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Single Family Residence
$325,000$321 / sqft
1885 NW 113th Ter, Miami FL 33167
Listed
3
Bedrooms
2
Bathrooms
1,014 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
Opportunity awaits in Miami’s Westview area. This single-story home currently offers approximately 1,400 square feet of usable space, including three bedrooms, two bathrooms, and an additional room that could serve as a home office, den, or fourth bedroom. The property needs repairs and updating, offering excellent potential for a buyer ready to renovate and add value. Additional features include a fenced 5,300-square-foot lot, driveway parking, a roof installed in 2020, and no HOA. Conveniently located near major highways, shopping, dining, schools, and public transportation. Motivated seller—reasonable offers will be considered. Offered as-is; cash or conventional financing considered. Public records reflect 1,014 square feet of living area. Buyers and their agents should independently verify square footage, room use, additions, permits, measurements, financing eligibility, and all property information.
Features
- First Floor Entry
- No Additional Rooms
- Lighting
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,643
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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–$5,100.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.