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Single Family Residence
$620,000$343 / sqft
1314 NW 2nd Ter, Florida City FL 33034
Listed
5
Bedrooms
3
Bathrooms
1,810 sqft
Interior
2024
Year built
$200 / mo
HOA
Single Family Residence
Type
About this home
Welcome to this nearly new, beautifully upgraded 5-bedroom, 4-bath home, perfectly situated on a desirable corner lot. Built with solid concrete construction and impact windows and doors, this spacious residence offers a first-floor guest suite with a full bath, ideal for guests or multigenerational living. The spectacular open and spacious layout provides plenty of room to create distinct living and dining areas while maintaining an inviting flow throughout the home—perfect for both everyday living and entertaining. The modern kitchen features quartz countertops, stainless steel appliances, soft-close cabinetry, pantry, and generous storage. One of the home’s standout upgrades is the impressive covered outdoor living area, complete with a built-in BBQ grill perfect for entertaining and enjoying the South Florida lifestyle year-round. The property also offers additional space for a boat, RV, or extra vehicles. High ceilings and thoughtful upgrades throughout make this move-in-ready home an exceptional opportunity.
Features
- First Floor Entry
- No Additional Rooms
- Barbeque
- Built-In Grill
- Lighting
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease With Res
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.
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.