Skip to content
All listings
Single Family Residence at 1140 NE 87th St, Miami FL 33138Pending
1 / 40

Photo 1 of 40

Waterfront · Single Family Residence
$2,790,000$1,314 / sqft

1140 NE 87th St, Miami FL 33138

3
Bedrooms
3
Bathrooms
2,123 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type

About this home

Boater’s paradise in the tranquil Davis Harbor neighborhood! This beautifully updated 3-bedroom, 3-bathroom waterfront residence offers 2,123 square feet of living space on a 7,800-square-foot lot. The home welcomes you with a serene foyer that opens to a spacious great room, while the renovated kitchen features stainless steel appliances and modern finishes. Hurricane impact windows and doors throughout provide added security, energy efficiency, and peace of mind. The expansive primary suite enjoys peaceful views of the pool and waterfront. Step outside to an exceptional outdoor entertainment area complete with a pool deck, oversized dock, and a 12,000-pound boat lift. Direct access to Biscayne Bay just moments away.

Features

  • First Floor Entry
  • Cooking Island
  • Utility Room/Laundry
  • Barbeque
  • Built-In Grill
  • Canal

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$14,108

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$14,108
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
AG Real Estate Advisors, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.