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Waterfront · Single Family Residence
$845,000$381 / sqft
299 S Biscayne River Dr, Miami FL 33169
Listed
3
Bedrooms
2
Bathrooms
2,216 sqft
Interior
1948
Year built
None
HOA
Single Family Residence
Type
About this home
Discover a rare opportunity to enjoy waterfront living on an expansive, privately gated property along the Biscayne River. Offering over 2,400 square feet of living space, this beautifully updated 3-bedroom, 2-bathroom residence combines generous interiors with exceptional outdoor potential. A private boat ramp provides direct access to the water, while the oversized lot offers ample space to create your own tropical retreat with a future pool, spa, or outdoor entertaining area. Inside, natural light fills the spacious living areas, complemented by a newly renovated kitchen, updated flooring, and a tankless water heater. Mature tropical landscaping, including mango and lychee trees, adds to the property's distinctive charm. Additional highlights include a wooden deck, circular driveway, and automated entry gates. Ideally situated with convenient access to I-95, major hospitals, shopping, and dining, this waterfront residence offers a compelling combination of space, privacy, and lifestyle.
Features
- Pantry
- Vaulted Ceiling(s)
- Family Room
- Florida Room
- Storage
- Utility Room/Laundry
- Lighting
- Fruit Trees
- Room For Pool
- Canal
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.