All listings
Pending
Pending1 / 19
Photo 1 of 19
Waterfront · Condominium
$169,900$303 / sqft
4721 NW 7th St # 12, Miami FL 33126
Listed
1
Bedrooms
1
Bathrooms
560 sqft
Interior
1974
Year built
$382 / mo
HOA
Condominium
Type
About this home
Ground-floor 1BR/1BA in Sunset Villas III, a well-established waterfront community along the Blue Lagoon in the center of Miami-Dade county. First time on the market in over 25 years, this freshly painted unit offers a solid foundation with A/C (2020), semi-updated bathroom, kitchen with excellent lower cabinets, new impact bedroom window, updated electrical outlets, new closet doors, improved A/C vents, and generous closet spaces. The community is known for its sunset views, and natural surroundings -a rare offering at this price point. Ideal to personalize and hold in an area poised for continued growth. Located just minutes from MIA, Coral Gables, the Waterford business district, major highways, shopping & dining. Antonio Maceo Park renovated in 2025 with boat ramp for small watercraft & community center is blocks away. Guard-gated community with 24/7 security, intercom access, cameras, pools, tennis and basketball courts, picnic areas, playground, onsite management, water included, and one parking space directly in front of the unit. Association on track with the Florida Condominium Act. No special assessments for 2026. Unit may be rented in the first year. Selling As-Is.
Features
- Interior Hall
- First Floor Entry
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,050–$3,800.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.