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Single Family Residence
$689,888$594 / sqft
3375 SW 1st St, Miami FL 33135
Listed
3
Bedrooms
2
Bathrooms
1,161 sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
Move right into this beautifully updated home in the heart of Alameda-West Flagler. The main residence offers 2 bedrooms and 1 bath with a brand-new kitchen and fresh flooring throughout, all set on a durable concrete block foundation. A private, separate efficiency unit adds a full 1-bedroom, 1-bath in-law suite — ideal for guests, extended family, or rental income potential. Step outside to a generous backyard with plenty of room to add a pool, plus a driveway offering ample parking. Central heat and air keep both units comfortable year-round, and the home's walkable location (Walk Score 77) puts shops, dining, and transit within easy reach. With no HOA restrictions and flexible financing options including cash, assumable, and FHA/VA approved terms, this property is a rare opportunity for buyers or investors alike (perfect for airbnb). Schedule your showing today!
Features
- First Floor Entry
- Separate Guest/In-Law Quarters
- Maid/In-Law Quarters
- Studio Apartment
- Utility Room/Laundry
- Lighting
- Room For Pool
- Garden
- Other
Leasing
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.