What is the asking price and what does it include?

The list price for 1161 NE 86th St, Miami FL 33138 is $2,890,000. The property is a Single Family Residence with 3 bedrooms, 2.5 bathrooms, approximately 1903 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 1161 NE 86th St, Miami FL 33138 in Miami, 33138. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 2,890,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 1161 NE 86th St, Miami FL 33138.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

1161 NE 86th St, Miami FL 33138 | Miami-Dade County

Residential Active

1161 NE 86th St, Miami FL 33138 | Miami-Dade County | A12029835

$2,890,000

Description

Property is on a beautifully established residential street in the exclusive Davis Harbor in Upper East Side. Is’t on a wide and deep canal close to the mouth of the bay boasts 75′ water frontage. Direct access to open bay with no fixed bridges. Newer seawall with new erosion protection, jet filters and a new dock in 2024. This listing is for the land value only. The house had foundation issue, but seller secured the house with pilings with a warranty. All flat roofs were replaced in 2025. Buyer can take over the renovation of this beautiful modern floor plan or build a custom house from the scratch. The possibility for customization and expansion are endless. This prime waterfront is also ideally located gives you less than 20 minutes to Downtown Miami, Aventura, Miami International Airport, 10 minutes to Design District and Wynwood.

Address

Open on Google Maps

Address: 86th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33138
Area: DAVIS HARBOR

Details

Updated on June 3, 2026 at 5:27 pm

Property ID A12029835
Price $2,890,000
Property Size 1903 Square Feet
Bedrooms 3
Bathrooms 2.5
Garages 2
Year Built 1950
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, One Story
BathroomsFull 2
BathroomsHalf 1
BuildingAreaTotal 2665
BuildingAreaUnits Square Feet
BuildingName DAVIS HARBOR
CommunityFeatures Boating, Paved Road, Public Road, Sidewalks, Street Lights, Underground Utilities
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-06-02
Cooling Ceiling Fan(s), Central Air, Electric
CoveredSpaces 2
DaysOnMarket 1
DirectionFaces South
Directions From Biscayne BLVD, turn east onto NE 96th St. turn south on to NE 10th Avenue, then turn east onto NE 86th St.
DoorFeatures High Impact Doors, French Doors
Electric Circuit Breakers
ExpirationDate 2026-11-25
FrontageLength 75
Heating Central, Electric
HighSchool Miami Edison
Inclusions Dock Available, Private Dock
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Laundry Tub, Utility Room/Laundry
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-781-3110
ListingTerms All Cash, Conventional, Owner Will Carry
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 7800
MLSAreaMajor Davis Harbor
MajorChangeTimestamp June 3, 2026 at 12:25am
MajorChangeType New
MiddleOrJuniorSchool Horace Mann
MlsStatus Active
ModificationTimestamp June 3, 2026 at 09:42pm
OnMarketDate 2026-06-02
OriginalEntryTimestamp June 3, 2026 at 12:25am
OriginalListPrice 2890000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Automatic Garage Door Opener
OtherExpense 0
ParcelNumber 01-32-08-005-0250
ParkingFeatures Additional Spaces Available, Driveway
PhotosCount 0
PoolFeatures In Ground
Possession Funding
PostalCode 33138
PostalCodePlus4 3433
PriceChangeTimestamp June 2, 2026 at 09:13pm
PublicSurveyRange 32
PublicSurveySection 8
PublicSurveyTownship 32
Roof Barrel Roof, Composition Roll
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions 24 Hour Notice, Showing Assist
SourceSystemKey 503341828
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 12:25am
StreetDirPrefix NE
StreetName 86th St
StreetNumber 1161
StreetNumberNumeric 1161
StructureType House
SyndicationRemarks Property is on a beautifully established residential street in the exclusive Davis Harbor in Upper East Side. Is't on a wide and deep canal close to the mouth of the bay boasts 75' water frontage. Direct access to open bay with no fixed bridges. Newer seawall with new erosion protection, jet filters and a new dock in 2024. This listing is for the land value only. The house had foundation issue, but seller secured the house with pilings with a warranty. All flat roofs were replaced in 2025. Buyer can take over the renovation of this beautiful modern floor plan or build a custom house from the scratch. The possibility for customization and expansion are endless. This prime waterfront is also ideally located gives you less than 20 minutes to Downtown Miami, Aventura, Miami International Airport, 10 minutes to Design District and Wynwood.
TaxAnnualAmount 4091
TaxLegalDescription DAVIS HARBOR RESUB PB 47-66 LOT 5 BLK 9 LOT SIZE 75.000 X 104 OR 19246-0686 0800 1
TaxYear 2025
View Canal
WaterSource Municipal Water
WaterfrontFeatures Ocean Access, Canal Front, Canal Width 1-80 Feet
YearBuiltDetails Effective Year Built
Zoning 0100