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Townhouse
$299,000$313 / sqft
8953 NE 4th Ave Rd # 8953, Miami Shores FL 33138
Listed
2
Bedrooms
2
Bathrooms
954 sqft
Interior
1974
Year built
$884 / mo
HOA
Townhouse
Type
About this home
Whether you're looking for a place to call home or a smart investment opportunity, this beautifully updated townhouse in sought-after Miami Shores is a must-see. The bright, spacious kitchen features stainless steel appliances, granite countertops, ample cabinet space, and a large breakfast bar perfect for everyday living and entertaining. The home offers generous living areas, abundant closet space, and a primary bedroom with its original wood ceiling, adding warmth and character. Enjoy the convenience of a separate laundry room, a private patio, and access to the community pool. Ideally located near Biscayne Boulevard, major roadways, public transportation, Barry University, and a variety of popular restaurants and shops. The unit has been freshly painted in white, updated with stainless steel kitchen appliances, and enhanced with new lighting throughout. The first floor has been fully updated with laminate flooring. Photo Disclaimer: Some listing photos have been digitally enhanced to reflect recent cosmetic updates, including the replacement of the first-floor flooring with laminate. These images are intended to illustrate the property's current appearance. Buyers are encouraged to verify all features during their own inspection.
Features
- First Floor Entry
- Built-in Features
- Utility Room/Laundry
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
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 2-bed rentals across Miami-Dade, from 173 active listings; the middle half ask $2,300–$2,995.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.