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Single Family Residence
$720,000$419 / sqft
500 East Dr, North Miami Beach FL 33162
Listed
4
Bedrooms
2
Bathrooms
1,718 sqft
Interior
1957
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully updated single-family home in North Miami Beach offering a bright, open layout and modern finishes throughout. This one-story residence features 4 bedrooms, 2 bathrooms, an updated kitchen with contemporary cabinetry and stainless steel appliances, spacious living areas, and tile flooring throughout. The converted garage provides additional flexible living space and is currently used as a bedroom. Bedroom 2 and the guest bathroom are currently separated from the main residence by a dividing wall and feature private exterior access from the rear, creating an efficiency-style private area. Seller is willing to remove the dividing wall to restore direct interior access, if preferred by the buyer. Recent improvements include updated PVC plumbing throughout and a septic tank replaced approximately two years ago; seller has documentation and photos of the septic work. Generous backyard with plenty of room for entertaining or future outdoor improvements. Conveniently located near major highways, shopping, dining, parks, and South Florida beaches. Schedule your private showing today!
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- Garage Converted
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 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.