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Single Family Residence
$649,000$648 / sqft
40 NW 68th St, Miami FL 33150
Listed
2
Bedrooms
1
Bathrooms
1,001 sqft
Interior
1948
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully maintained 2-bedroom, 1-bath single-family home in the desirable Edison Heights neighborhood of Miami. This charming one-story residence features a spacious layout with a bright living/dining area, a versatile den/office, and a comfortable family room. Ceramic and tile flooring throughout the home provides easy maintenance and a clean, inviting feel. The property sits on a 7,800 SF lot with a fenced yard and mature fruit trees, offering excellent outdoor space and privacy. A detached carport provides convenient covered parking, with additional driveway and street parking available. Located near schools, shopping, dining, major roads, and everything Miami has to offer. No HOA and no restrictions, providing flexibility for homeowners and investors alike. A great opportunity to own a well-located property in Miami.
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Fruit Trees
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,282
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 152 active listings; the middle half ask $2,400–$3,900.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.