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2501 NE 209th Ter, Miami FL 33180
About this home
Rare waterfront investment opportunity in a gated community with expansive lake views and highly desirable double-sided water frontage — a unique feature owned by only 4 homes on the entire lake. This 3-bedroom, 2-bathroom home offers 1,411 sq/ft of living space on an oversized 11,400 sq/ft lot (95 ft x 120 ft), creating exceptional potential for investors, developers, or end-users. The property offers multiple value-add opportunities including renovation, expansion, redevelopment, or use as a high-demand seasonal or Airbnb-style rental. The jet ski and small motor boat-friendly lake, combined with excellent fishing and waterfront lifestyle appeal, make this a standout asset with strong long-term upside. Centrally located in a highly walkable area near schools, places of worship, shopping, dining, and major conveniences. Easy to show.
Features
- First Floor Entry
- Other
- Lighting
- Room For Pool
- Lake
- Water
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
- $6,953
- 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.