308 NW 159th St, Miami, FL 33169 — MLS photo

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308 NW 159th St, Miami, FL 33169

Active · SingleFamilyResidence

$1,699,000

308 NW 159th St, Miami, FL 33169

Beds
5
Baths
3
Living area
3,683 sq ft
$ / sq ft
$461/sq ft
Year built
1946
Lot size
38,902 sq ft
HOA fee
—
Annual tax
—

About this property

Location!! Location!! Welcome to this remarkable 5-bedroom, 3-bathroom home with over 3600 square feet of living space, nestled in a prime location. This property boasts a unique dual lot featuring two separate houses, presenting an exceptional high-rise development opportunity in a desirable zoning area. Enjoy the lush surroundings, including an abundance of fruit trees and ample outdoor space. Conveniently located near the Hard Rock Stadium, major expressways, pristine beaches, and Aventura Mall, this residence truly has it all. Make yourself at home in this extraordinary property!

Property location

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308 NW 159th St, Miami, FL 33169

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Facts & features

Interior

Bedrooms
5
Bathrooms
3
Living area
3,683 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1946
Lot size
38,902 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11777152
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,563

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.9%
Gross yield
8.0%
Mortgage payment
$8,054/mo
Down payment
$424,750
Loan amount
$1,274,250
Annual NOI
$77,888

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.