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Single Family Residence
$650,000$293 / sqft
645 W 16th St, Hialeah FL 33010
Listed
4
Bedrooms
3
Bathrooms
2,216 sqft
Interior
1975
Year built
None
HOA
Single Family Residence
Type
About this home
Two homes for the price of 1! Permitted in-law quarters with a kitchen, living room, 1 bedroom, and 1 bathroom. Perfect for additional income or guests! The property offers a bright, functional layout with multiple living areas, generously sized bedrooms, terrazzo flooring, and plenty of room to spread out comfortably. The kitchen features abundant cabinetry and counter space and connects naturally with the surrounding living and dining areas. The property also features a fully permitted 1-bedroom, 1-bathroom in-law suite with its own kitchen, ideal for extended family, guests, or potential rental income. Outside, an expansive driveway provides plenty of parking, while the fenced backyard offers a covered patio, green space, and room to entertain, relax, or enjoy South Florida living year-round. Centrally located with convenient access to shopping, dining, schools, and major roadways, this home combines space, practicality, and flexibility in a location that keeps you close to everything Hialeah and Miami-Dade have to offer.
Features
- First Floor Entry
- Walk-In Closet(s)
- Maid/In-Law Quarters
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,287
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.