700 NE 118th St, Biscayne Park FL 33161, BISCAYNE PARK, FL, 33161
Active261 days on marketListed Nov 20, 2025MLS #A11914430
About this home
700 NE 118th St, Biscayne Park FL 33161
Your Canvas Awaits in Biscayne Park’s Most Coveted Corner. Wake up in a home that tells your story—not someone else’s. In Biscayne Park, savvy buyers aren’t just purchasing homes—they’re seizing rare opportunities. This corner lot spans 8,000+ sq ft and sits among $3M+ estates, offering you something even more valuable: freedom to design without compromise. Enjoy enhanced privacy, more yard space, and the architectural potential only a premier corner lot can offer. The stage is set—now it’s your move.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,800
Sqft
1960
Year built
$472
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.
$5,334 /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
$5,334/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
−16%
$/sqft vs Biscayne Park actives
$472 vs $837
Days on market
261 vs 86 typical
Where $472/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 554% 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 700 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 · May ’26$835,000
707 NE 113th Street, Biscayne Park FL 33161 · same community
3 bd · 2 ba · 1,841 sqft · $454/sqft · 23 DOM
Sold · Nov ’25$660,000
850 NE 118th Street, Biscayne Park FL 33161 · same community
3 bd · 1 ba · 1,515 sqft · $436/sqft · 7 DOM
Sold · Jun ’26$1,245,000
11932 NE 8th Avenue, Biscayne Park FL 33161 · same community
3 bd · 2 ba · 2,242 sqft · $555/sqft · 8 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 700 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 700 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
700 NE 118th St FAQs
What would the monthly payment be for 700 NE 118th St, Biscayne Park FL 33161?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,334/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 700 NE 118th St, Biscayne Park FL 33161?+
The most recent tax bill on record (2024) was $3,229. 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 $850,000, this home is listed about 43% 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 700 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
Four things that matter here
01Positioned at the premium end
$850,000 runs 554% above the BISCAYNE PARK 33161 median.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
261 days on market against a Biscayne Park median of 86 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $985,000, now $850,000 — a $135K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Keller Williams Realty SW · Alberto Vasquez. MLS #A11914430.
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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