1019 NE 87th St, Miami, FL 33138 — MLS photo

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1019 NE 87th St, Miami, FL 33138

Active · SingleFamilyResidence

$2,200,000

1019 NE 87th St, Miami, FL 33138

Beds
5
Baths
4
Living area
2,368 sq ft
$ / sq ft
$929/sq ft
Year built
1953
Lot size
8,370 sq ft
HOA fee
—
Annual tax
—

About this property

Beautiful 5 bedroom, 3.5 bath furnished home with amazing outdoor space completely recently renovated. Outdoor space includes an outdoor kitchen, BBQ and bar along with a covered patio lounge, heated pool, basketball hoop, outdoor dining table, ping pong table, and other games. The home is completely walled in for privacy and extra security. Close to Miami Shores Country Club, Wynwood, and beaches. Must see. Great for family. Legal Airbnb location. Actual size of the home may be larger than tax rolls.

Property location

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1019 NE 87th St, Miami, FL 33138

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Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
2,368 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Lot size
8,370 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11875888
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

-$5,915

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
5.6%
Mortgage payment
$10,429/mo
Down payment
$550,000
Loan amount
$1,650,000
Annual NOI
$54,170

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