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Single Family Residence
$2,100,000$925 / sqft
661 NE 120th St, Biscayne Park FL 33161
Listed
3
Bedrooms
4
Bathrooms
2,270 sqft
Interior
2024
Year built
None
HOA
Single Family Residence
Type
About this home
Brand-new custom construction offering the perfect blend of luxury, comfort, and modern design. A charming front porch welcomes you into a light-filled great room with 11-foot ceilings, white oak floors, designer lighting, and open-concept living and dining spaces. The stunning eat-in kitchen with spacious pantry serves as the heart of the home, overlooking the covered terrace, outdoor kitchen and pool. The semi-split floor plan features a private primary suite with an oversized walk-in closet and spa-like bath, while two guest bedrooms each enjoy their own ensuite bath. The home also includes a dedicated laundry room, full cabana bath, and a versatile den that can serve as a home office, playroom, media room, or additional living space. Situated on a quiet cul-de-sac with a beautiful park-like median, the property is surrounded by privacy landscaping and enhanced with landscape lighting, a sprinkler system, and covered parking for up to six vehicles. An incredible opportunity to enjoy brand-new construction in a peaceful, highly desirable setting.
Features
- First Floor Entry
- Cooking Island
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- Built-In Grill
- Other
- Pool
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.