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Single Family Residence
$1,150,000$761 / sqft
8840 SW 181st Ter, Palmetto Bay FL 33157
Listed
3
Bedrooms
2
Bathrooms
1,512 sqft
Interior
1977
Year built
None
HOA
Single Family Residence
Type
About this home
Step into modern comfort with this beautifully upgraded Palmetto Bay home featuring a solar roof system installed in 2019, impact windows and doors 2019, new HVAC 2023, and porcelain flooring throughout. Enjoy a freshly painted interior and exterior 2025, a newer kitchen and bathrooms 2019, and updated appliances including a new dishwasher and microwave 2025. The backyard is a private oasis with new turf 2022, new pool 2022, refreshed landscaping, and a basketball court—perfect for entertaining. Additional features include a Tesla charger, shed, outdoor security cameras and newer driveway 2019. This home is move-in ready with premium upgrades designed for comfort, efficiency, and South Florida living.
Features
- First Floor Entry
- Cooking Island
- Attic
- Family Room
- Lighting
- Canal
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$5,815
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–$5,100.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.