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Single Family Residence
$460,000$499 / sqft
1321 NW 51st Ter, Miami FL 33142
Listed
2
Bedrooms
1
Bathrooms
922 sqft
Interior
1944
Year built
None
HOA
Single Family Residence
Type
About this home
This beautiful Craftsman home welcomes you with an enclosed front porch, 2 bedrooms, 1 bath, original hardwood floors and freshly painted interiors. Enjoy added security and peace of mind with all high-impact windows, combining style with safety. The Gourmet Kitchen is Equipped with all-stainless steel appliances, sleek cabinetry, and quartz countertops. Step outside to a private oasis with a dedicated barbecue area, perfect for enjoying the Florida sunshine and hosting leisurely gatherings. Just a short 7-minute drive from the renowned Design District, offering world-class shopping, dining, and entertainment options. Don't miss out on this exceptional opportunity! Discover the elegance and comfort this property offers in the heart of Miami.
Features
- First Floor Entry
- Den/Library/Office
- Barbeque
- Lighting
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,326
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 2-bed rentals across Miami-Dade, from 155 active listings; the middle half ask $2,400–$3,900.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.