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Single Family Residence
$1,650,000$706 / sqft
2920 SW 1st Ave, Miami FL 33129
Listed
5
Bedrooms
4
Bathrooms
2,337 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to The Roads, one of Miami's most coveted neighborhoods, just minutes from Brickell, the Financial District, Downtown and Coconut Grove, with easy access to Metrorail. This 5-bedroom, 4-bathroom corner-lot home offers 2,561 sq ft of air-conditioned living space on a generous 9,280 sq ft lot with a private pool. The garage was legally converted into a 1 bed/1 bath apartment, included in the total bedroom and bathroom count. This a great opportunity to renovate, add a second story, or build your dream home (buyer to verify with the City). Tree-lined streets, a quiet residential setting and easy access to top dining, shopping, parks and major roadways make this a unique opportunity in the heart of the city.
Features
- First Floor Entry
- Family Room
- Garage Converted
- Utility Room/Laundry
- Garden
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.
Location
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.