on county public records data.