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Single Family Residence at 1240 NE 159th St, North Miami Beach FL 33162Active
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Single Family Residence
$800,000$449 / sqft

1240 NE 159th St, North Miami Beach FL 33162

4
Bedrooms
3
Bathrooms
1,783 sqft
Interior
1958
Year built
None
HOA
Single Family Residence
Type

About this home

Move-in ready 4BD/3BA beautiful pool home in a safe, quiet North Miami Beach neighborhood! Highlighting a resort-style outdoor space, this residence features a heated pool with ambient lighting, a covered patio, an outdoor dining/BBQ area, and a fully private green fence lined with lush palms and wood fencing. The front features an elegant brick fence enclosing a private driveway that fits up to 5 vehicles. Relocating out of state, the owner reluctantly parts with this beloved family home—making it perfectly prepared for a new family to move right in and start creating memories. Sold completely furnished with high-end finishes, smart tech, and a seller-included inventory list featuring a pool table, JBL sound system, beach cart/chairs, outdoor games, and designer furniture. Inside, the spacious layout offers porcelain tile throughout, a game/entertainment area, and a workspace desk setup. The chef’s kitchen boasts premium stainless steel appliances, a gas range, custom cabinetry, and a large dining area. Bedrooms feature generous closets, highlighting a primary suite with an en-suite bath, freestanding soaking tub, and dual vanities. Impact windows/doors, plus a new roof and A/C replaced in 2023, deliver substantial insurance savings and total peace of mind. Situated with an 81 Walk Score—stroll to local spots or take a short drive to Sunny Isles beaches, Aventura Mall, and Bal Harbour. Effortless South Florida living from day one.

Features

  • First Floor Entry
  • French Doors
  • Pantry
  • Split Bedroom
  • 3 Bedroom Split
  • Family Room
  • Garage Converted
  • Great Room
  • Storage
  • Utility Room/Laundry
  • Barbeque
  • Outdoor Shower
  • Garden

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,045

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,045
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Florida Capital Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.