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348 NE 118th St, Miami FL 33161
About this home
Discover this beautifully designed 4-bedroom, 4-bath home perfectly situated between Miami Shores and Biscayne Park. Filled with natural light, the residence offers a spacious and functional layout with open living and dining areas that are ideal for both everyday comfort and entertaining. In addition to the four bedrooms, the home features a versatile den that can serve as a home office, playroom, media room, guest space, or potential fifth bedroom, offering flexibility to fit a variety of lifestyles. The home also features a screened-in back porch that seamlessly extends the living space outdoors—perfect for relaxing or hosting guests year-round. The large backyard offers ample room to build a pool and create the outdoor oasis of your dreams. Enjoy peace of mind with full hurricane-impact doors and windows throughout. Offering tremendous potential, this property presents an incredible opportunity to customize and enhance an already well-designed home in a highly desirable location. Some photos have been AI-enhanced to illustrate the property's potential and help visualize possible design and renovation ideas. A rare blend of location, layout, natural light, flexibility, and opportunity, this home delivers exceptional value in one of Miami's most sought-after residential neighborhoods.
Features
- First Floor Entry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Fruit Trees
- Room For Pool
- Garden
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,804
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.