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Waterfront · Single Family Residence
$2,600,000$1,057 / sqft
12944 Banyan Rd, North Miami FL 33181
Listed
4
Bedrooms
3
Bathrooms
2,460 sqft
Interior
1955
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to Casa Solara, a beautiful modern waterfront residence in the gated Keystone Point Islands with open ocean access and no fixed bridges. A private dock accommodates a boat up to 50 feet, making this an exceptional setting for enjoying Miami’s waterways and effortless days on the water. Inside, this 4-bedroom, 3-bathroom home offers a thoughtful split-bedroom layout, spacious interiors, and an effortless connection to the outdoors. The contemporary kitchen blends sleek finishes with warm natural detail, including a distinctive wood countertop, while the expansive primary suite offers a private retreat with a generously sized bathroom and deep soaking tub. Outside, Casa Solara embraces the best of South Florida living. A beautiful pool anchors the backyard, complemented by two covered terraces that create inviting spaces for relaxing and entertaining. One terrace features an outdoor grill and dining area, perfect for alfresco meals with family and friends. A large driveway and covered carport provide ample parking and convenience. With its modern design, private pool, generous outdoor living spaces, and direct connection to the water, Casa Solara is a waterfront retreat designed for both everyday living and effortless entertaining.
Features
- First Floor Entry
- Cooking Island
- French Doors
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Barbeque
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.