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3
Bedrooms
2
Bathrooms
1,180 sqft
Interior
1971
Year built
$1,000 / mo
HOA
Condominium
Type
About this home
Welcome to this bright and spacious second-floor corner unit featuring 3 bedrooms and 2 bathrooms in a prime Miami location! This well-maintained home offers an open-concept living and dining area filled with natural light, creating a warm and inviting atmosphere. The primary suite includes a large walk-in closet, while the generously sized second bedroom offers a wide closet for ample storage. A versatile third bedroom provides additional space for guests, a home office, or other needs. Enjoy the convenience of an in-unit washer and dryer, central air conditioning and heating, a dishwasher, and an oversized refrigerator. Ideally located at 7845 Miller Drive, Unit A202, this home offers quick access to SR-826 and US-1, is adjacent to Tropical Park, and is just minutes from Downtown Dadeland, Miami International Airport, the University of Miami, Doral, Kendall, Coral Gables, and a variety of shopping, dining, and entertainment destinations. Additional highlights include 2-3 assigned parking spaces (if confirmed by the association/deed), a pet-friendly community (subject to association rules and restrictions), and a peaceful residential setting. A wonderful opportunity for homeowners or investors alike!
Features
- Walk-In Closet(s)
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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 $2,900–$11,500.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.