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Single Family Residence
$720,000$295 / sqft
65 NW 118th St, Miami FL 33168
Listed
4
Bedrooms
3
Bathrooms
2,440 sqft
Interior
1949
Year built
None
HOA
Single Family Residence
Type
About this home
HOME WITH IN-LAW QUARTERS! This single-family home offers a 3 bedroom, 2 bath main residence plus separate 1 bedroom, 1 bath in-law quarters with private exterior access, an ideal setup for multigenerational living, extended family or guests. Set on an oversized 13,400 SF lot with 2,440 SF of living area, gated circular driveway, mature trees and plenty of outdoor space. ASSUMABLE LOAN AT 5.75%: qualified buyers may assume the seller's existing mortgage, subject to lender approval. The home is not fully updated and will need renovation and improvements, a great opportunity for buyers ready to invest and add value. Sold AS-IS. No HOA. Near Miami Shores, Barry University, I-95, Aventura and the beaches. Located in unincorporated Miami-Dade, the flexible layout may allow living in the home while exploring short term rental income, subject to County requirements. Information is based on seller representations and public records and is deemed reliable but not guaranteed. Buyer to verify all information, including measurements, permits, zoning, loan assumption terms and intended uses.
Features
- First Floor Entry
- Den/Library/Office
- Media Room
- Utility Room/Laundry
- Fruit Trees
- Room For Pool
- Garden
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.