$1,875,000

8440 NE 1st Ave Miami, FL 33138

$10,000
Closing credit¹
2,625 sqft
$714 / sqft
Multi-Family

Property details

About 8440 NE 1st Ave

INCREDIBLE WATERFRONT OASIS, 5-UNIT Building on MASSIVE 20,662 SF LOT in the Heart of Little River District, Just 1 Block to the Citadel! High Density Mixed-Use "T5-O" Zoning, Incredibly Valuable Land (Abuts T6-8 Neighbor!). STUNNING GROUNDS, Central Banyan Tree, Mature Fruit, Fully Fenced, Waterfront Dock—Fish, Launch a Kayak, Etc! TURNKEY PROPERTY. Updated Plumbing+Electric, ALL IMPACT GLASS, Newer Roof, Freshly Painted, CUSTOM WOODWORK, Beautiful Terrazzo Floors, Countless Lovely Details! Dedicated Laundry at Rear. QUALIFIED OPPORTUNITY ZONE: *Huge Capital Gains Tax Savings. Quiet CUL-DE-SAC w/ TONS OF PARKING. INCREDIBLY WALKABLE LOCATION: Michelin* Dining, Shops, Yoga, Karate, Art, Community Events. 8 Mins to Miami Design, 10 to Wynwood, 10 to MIA, 12 to South Beach.

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
CoolingOther
Size2,625 sqft
Year built1949
MLS #A11788001
WaterfrontCanal

Virtual tour

Summary

  • Flooring Type: Terrazzo
  • Waterfront: Canal
  • Architectural Style: Fourplex
  • Heating: Other
  • Cooling: Other
  • List Price: $1,875,000
  • Price/SqFt: $714
  • Annual Tax Amount: $30,162
  • Tax Year: 2023
  • Year Built: 1949
  • Stories: 1
  • Living Area: 2,625 SqFt
  • MLS Number: A11788001
  • MLS Name: SEFMIAMI
  • Office Name: Keller Williams Eagle Realty
  • Office Phone: (786) 485-0888
  • Office Email: david@davidinmiami.com
  • Listing Agent: John Salt

IDX © 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: 6/2/2025, 1:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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8440 NE 1st Ave, Miami, FL 33138 - birds eye view of property featuring a residential view and a water view

$1,875,000

8440 NE 1st Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,467,319$30,162
2022$953,633$13,737
2021$723,279$13,737
2020$725,814$15,373
2018$363,000$11,912
2017$372,862$11,323

History based on county public records data.

Nearby schools

4

Jesse J. McCrary, Jr. Elementary School

Public District PK-5

0.8 mi

514 NW 77th St

9

Phyllis R. Miller Elementary School

Public Magnet PK-5

1.0 mi

840 NE 87th St

7

Arcola Lake Elementary School

Public District PK-5

1.2 mi

1037 NW 81st St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $18,201. Typical income of Miami, FL residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

76%
<35k
21%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 8440 NE 1st Ave in Miami, FL and zip code 33138 in the Buena Vista neighborhood. This 2,625 square foot home was built in 1949. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $1,875,000.

In May 2025 more than 53 listings in Miami, FL were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 602 were sold below. In May 2025 in Miami, FL there were 8.2% more homes for sale than in April. In May 2025 median list price was $585,197 and the average listing age was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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