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Home
Single Family Residence
1161 NE 86th St, Miami FL 33138 | Miami-Dade County | A12029835

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

1161 NE 86th St, Miami FL 33138

Active Residential Active

$2,650,000

22 More

Type
Single Family Residence

3
Bedrooms

2.5
Bathrooms

2
Garages

1903 Sq Ft
Area Size

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Active Residential Active

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

1161 NE 86th St, Miami FL 33138

$2,650,000

Description

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 Overview

This is a 3-bedroom, 2.5-bath home of about 1903 square feet at 1161 NE 86th St, Miami FL 33138 (Miami 33138), listed at $2,650,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $4,091 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $53,000/yr (≈ $4,417/mo); with the homestead exemption on a primary residence, about $52,000/yr (≈ $4,333/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $2,650,000. Fixtures, built-in appliances, and the in-ground private pool convey with the home, while community amenities are shared and separate from the property sale.

The MLS record does not state if the home is furnished; you must confirm which specific items convey. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details and request the list of on-site amenities.

Where exactly is it, and what should I know about the location?

The property is located at 1161 NE 86th St, Miami FL 33138, situated within the coastal corridor of Miami 33138. This location places the 3bd/2.5ba home, listed at $2,650,000, near the city's waterfront districts.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify specific location details.

What are the HOA / association fees, and what do they cover?

This is a single-family home with no mandatory HOA or association on record. The owner handles all utilities and property upkeep independently.

The property remains subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances . Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $4,091 (2025). As an ESTIMATE ONLY, because Florida reassesses at sale, the annual cost at this price and a Miami-Dade rate near 2.0% is about $53,000/yr (≈ $4,417/mo) without homestead, or about $52,000/yr (≈ $4,333/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

Is the home in a flood zone, and what does that mean?

Flood zones designate areas with varying levels of risk for flooding. You can find FEMA definitions here and View the FEMA flood map for this address to see the specific designation for 1161 NE 86th St. Lenders often require flood insurance in high-risk zones.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

Are pets allowed?

This is a single-family home. No condo or HOA board dictates a pet policy, so pets are at the owner's discretion and subject to city or county ordinances and any existing lease. Documented service animals and ESAs carry separate federal protections.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify details.

How is the price set and is there room to negotiate?

Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). The $2,650,000 price for 1161 NE 86th St is derived from a Comparative Market Analysis of the immediate vicinity.

I provide a Miami-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval before touring 1161 NE 86th St to ensure your budget aligns with the $2,650,000 listing price. Consult a Florida Licensed Mortgage Loan Officer to establish your buying power. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these requirements.