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Single Family Residence
$629,000$529 / sqft
1500 NE 137th St, North Miami FL 33161
Listed
3
Bedrooms
2
Bathrooms
1,188 sqft
Interior
1960
Year built
None
HOA
Single Family Residence
Type
About this home
Single-story, 3-bedroom, 2-bathroom home offering approximately 1,600 SF of living area on a spacious 9,750 SF lot with mature mango trees and beautiful palms. Featuring a new roof installed in June 2025 and a freshly painted exterior in November 2025, this home is move-in ready and well maintained. Ideally located just west of Biscayne Blvd, minutes from Aventura Mall, Downtown Miami, and Miami International Airport. The large backyard is fully fenced and offers excellent space for outdoor living and entertaining. The property features a circular driveway with parking for multiple vehicles, additional curb parking, and rear alley access. Situated in a quiet and established neighborhood in the growing City of North Miami, offering convenient access to shopping, dining, major roads, and South Florida attractions. For showings, please contact the listing agent.
Features
- First Floor Entry
- Closet Cabinetry
- Attic
- Utility Room/Laundry
- Fruit Trees
- Room For Pool
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 $3,200–$5,000.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.