1161 NE 86th St

Single Family Home

1161 NE 86th St

$2,650,000

1161 NE 86th St, Miami, FL, 33138

1161 NE 86th St photo 1
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LIST PRICE$2,650,000Price Reduced: -$240K
BEDROOMS3
BATHROOMS2.5
HOUSE sq ft1,903
LOT sq ft7,800

Take a closer look

HOA: request current costs · Last reported tax: $4,091/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$15,756/mo

Principal & interest$14,090
Property taxfrom listing$341
Homeowners insuranceestimate$1,325

$530,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

Motivated Seller! Priced to sell. Exceptional waterfront opportunity on one of the most beautiful Palm tree-lined streets in the exclusive Davis Harbor in desirable Miami's Upper East Side. This prime property offers 75 feet of water frontage on a wide, deep canal just moments from the open bay, with direct ocean access and no fixed bridges—a dream setting for boating enthusiasts. Major waterfront improvements have already been completed, including a newer seawall with upgraded erosion protection, jet filters, and a brand-new dock (2024), providing tremendous long-term value. The home is being sold AS IS. The house already have high impact proof windows and doors including garage doors, instant hot water heater, new roof (2024) and EV charger (2023). House was settled but approximately 70% of the foundation has already been secured, allowing the next owner to continue the renovation or take advantage of this incredible lot to design and build a spectacular custom waterfront estate. Whether you envision restoring the existing residence or creating your dream home from the ground up, the possibilities are exceptional. Ideally located less than 20 minutes from Downtown Miami, Aventura, and Miami International Airport, and only 10 minutes from the Design District and Wynwood, this rare waterfront property combines an outstanding location, premium boating access, and unlimited potential.

Property Details

$2,650,000Price Reduced: -$240K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1950
Status
Active
MLS #
A12029835
Living Area
1,903 sq ft
$/Sq Ft (Living)
$1,393
Lot Size
7,800 sq ft
$/Sq Ft (Lot)
$340
Annual Taxes
$4,091
Days on Market
138

Notable Features

WaterfrontScenic Views

Location Scores

Location

1161 NE 86th St, Miami, FL, 33138