1161 NE 86th St, Miami FL 33138, MIAMI, FL, 33138
Active56 days on marketListed Jun 14, 2026MLS #A12037002
About this home
1161 NE 86th St, Miami FL 33138
The property is located on a beautifully established residential street in the exclusive Davis Harbor of Miami's Upper East Side. Situated on a wide, deep canal near the mouth of the bay, it boasts 75 feet of waterfront frontage and offers direct access to Biscayne Bay with no fixed bridges. The property features a newer seawall with updated erosion protection, jet filters, and a new dock completed in 2024. It currently has a single-family home and a pool. Buyers may choose to continue renovating the existing home and pool or build a custom waterfront estate from the ground up. The possibilities for customization and expansion are endless. This prime waterfront location provides convenient access to many of Miami's top destinations, including Downtown Miami, Aventura, and Miami International Airport, all within 20 minutes, and the Design District and Wynwood, which are less than 10 minutes away.
Facts & features
The home at a glance
0.1791 ac
Lot size
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.
$16,357 /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
$16,357/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.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 733% above the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 1161 NE 86th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$1,800,000
1120 NE 86th St, Miami FL 33138 · same community
4 bd · 4 ba · 1,994 sqft · $903/sqft · 57 DOM
Sold · Apr ’26$2,100,000
1051 NE 86th St, Miami FL 33138 · same community
3 bd · 3.5 ba · 2,043 sqft · $1,028/sqft · 13 DOM
Sold · Apr ’26$1,300,000
1164 NE 86th St, Miami FL 33138 · same community
4 bd · 3 ba · 2,176 sqft · $597/sqft · 199 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 1161 NE 86th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1161 NE 86th 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
1161 NE 86th St FAQs
What would the monthly payment be for 1161 NE 86th St, Miami FL 33138?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,357/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 1161 NE 86th St, Miami FL 33138?+
The most recent tax bill on record (2025) was $3,928. 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 Miami?+
At $2,750,000, this home is listed about 351% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1161 NE 86th St, Miami FL 33138?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), 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
$2,750,000 runs 733% above the MIAMI 33138 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $2,890,000, now $2,750,000 — a $140K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Realty Hub · Mina Kuhn LLC. MLS #A12037002.
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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