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7240 SW 162nd Ct, Miami FL 33193
About this home
Beautifully updated corner home in the prestigious Lago Mar community, where almost everything has been redone. The property features engineered hardwood flooring upstairs porcelain tile downstairs, along with an updated kitchen equipped with stainless-steel appliances, & quartz countertops. All bathrooms have been tastefully remodeled. Additional improvements include a new A/C system installed in 2024, LED lighting, upgraded baseboards and crown moldings, replacement of most interior doors, a renovated patio, accordion hurricane shutters, and impact-resistant French doors. Located in an excellent area within a top-rated, sought-after school district (including highly sought after Ferguson High School (a public magnet school). This home offers convenience, comfort, and exceptional value. The low monthly HOA fee of only $150 includes access to the community pool, front-yard landscaping, exterior painting, and fence maintenance and replacement
Features
- First Floor Entry
- Closet Cabinetry
- Pantry
- Other
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,908
- HOA
- $150 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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Request a private or video tour with a local agent.
Run the numbers
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Enter rent, 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. 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.