$2,590,000
1161 NE 86th St, Miami FL 33138
151 days on marketPrice reduced $60,000 on Oct 30, 2026
- Bedrooms
- 3
- Bathrooms
- 2.5
- Living area
- 1,903 sqft
- Price per sqft
- $1,361
- Type
- Single Family Residence
- Year built
- 1950
- Taxes
- $4,091/yr
- Waterfront
- Yes
- MLS #
- A12029835
About this home
Motivated Seller! Priced improvement. 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.
Estimated subtotal
$341/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $341
- HOANot in the MLS record
- Not included
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33138
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of Realty Hub
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.