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638 SW 15th Ave, Miami, FL, 33135

4beds
2baths
1,381sqft
$1,065,000
$771price/sqft
$7,891/moest. monthly cost
$315,640/yrincome needed

About This Home

Excellent Location, Walking Distance from Ball & Chain and Little Havana's Calle Ocho has to offer. This property is the definition of a Covered Land Play. It is zoned T5-O which allows for countless redevelopment opportunities. Property also sits within a TOD site within a half mile of SW 7th Street. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is larger than tax roll and currently a Duplex with two long term tenants paying a total of $4050 on a monthly basis with plenty of room to increase to market rents. Please do not bother the tenants. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.

Getting Around

94
WalkingWalker's Paradise
52
TransitGood Transit
60
BikeBikeable

Schools

Construction

Condition

  • Year built: 1923

Materials

  • Roof: Wood Shingle Roof
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Flooring: Concrete

Heating & Cooling

  • Heating features: Heat Pump/Reverse Cycle
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,405
  • Total interior livable area: 1,381 sqft

Property

Details

  • Parcel number: 0141020066030
  • Zoning: 6101

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,385$64,620
Home Insurance *$274$3,288
Property Taxes $2,035$24,420
Electricity $197$2,366
Total$7,891$94,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$270,548/yr
40% on housing$236,730/yr
45% on housing$210,426/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$771This listing

vs Other Active Listings

Avg $/sqft

ZIP 33135$459
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33135$409
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Listed for sale$1,150,000
2023-10-27Listing removed--
2023-10-04Price change$2,700
2023-09-19Listed for rent$2,950
2023-09-08Listing removed--
2023-08-25Price change$2,950
2023-08-18Listed for rent$3,100
2022-03-03Listing removed--
2022-01-31Listed for rent$2,800
2021-08-27Listing removed--
2021-07-17Listed for rent$2,350
2021-06-08Sold$425,000
2021-05-05Pending sale$425,000
2021-04-20Listed for sale$425,000

For Sale by Agent

AgentMikel Urbistondo
BrokerageVeissi & Associates, Inc.

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