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Townhouse
$390,000$233 / sqft
11233 SW 231st Ln, Miami FL 33170
Listed
3
Bedrooms
3
Bathrooms
1,672 sqft
Interior
2006
Year built
$74 / mo
HOA
Townhouse
Type
About this home
Seller motivated to sell by year-end! 2-story, 3-bedroom, 2.5-bath, 1-car garage townhome in the desirable Silver Palms Homes community. With tile flooring throughout, this home offers a bright, functional layout with a spacious living room and a separate family room, perfect for everyday living and entertaining. The kitchen features crisp white cabinetry, while the dining area opens directly to the patio for easy indoor-outdoor living. Upstairs, the bedrooms feature private balconies that bring in plenty of natural light. The primary suite offers two closets for added storage. An oversized one-car garage adds convenience and space and includes hurricane panels. Ideally located near major highways, shopping, dining, schools, and everyday conveniences. Comfortable, low-maintenance living in a great community, ready for its next owner!
Features
- Built-in Features
- Entrance Foyer
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Utility Room/Laundry
- Other
- Open Balcony
- None
Leasing
- Minimum lease
- 365 days
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 $2,650–$3,300.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.