Welcome to this three-bedroom, two-bathroom home in North Miami Beach. This property presents an exceptional opportunity for investors or homeowners. The home comprises a three-bedroom, two-bathroom main house and a one-bedroom unit on the left side of the main house, currently generating $900 per month in monthly rent from a tenant. The property requires renovations,roof needs to replace soon, but it holds significant potential for improvement. Its convenient location is just minutes from parks, shopping, the beach, I-95 and Turnpike. The property is available for sale as is condition. Cash only.
The Keyes Company
Features & Details
Learn about the features and details of 831 NE 157th Ter
Property Details
Property Type
SingleFamilyResidence
Living Area
1,194 sqft
Year Built
1954
Lot Size
6,435 sqft
Stories
-
Annual Tax
$6,812.00
List Date
5/30/2025
Updated
7/31/2025
Last Checked
Recent
MLS Number
#A11812838
Brokerage
The Keyes Company
Postal Code
33162
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Tenant
List Price
$440,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air, Wall Window Units
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Electric range, Electric water heater, Microwave, Refrigerator
Inside
Bedrooms & Baths
3 Bed, 2 Bath
Bedrooms
3
Full Bathrooms
2
Ensuite
Yes
Bathrooms
2
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 831 157th Ter
$0
20.0%
$440,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$2,109
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Cash Flow Analysis
Mortgage Payment:
$2,109.35
Monthly Payment:
$2,677.02
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
Similar listings
Shop homes for sale similar to 831 NE 157th Ter, Miami-Dade
Discover this beautiful singlefamilyresidence in the heart of Oak Grove, Miami. This well-appointed property offers 3 bedrooms, 2 bathrooms, 1,194 square feet of living space situated on a 6,435 square foot lot. Originally built in 1954. Offered at $440,000.00 The property comes with Electric range, Electric water heater, Microwave, Refrigerator. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.