Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,320 sq ft
Active · Townhouse
$475,000
340 NE 208th Terrace 340, Miami, FL 33179
- Beds
- 3
- Baths
- 3
- Living area
- 1,320 sq ft
- $ / sq ft
- $360/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $425
- Annual tax
- —
About this property
Welcome to your next investment opportunity or future home! This beautifully townhouse features a modern kitchen equipped with stainless steel appliances, custom built-out closets, and an open-concept layout. Enjoy stylish ceramic/tile flooring on the first level and warm laminate floors upstairs. Located in a quiet, gated community, the property includes two assigned parking spaces and offers the perfect combination of comfort, convenience, and security. Whether you're planning to live in or rent out, this home suits every lifestyle. Ideally situated just minutes from Aventura Mall, the beach, major highways, and both Miami and Fort Lauderdale airports, this is a prime investment in one of Miami’s most desirable neighborhoods. Currently rented until 11/30/2026 for $2,900/month.
Property location
Get Directions340 NE 208th Terrace 340, Miami, FL 33179
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Facts & features
Exterior & Structure
- Property type
- Townhouse
- Year built
- 2019
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $425
- County
- Miami-Dade
- MLS listing ID
- F10518079
- 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
-$392
- Cap rate
- 4.7%
- Net yield
- 4.7%
- Cash-on-cash return
- -3.5%
- Gross yield
- 9.3%
- Mortgage payment
- $2,252/mo
- Down payment
- $118,750
- Loan amount
- $356,250
- Annual NOI
- $22,316
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.