Skip to content
All listings
Single Family Residence at 1615 NE 196th St, Miami FL 33179Active
1 / 27

Photo 1 of 27

Waterfront · Single Family Residence
$2,495,000$737 / sqft

1615 NE 196th St, Miami FL 33179

5
Bedrooms
5
Bathrooms
3,385 sqft
Interior
2001
Year built
$1,301 / mo
HOA
Single Family Residence
Type

About this home

Located in the prestigious Presidential Estates, this stunning 5-bedroom, 4.5-bath residence has been completely renovated with the finest finishes and impeccable attention to detail. The home features a spectacular Miacucina gourmet kitchen, thoughtfully designed for both everyday living and elegant entertaining. Italian design elements elevate the interior, including custom closets, spa-inspired bathrooms, and sleek interior doors that create a cohesive, modern aesthetic throughout. Step outside to your private resort-style oasis. Enjoy a heated pool with a cascading waterfall and wet deck, perfect for relaxing or entertaining. The outdoor space is fully equipped with a built-in barbecue, refrigerator, and wet bar, making it ideal for gatherings year-round. A custom-built sound system seamlessly integrates throughout the interior and extends to the patio and pool area, delivering a premium audio experience inside and out. This exceptional property blends luxury, comfort, and sophisticated design in one of the area’s most desirable communities. Master Bedroom in ground floor.

Features

  • First Floor Entry
  • Cooking Island
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Utility Room/Laundry
  • Barbeque
  • Built-In Grill
  • Lighting
  • Garden
  • Lake

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$13,917

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$12,616
HOA
$1,301 / 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.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
NBG REALTY LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 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.