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Townhouse
$499,000$358 / sqft
11827 SW 99th Ln, Miami FL 33186
Listed
3
Bedrooms
3
Bathrooms
1,392 sqft
Interior
1988
Year built
$483 / mo
HOA
Townhouse
Type
About this home
Welcome to this beautiful 3-bedroom, 2.5-bath townhome in the highly desirable Amaretto community in the heart of Kendall! This spacious and inviting residence features a practical floor plan, a one-car garage, ample storage, and a private, fenced backyard terrace with a storage room. All three bedrooms are conveniently located on the second floor. The home is equipped with accordion shutters on all windows and doors for added storm protection. The HOA fee includes roof coverage, exterior insurance, and maintenance of the community’s exterior features, including fences and driveways. Residents enjoy a beautiful community pool, clubhouse, and two lighted tennis courts. Recent community improvements include new driveways and updated street lighting, with a new exterior color palette approved. Ideally located just minutes from Florida’s Turnpike and major thoroughfares, this home offers convenient access to shopping, dining, and everyday essentials. Homes in Amaretto are rarely available, making this an excellent opportunity to own in one of Kendall’s sought-after communities. Please note: Leasing is not permitted during the first year of ownership. Don’t miss this opportunity to make this home your own!
Features
- First Floor Entry
- Walk-In Closet(s)
- Other
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,600–$3,300.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.