All listings
Active
ActiveSingle Family Residence
$465,000$408 / sqft
3420 NW 87th Ter, Miami FL 33147
Listed
3
Bedrooms
1
Bathrooms
1,140 sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type
About this home
PROBATE SALE —**SOLD AS IS** — Great Opportunity for Investors, Renovators, or Buyers Looking to Create Their Dream Home! This 3-bedroom, 1-bathroom home offers plenty of potential and is ready for someone to bring their vision to life. The property also features an additional room and bathroom located on the opposite side of the house, providing extra space and flexibility. The home may require some work, including the roof and the home has wall-unit A/C and heating system. With some TLC and thoughtful improvements, this property has the potential to become a beautiful home. Property is currently in probate; sale is subject to applicable probate, title, estate, and/or court requirements. Buyer and buyer’s agent should conduct their own due diligence regarding the property and probate process.
Features
- First Floor Entry
- Garage Converted
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,351
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,351
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–$5,000.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.