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Single Family Residence
$630,000$342 / sqft
16529 SW 98th Ter, Miami FL 33196
Listed
3
Bedrooms
2
Bathrooms
1,841 sqft
Interior
1998
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully Updated Home with Bonus Room in a Controlled-Access Community! Welcome to this beautifully maintained and thoughtfully updated 3-bedroom, 2-bath single-family home offering approximately 1,841 sq. ft. of comfortable living space, ideally located within a controlled-access community. Step inside and enjoy a bright and inviting open-concept layout, perfect for everyday living and entertaining. The home features an updated kitchen, two beautifully renovated bathrooms, and impact windows for added protection, energy efficiency, and peace of mind. An additional BONUS ROOM provides flexible space ideal for a home office, study, creative studio, playroom, or multipurpose room. Step outside to an impressive extended covered terrace spanning the back of the home, creating the perfect setting for family gatherings, outdoor dining, entertaining, or simply relaxing and enjoying the South Florida lifestyle. The property also offers generous front parking with space for up to four vehicles, providing added convenience for residents and guests. Located in Miami’s desirable 33196 area, this move-in-ready home offers an excellent combination of space, modern updates, privacy, functionality, and indoor-outdoor living. Don’t miss this opportunity! Schedule your private showing today. SHOWINGS BY APPOINTMENT ONLY.
Features
- First Floor Entry
- Great Room
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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
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.