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Listed
MAKE IT YOUR OWN! Situated on a spacious, gated corner lot, this Miami home offers a flexible layout and the opportunity to renovate it according to your needs. The property requires updating and repairs following its previous rental use; however, the roof, central A/C systems, and main structure are reported to be in good condition. One section of the home offers possibilities for a private bedroom suite, home office, multigenerational living area, or other configuration, subject to permits and buyer verification. The spacious yard provides room for entertaining, future improvements, and a pool. No HOA. Seller is willing to consider a contribution toward allowable buyer closing costs, repairs, or interior redesign, subject to the offer terms and lender approval. Property is being sold AS IS. Conveniently located near Wynwood, Midtown, the Design District, and Edgewater. REALTORS, read Brokers remarks. Contact the co-listing agent to discuss the property’s possibilities, the contractor's estimate, and showing instructions.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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 $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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