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1631 NE 157th Terrace, North Miami Beach FL 33162
About this home
First time for sale in 30 years. 3 bedroom, 2 baths with a Florida room, bonus room and a porch patio in the back overlooking a huge yard consisting of lush array of fruit trees and plants. New roof, 2023, Solar panels (paid) that keeps a low FPL monthly payment, Updated kitchen with granite countertops and stainless-steel appliances. Separate laundry room, updated bathrooms and impact windows throughout, recently painted inside. Terrazzo floors in the bedrooms, tile in all living areas (no carpet). 10,000 square foot lot, mango trees, papaya, orange, loquat, moringa and much more. This house has all the big-ticket items done and upgraded; all you would need is your own personal touch. This is a turnkey home that has size and many upgrades. Seller may be able to help with closing costs. Updated 3/2 on a 10k square foot lot with lots of fruit trees.
Features
- 3 Bedroom Split
- Barbeque
- Fruit Trees
- Room For Pool
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
- $2,875
- 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.