Priced at $454/sqft, this listing is 17.3% below the comparable average of $549/sqft. It is also 8.7% below the median sold price of $640,000 for similar nearby homes.
About This Property
Location, Location, Location! Prime opportunity with strong potential! 3-bedroom, 1-bath single-family home located in a rapidly growing Miami neighborhood just minutes from Coral Gables, Downtown, Calle Ocho, and Miami International Airport. Features include classic terrazzo floors, an updated kitchen, and a partially renovated bathroom. The property offers excellent potential to customize, expand, or add a pool. Solid concrete construction, central A/C, and no HOA. Ideal for first-time buyers or investors looking to add value in a high-demand area. Property sold As-Is.
Listed 13.7% below estimated market value — $92,532 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
261 NW 46th Ave, Miami FL 33126
SUBURBAN VILLAS · 1951
$640,000
Aug 6, 2025
$659,900
$458/sf
3
2
1,397
-3%
4774 SW 6th St, Miami FL 33134
BOWMAN HEIGHTS · 1938
$650,000
Mar 20, 2025
$638,000
$626/sf
3
1
1,038
+1.9%
261 NW 46th Ave, Miami FL 33126
SUBURBAN VILLAS · 1951
$450,000
Nov 1, 2024
$450,000
$322/sf
2
1
1,397
+0%
561 SW 48th Ave, Miami FL 33134
BOWMAN HEIGHTS · 1957
$630,000
Oct 28, 2024
$630,000
$419/sf
3
3
1,504
+0%
1025 Mariana Ave, Coral Gables FL 33134
GRANADA PLACE AMD PL · 1926
$1,215,000
Jun 14, 2024
$1,249,000
$918/sf
2
1
1,323
-2.7%
5715 SW 2 TER, Miami FL 33144
County records · 1985
$600,000
Apr 3, 2025
—
$426/sf
3
2
1,410
—
211 NW 56 AVE, Miami FL 33126
County records · 1949
$315,600
Dec 9, 2024
—
$293/sf
2
1
1,076
—
3983 SW 2 ST, Miami FL 33134
County records · 1975
$573,000
Oct 22, 2024
—
$376/sf
3
2
1,522
—
$640,000
Median Sale
$717,000
Trimmed Avg
$548/sf
Avg $/sqft
5 sales
Comps Found
Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.