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Single Family Residence
$639,000$486 / sqft
3430 SW 89th Ave, Miami FL 33165
Listed
3
Bedrooms
2
Bathrooms
1,316 sqft
Interior
1955
Year built
None
HOA
Single Family Residence
Type
About this home
Excellent opportunity in a desirable Southwest Miami location near shopping, dining, major roadways, schools and FIU. The property features a 3BR/2BA main residence plus separate, fully functioning 1BR/1BA rear quarters—ideal for extended family, in-law accommodations or potential rental income. The lush backyard, surrounded by mature fruit trees and tropical greenery, creates a private garden-like retreat, complemented by a detached storage building/workshop. Investors will appreciate the potential for multiple income streams from the existing property, along with the possibilities offered by duplex zoning. The surrounding area includes new-construction duplex-style development and ongoing property improvements, making the investment, expansion and redevelopment opportunities readily apparent. An excellent opportunity for an owner-occupant or investor seeking income, flexibility and long-term potential.
Features
- First Floor Entry
- Storage
- Studio Apartment
- Workshop
- Fruit Trees
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 $3,200–$5,000.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.