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2
Bedrooms
2
Bathrooms
1,020 sqft
Interior
1990
Year built
$287 / mo
HOA
Condominium
Type
About this home
Discover this charming 2-bedroom, 2-bathroom corner residence in Lago Del Rey, a gated community conveniently located in Miami Lakes. One of only a handful of units offering this desirable corner setting, the home is surrounded by mature trees and features additional outdoor space with potential for a private garden. Inside, both bathrooms feature elegant marble countertops. Enjoy the benefits of a low HOA and a peaceful residential setting without sacrificing convenience. Ideally situated near Miami Lakes Main Street, with its boutique shops, restaurants, and entertainment, as well as Westland Mall, Amelia Earhart Park, and everyday shopping essentials. Easy access to the Palmetto Expressway (SR 826) and I-75 makes commuting throughout South Florida a breeze. A wonderful opportunity to enjoy privacy, greenery, and convenience in one inviting home! (some photos have been virtually staged/edited)
Features
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- None
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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.
Location
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.