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Single Family Residence
$499,000$353 / sqft
1320 NE 135TH Street, North Miami FL 33161
Listed
3
Bedrooms
2
Bathrooms
1,412 sqft
Interior
2011
Year built
None
HOA
Single Family Residence
Type
About this home
LOCATION, LOCATION, LOCATION! Opportunity awaits in North Miami! This 3-bedroom, 2-bath home features an open layout and sits on a spacious 7,620 sq. ft. lot with a backyard offering endless possibilities—create your own outdoor oasis, entertainment space, or future pool. Conveniently located near Aventura, Miami Shores, beaches, shopping, dining, and major highways. Positioned along a main roadway, the property offers easy access and ample parking for residents and guests. The home does need some TLC, but offers a solid structure and great bones for a buyer ready to add their personal touch and unlock its full potential. No HOA! Seller is motivated and OPEN TO NEGOTIATION—bring your vision and your offer!
Features
- No Interior Features
- Family Room
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,523
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,523
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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.