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Single Family Residence
$570,000$332 / sqft
1855 NW 32nd St, Miami FL 33142
Listed
2
Bedrooms
1
Bathrooms
1,716 sqft
Interior
1941
Year built
None
HOA
Single Family Residence
Type
About this home
Single family home for sale with 4 bedrooms, 3 bathrooms, 1,716 square feet of living space, roof is 4 years old. This is a fantastic investment opportunity as the zoning allows for future development of a multi-family property. Three efficiencies are occupied. This is a unique opportunity in the heart of Miami and just minutes away from Downtown Miami, Wynwood, and The Design District. Electric gates that are in perfect working condition and a huge backyard that once featured a basketball court. Parking for 6+ cars and plenty of space to build the pool of your dreams. A versatile property with great potential!
Features
- First Floor Entry
- No Additional Rooms
- Fruit Trees
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,882
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,882
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 159 active listings; the middle half ask $2,400–$3,900.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.