1110 NW 41st St, Miami, FL 33127

Exceptional Value in Miami! Spacious 5-Bedroom Home with Income Potential!

Discover an incredible opportunity to own this expansive 5-bedroom, 4-bathroom single-family residence located at 1110 NW 41st St in the vibrant and evolving 33127 zip code of Miami, FL. Built in 1963, this generous 3,076 sqft home on a 5,450 sqft lot offers an unparalleled combination of space, an attractive price point, and significant potential for various living arrangements, including multi-generational living or rental income.

This property stands out in the current Miami market for its sheer size and number of bathrooms at this price. It features central cooling and heating, and with its solid construction, it presents an ideal canvas for modernization and personalization to truly unlock its full potential. The cul-de-sac location adds a touch of privacy.

Property Highlights:

• 5 Bedrooms / 4 Bathrooms: A rare find in this price range, offering abundant space and flexibility. This configuration is highly sought after and can accommodate large families or provide opportunities for separate living quarters.
• 3,076 sqft: Exceptionally spacious interior, providing multiple living areas and ample room for everyone.
• Built in 1963: A well-established home with a robust structure, ready for your creative vision and modern updates.
• Estimated Refinance Payment: $3,033/mo: An attractive estimated payment for a home of this size and bedroom count in Miami.
• Priced at $449,000: This is an outstanding value proposition for a 5-bedroom, 4-bathroom single-family home in Miami, especially when compared to the median prices in the area.

Miami (33127) Market Insights (as of May 2025 data):

The Miami housing market, and specifically the 33127 zip code, is currently characterized as a Buyer’s Market, indicating more supply than demand. This provides a favorable environment for buyers with increased negotiation power.

• Median Sold Price (33127 Overall): The median sold price for all homes in 33127 was $595,000 in May 2025, significantly higher than this property’s asking price.
• Median Sold Price (5-Bedroom Homes in Miami): The median sold price for 5-bedroom homes across Miami was $1.1 million in May 2025, up 7.2% year-over-year. This property’s price of $449,000 is less than half of the median for 5-bedroom homes in Miami, showcasing tremendous value and strong upside potential. Even within the 33127 zip code, 5-bedroom, 4-bathroom single-family residences have an average asking price of over $2 million, with the lowest priced 5-bed, 4-bath S.F.R. starting around $265,000 (for a much smaller square footage). This property represents an incredible deal.
• Days on Market: Homes in 33127 sold after an average of 68 days on the market in May 2025. While this is slightly up from last year, it suggests that buyers have ample time to evaluate.
• Negotiation Leverage: Homes in 33127 sold for an average of 2.26% below asking price in May 2025, with about 80% of homes in Miami overall selling below asking price. This indicates that buyers have significant negotiation leverage.
• Inventory: The 33127 zip code had 391 homes for sale in May 2025, with inventory increasing for 5-bedroom homes, offering more choices.

Location & Potential:

Located in a desirable part of Miami, 1110 NW 41st St offers convenient access to major roadways, public transportation, and is close to developing areas and amenities. Its large size and multiple bathrooms could make it an attractive option for:

• Large Families: Providing ample personal space for everyone.
• Multi-Generational Living: Potential for in-law suites or separate living areas.
• House Hacking: Live in one part and rent out another (subject to local zoning and regulations) to offset mortgage costs.
• Investors: High demand for spacious homes in Miami, offering strong rental yield potential or long-term appreciation.

This property is an extraordinary find, offering an unparalleled opportunity for substantial space and an impressive number of bathrooms at a highly competitive price point in the dynamic Miami market. It’s truly a property with immense potential to become a dream home or a lucrative investment.

Do not miss out on this unique chance! Contact us today to schedule a private showing and explore the possibilities of making this remarkable Miami home yours!