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Single Family Residence
$749,900$483 / sqft
7239 NW 3rd St, Miami FL 33126
Listed
4
Bedrooms
3
Bathrooms
1,553 sqft
Interior
1955
Year built
None
HOA
Single Family Residence
Type
About this home
Income-producing opportunity in the heart of Miami! This exceptional property features two separate structures and 1,553sf Living Area, offering the perfect blend of flexibility, comfort, and investment potential. The main residence offers 3 bedrooms and 2 bathrooms, while the detached 1-bedroom, 1-bathroom unit is ideal for extended family, guests, or generating rental income. Designed with peace of mind, the property has been extensively updated with new roofs on both structures, new A/C systems, new water heaters, PVC plumbing, new electrical system, and stylish modern finishes throughout. Situated on a spacious lot, there is ample room for parking, outdoor entertaining, or future possibilities. This centrally located home provides quick access to major highways, Miami International Airport, shopping, dining, schools, and entertainment. Whether you're searching for a move-in-ready primary residence with supplemental income or a turnkey investment property, this is an opportunity you won't want to miss!
Features
- First Floor Entry
- Split Bedroom
- Studio Apartment
- Utility Room/Laundry
- Fruit Trees
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.