519 NE 118th St, Biscayne Park FL 33161, BISCAYNE PARK, FL, 33161
Active284 days on marketListed Oct 28, 2025MLS #A11903022
About this home
519 NE 118th St, Biscayne Park FL 33161
Great opportunity in the highly sought-after Biscayne Park neighborhood. This property offers a 6,000 sqft lot in one of the most charming and fast-growing residential areas in Miami. Biscayne Park is becoming increasingly exclusive, with many new homes being built throughout the community. Ideal for those looking to build the home of their dreams in a beautiful, quiet, and family-friendly neighborhood surrounded by lush greenery and mature trees. Enjoy the privacy, space, and neighborhood feel while still being close to Miami’s best dining, shopping, and beaches.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
981
Sqft
1
Garage
1925
Year built
$713
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,139 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,139/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+19.9%
$/sqft vs Biscayne Park actives
$713 vs $837
Days on market
284 vs 86 typical
Where $713/sqft sits among the 20 Biscayne Park actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Biscayne Park
Get to know Biscayne Park. See the full Biscayne Park guide →
BISCAYNE PARK 33161 — neighborhood snapshot
Population
54,128
Median age
37.5
Median income
$55,265
Median home value
$376,500
Avg household
2.95
Households w/ children
6,165
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Biscayne Park market
$1.1M → $1.5M
Biscayne Park median sold, yr/yr
94.8%
Sale-to-list ratio (12 mo)
1 of 20
Biscayne Park actives have cut their price
This home is listed 438% above the BISCAYNE PARK 33161 median. See the full Biscayne Park market guide →
Paper trail
This home's history
Reality check
What actually sold near 519 NE 118th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$490,000
12125 NE 5th Ave, North Miami FL 33161 · same community
3 bd · 2 ba · 1,109 sqft · $442/sqft · 127 DOM
Sold · Oct ’25$1,100,000
11610 NE 6th Ave, Biscayne Park FL 33161 · same community
4 bd · 4.5 ba · 16 DOM
Sold · Feb ’26$1,300,000
521 NE 119th St, Biscayne Park FL 33161 · same community
3 bd · 2 ba · 2,197 sqft · $592/sqft · 55 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 519 NE 118th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 519 NE 118th St — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
519 NE 118th St FAQs
What would the monthly payment be for 519 NE 118th St, Biscayne Park FL 33161?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,139/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 519 NE 118th St, Biscayne Park FL 33161?+
The most recent tax bill on record (2024) was $11,337. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Biscayne Park?+
At $699,000, this home is listed about 53% below the Biscayne Park median of $1,490,000. The market section on this page shows how the area is trending.
Which schools are assigned to 519 NE 118th St, Biscayne Park FL 33161?+
Gratigny Elementary School (elementary), North Miami Senior High School (high), North Miami Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$699,000 runs 438% above the BISCAYNE PARK 33161 median.
02None views
The none view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
284 days on market against a Biscayne Park median of 86 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of BM2 Realty · Joaquin Gonzalez. MLS #A11903022.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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