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15940 NW 37th Pl, Miami Gardens FL 33054
About this home
Excellent opportunity for both end-users & investors. Please note: the home next door is also available for sale (A12038853). Located in a quiet, family-oriented neighborhood between St. Thomas University and Florida Memorial University, this versatile property offers flexible living options and strong potential. The home is currently configured with a private 1-BR/1-BA efficiency featuring a kitchenette, family room, separate entry, and private outdoor space. This area can easily be converted back to the original layout. A 2024 mini-split AC unit services the efficiency area. The main entry opens to an expansive living/family room, followed by a dining area and kitchen with café-style breakfast seating and stainless steel appliances. An additional large rear family room provides excellent space for entertaining. The primary bedroom includes a bo-nus room, currently used as an additional bedroom, while the secondary bedroom is generously sized. The home also features a laundry room, 4-year-old 4-ton AC unit and 3-year old 2-ton AC. Flat roof roof replaced 4 years ago. Septic system was just cleaned and tested in May ‘26. Outside, the property brings a country feel to the city with an outdoor kitchen, huge lychee tree, lush vegetation, 24’-wide above-ground pool, bird cages, and a full-sized storage shed w/electric. Fully fenced, including sliding front gates for secure parking.
Features
- First Floor Entry
- Stacked Bedroom
- Family Room
- Lighting
- Fruit Trees
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,792
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.