Cays Realty
8350 SW 98 th St, Miami, FL 33156 — MLS photo

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8350 SW 98 th St, Miami, FL 33156

Active · SingleFamilyResidence

$4,500,000

8350 SW 98 th St, Miami, FL 33156

Beds
6
Baths
5
Living area
7,953 sq ft
$ / sq ft
$566/sq ft
Year built
1993
Lot size
65,340 sq ft
HOA fee
—
Annual tax
$43,462

About this property

Rare Opportunity in Prime Kendall. Welcome to this stunning estate home on an oversized 63,340 sq ft lot in one of Miami’s most desirable neighborhoods. This 6-bedroom, 4.5-bathroom residence has 7,953 sq ft of living area, high ceilings, abundant natural light, and spacious living areas perfect for family living and entertaining. The outdoor space include a large pool, guest house, gardens and more. Located on a quiet residential street walking distance to Riviera Preparatory School, Target, and Whole Foods, with easy access to Dadeland Mall, Pinecrest, and major highways. Whether you’re looking to renovate, build your dream home, or develop multiple residences, this property is a rare find with tremendous potential. Primary Land Use: MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Property location

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8350 SW 98 th St, Miami, FL 33156

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Facts & features

Interior

Bedrooms
6
Bathrooms
5
Living area
7,953 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bidet, Built In Features, Breakfast Area, Bathtub, Convertible Bedroom, Dual Sinks, Family Dining Room, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Sitting Area In Primary, Separate Shower, Bar, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1993
Lot size
65,340 sq ft
Architectural style
Two Story
Roof
Flat, Tile
Construction
Block
Exterior features
Fence, Fruit Trees, Lighting, Other, Patio
Pool
In Ground, Pool
View
Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Circular Driveway, Driveway, Garage, Other, Garage Door Opener

HOA, Community & Financials

Pets allowed
Conditional, Yes
Annual tax
$43,462
Subdivision
kendall
County
Miami-Dade
Days on market
250
MLS listing ID
A11782418
Listing status
Active

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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

-$3,558

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.4%
Gross yield
7.1%
Mortgage payment
$21,332/mo
Down payment
$1,125,000
Loan amount
$3,375,000
Annual NOI
$213,290

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