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Single Family Residence
$775,000$399 / sqft
8971 NW 150th Ter, Miami Lakes FL 33018
Listed
4
Bedrooms
2
Bathrooms
1,943 sqft
Interior
1994
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to 8971 NW 150th Terrace, a spacious 4-bedroom, 2-bath pool home offering 2,181 sq. ft. of living space in an established Miami Lakes neighborhood where many residents have called home for decades. Peaceful streets, mature landscaping, and long-term pride of ownership give this community the kind of atmosphere that is increasingly difficult to find. Inside, the home offers a generous layout with separate living, dining, and family areas, along with impact windows and doors throughout. Major improvements include a 2020 roof, 2020 A/C system with a 2024 outdoor unit, and new pool tanks. The 1-car garage is connected to the central A/C, adding flexibility beyond traditional garage use. The backyard is built for South Florida living, featuring a large private pool with direct access from both the primary and secondary bedroom and a spacious covered lanai perfect for entertaining, family gatherings, or simply relaxing outdoors. With nearly 2,200 sq. ft. of living space, significant updates already completed, and a private pool setting, this home brings together space, functionality, and location in one of Miami Lakes’ established residential communities.
Features
- First Floor Entry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Utility Room/Laundry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.