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Single Family Residence
$1,050,000$494 / sqft
7940 NW 159th Ter, Miami Lakes FL 33016
Listed
3
Bedrooms
2
Bathrooms
2,124 sqft
Interior
2000
Year built
$270 / mo
HOA
Single Family Residence
Type
About this home
Welcome to this beautiful and rarely available single-story residence in the desirable Silvercrest North community of Miami Lakes. Showcasing timeless Mediterranean-inspired architecture, exceptional curb appeal, and inviting indoor-outdoor living. From the moment you arrive, the home welcomes you with a charming terracotta-style tile roof, warm neutral exterior, elegant arched entryway, and lush tropical landscaping. Inside, high ceilings, graceful architectural arches and neutral tile flooring, create a bright open feel that flows beautifully throughout the main living areas. The spacious kitchen is designed for both everyday living and entertaining. Featuring rich cherrywood cabinetry, granite countertops, a center island, recessed lighting, elegant crown molding, and abundant cabinet and counter space. Whether preparing family meals or hosting friends, this inviting space offers both functionality and timeless style. Step outside to enjoy the patio and covered lanai, where tropical landscaping creates a relaxing backdrop for outdoor dining, entertaining, or simply unwinding in the South Florida sunshine. Located in Miami Lakes, a community known for its established residential neighborhoods, parks, shopping, dining, and convenient access to major roadways. Don’t miss this opportunity to own a rarely available one-story Mediterranean-inspired home in Silvercrest North. Schedule your private showing and discover the possibilities of making this special property your own.
Features
- First Floor Entry
- Bar
- Built-in Features
- Pantry
- Vaulted Ceiling(s)
- Family Room
- Utility Room/Laundry
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.