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Single Family Residence
$2,695,000$1,891 / sqft
6255 SW 123rd Ave, Miami FL 33183
Listed
6
Bedrooms
5
Bathrooms
1,425 sqft
Interior
1937
Year built
None
HOA
Single Family Residence
Type
About this home
Rare opportunity to own 2.29 acres with access from both 123rd Ave and 122nd Ave, offering exceptional flexibility and potential. The expansive lot provides ample space for a variety of uses and future development possibilities. The property can be divided into two parcels, creating the potential to build two separate homes. An existing 6BR/5BA home is located on the property. The true value of this offering is the generous acreage, multiple points of access and development potential in the desirable Horse Country area.
Features
- First Floor Entry
- Family Room
- Lighting
- Room For Pool
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$13,627
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $13,627
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 6-bed rentals across Miami-Dade, from 54 active listings; the middle half ask $16,000–$48,000.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.