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Single Family Residence
$400,000$356 / sqft
15601 NE 15th Ave, North Miami Beach FL 33162
Listed
3
Bedrooms
2
Bathrooms
1,125 sqft
Interior
1953
Year built
None
HOA
Single Family Residence
Type
About this home
Discover the potential of this 3-bedroom, 2-bath North Miami Beach home offering approximately 1,125 square feet and an opportunity to make it your own over time. The functional layout features tile flooring throughout, a separate laundry area with additional storage, and a fenced yard with private outdoor space. Move in and update at your own pace, or take advantage of the opportunity to renovate and create a home tailored to your vision. Conveniently located near NE 163rd Street with shopping, dining, parks, schools, and everyday services nearby, plus easy access to Biscayne Boulevard, Aventura, I-95, and the beaches. A compelling opportunity for buyers seeking a single-family home with both immediate usability and future upside. Unapproved short sale; seller is requesting a 90-day closing.
Features
- First Floor Entry
- Family Room
- Utility Room/Laundry
- Fruit Trees
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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.