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Listed
Stunning North Miami Home with Exceptional Outdoor Living & Development Potential Welcome to this beautifully updated 3-bedroom, 2-bathroom home situated on an expansive ¼-acre lot in one of North Miami's most desirable neighborhoods. This move-in-ready property offers the perfect combination of modern upgrades, outdoor entertainment, and future investment opportunities. Recent improvements include a new roof (2021), a beautifully renovated kitchen, two fully remodeled bathrooms, and stylish tile and wood flooring throughout. The spacious backyard features mature mango trees and provides ample room to add a custom swimming pool. A true highlight of this home is the spectacular 18' x 28' custom pergola, less than two years old, designed for year-round entertaining. This outdoor oasis comes fully equipped with a refrigerator, wine cooler, television, built-in BBQ grill, and programmable multicolor LED lighting—creating the perfect setting for family gatherings and celebrations. The property is capable of accommodating events with up to 200 guests. For investors and developers, this property offers outstanding potential. The lot is zoned for a triplex, providing the opportunity to redevelop or expand in the future. The listing agent is also the owner of the property. The seller is highly motivated and welcomes all reasonable offers. $10,000 Towards Closing or Paydown Points With Full Offer
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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–$5,100.That is what landlords ask, not what units let for — edit it if you know better.
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.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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