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Waterfront · Single Family Residence
$1,250,000$439 / sqft
9023 NW 161ST Terrace, Miami Lakes FL 33018
Listed
4
Bedrooms
3
Bathrooms
2,847 sqft
Interior
2017
Year built
$194 / mo
HOA
Single Family Residence
Type
About this home
LAKESIDE LUXURY IN MIAMI LAKES! Welcome to this exceptional 4-bedroom, 3-bath residence offering approximately 2,847 sq. ft. of sophisticated living space with beautiful lake views and an elevated South Florida lifestyle. Enjoy an open and spacious floor plan, volume ceilings, abundant natural light, a well-appointed kitchen, generous bedrooms, and beautifully designed living spaces perfect for both relaxation and entertaining. A true standout is the premium oversized lot, notably larger than many properties in the neighborhood, offering additional space, privacy, and versatility. Additional features include impact windows and doors, spacious walk-in closets, and a 2-car garage. Perfectly positioned in desirable Miami Lakes with convenient access to shopping, dining & major roadways.
Features
- Lobby
- Built-in Features
- Cooking Island
- French Doors
- Pantry
- Vaulted Ceiling(s)
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Great Room
- Separate Guest/In-Law Quarters
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.