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Waterfront · Townhouse
$599,000$306 / sqft
16261 SW 101st Ter, Miami FL 33196
Listed
3
Bedrooms
3
Bathrooms
1,957 sqft
Interior
1999
Year built
$105 / mo
HOA
Townhouse
Type
About this home
Beautiful lakefront 3BR/2.5BA townhouse offering serene water views from nearly every room. The home features a formal living room, formal dining room, and a spacious family/den area, all filled with natural light. The eat-in kitchen overlooks the lake and opens to a well-maintained, landscaped backyard with paver patio—ideal for outdoor dining and relaxing. Upstairs, all bedrooms enjoy peaceful lake views, including the large primary suite with a generous walk-in closet and oversized ensuite bath featuring a Roman tub and separate shower. Tile floors throughout, interior laundry room, and a newer roof (June 2021) provide comfort and peace of mind. This move-in-ready home combines space, functionality, and a tranquil waterfront setting buyers will love.
Features
- First Floor Entry
- Chandelier To Be Replaced
- Roman Tub
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Other
- Lake
- Water View
Leasing
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 $2,600–$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.