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Waterfront · Townhouse
$469,900$354 / sqft

12308 NW 23rd Ct # 12308, Miami FL 33167

3
Bedrooms
3
Bathrooms
1,328 sqft
Interior
2023
Year built
$349 / mo
HOA
Townhouse
Type

About this home

Corner unit filled with abundant natural light, offering a bright and airy living space. This well-maintained property is ideal for investors seeking immediate rental income, with a tenant in place through July 31, 2026 at $3,100 per month. Located in a high-demand rental area, this income-producing property offers strong cash flow potential and consistent tenant appeal. Functional two-story layout featuring 3 bedrooms and 3 bathrooms, with 1,328 Sq.Ft. of living area, built in 2023 for modern comfort and efficiency. Situated in a gated community with access to a community pool, playground, and well-maintained common areas, providing a secure and family-friendly environment. Prime location with easy access to major highways, shopping centers, dining, and everyday conveniences. Great opportunity for investors, first-time buyers, or those looking to secure a property with built-in income.

Features

  • First Floor Entry
  • Lake
  • Water View

Estimated loan & HOA

$2,725

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,376
HOA
$349 / mo

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.

Courtesy of
The Keyes Company

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.

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 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.