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Listed
A rare riverfront offering in historic Spring Garden, one of Miami’s oldest and most charming neighborhoods. Built in 1928 and fully restored in 2013, this two-story Craftsman residence sits on a deep 14,892 SF lot with 85 feet of Miami River frontage and true ocean access with no fixed bridges. A deep covered front porch sets the tone for 1,866 SF of interiors that keep their original character: volume ceilings, wood floors, a gas fireplace, and custom built-ins throughout. The kitchen features a cooking island, gas range, and pantry, with French doors opening the living spaces to the outdoors. The split plan offers 3 bedrooms and 2.5 baths, including an upstairs primary suite with walk-in closets, plus a den/office. Living areas are raised well above grade, with a walk-out lower level ideal for storage or a workshop. Impact windows and doors and a whole-house generator add peace of mind. Outside, mature shade trees frame the path to a private dock with boat hoist on a wide stretch of river, a true boater’s setting for entertaining and enjoying life on the water. Covered parking and paver driveway. Zoned T4-R. Set in a tranquil, canopied neighborhood of broad streets and large lots, minutes from Downtown, Brickell, Wynwood, the Health District, Miami Beach, and Miami International Airport. A one-of-a-kind opportunity to own a piece of Miami history on the water.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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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