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Single Family Residence
$865,000$509 / sqft
3551 SW 97th Ave, Miami FL 33165
Listed
3
Bedrooms
2
Bathrooms
1,699 sqft
Interior
1959
Year built
None
HOA
Single Family Residence
Type
About this home
A rare opportunity in the heart of Westchester: a move-in-ready home on an expansive 13,100-square-foot RU-2 lot with exceptional long-term potential. This well-maintained 3-bedroom, 2-bath home combines major recent upgrades with the space and flexibility increasingly difficult to find in the neighborhood. The property features impact windows and doors, a new roof, AC system and completely redone ductwork from 2021, plus a 2022 water heater. A large den offers valuable space that can serve as a home office, guest room, gym or additional living area, and the home also includes a convenient indoor laundry room. The spacious Florida room, updated in 2022 with a beautiful tongue-and-groove ceiling, extends the living space and opens to an oversized backyard designed to be enjoyed. Mature fruit trees, a koi pond, storage shed and abundant outdoor space create a private setting with room to entertain, garden or simply enjoy one of the largest residential lots in the area. What truly sets this property apart is its versatility. Enjoy it today as a comfortable, move-in-ready Westchester home while also benefiting from the possibilities offered by the oversized RU-2 lot. The zoning may allow for a duplex on the existing property or the potential subdivision into two lots with additional residential development, subject to Miami-Dade County approval and applicable zoning requirements. Conveniently located near major highways, shopping, dining, schools and Miami International Airport.
Features
- First Floor Entry
- Other
- Garden
Location
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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.
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Depends on assessed value & exemptions
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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.