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Townhouse
$344,000$361 / sqft
8823 NE 4th Ave Rd # 8823, Miami Shores FL 33138
Listed
3
Bedrooms
3
Bathrooms
952 sqft
Interior
1974
Year built
$1,104 / mo
HOA
Townhouse
Type
About this home
Spacious 3BR/2.5BA townhome in Miami Shores — freshly painted, move-in ready, with refinished hardwood floors throughout. Open living/dining area plus separate room. Updated kitchen features butcher-block counters, sage cabinetry, stainless appliances, and a breakfast bar. Private fenced patio off the main level, plus in-unit laundry and a half bath. Upstairs primary suite offers a walk-in closet and en-suite bath; two additional bedrooms with ample closet space. Assigned parking, plenty of visitor spots, and community pool.Excellent location.
Features
- First Floor Entry
- Other
- None
Leasing
- Minimum lease
- 360 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. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,843
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 $2,650–$3,300.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.