12945 Cherry Rd, North Miami, FL 33181 — MLS photo

Get More Info About This Property

12945 Cherry Rd, North Miami, FL 33181

Active · SingleFamilyResidence

$2,475,000

12945 Cherry Rd, North Miami, FL 33181

Beds
4
Baths
3
Living area
2,143 sq ft
$ / sq ft
$1,155/sq ft
Year built
1955
Lot size
8,664 sq ft
HOA fee
—
Annual tax
—

About this property

Beautiful Waterfront property located in the highly sought out gated community of Keystone Point! Corner home featuring a great spacious layout with tons of natural light, renovated bathrooms, shiny pristine well maintained terrazo floors, spacious kitchen, large pool, 1 car garage, large driveway with plenty of parking, dock for your boat with direct access to Biscayne Bay and Haulover Inlet in minutes! No fixed bridges. Great location centrally located near Bal Harbor, Aventura Mall, restaurants, beaches, grocery stores, and more. Whether you’re a home buyer seeking to create your forever home or an investor looking for your next project, this property delivers outstanding potential in an exceptional location. Don’t miss this rare chance to invest in a high-demand area with strong future value.

Property location

Get Directions

12945 Cherry Rd, North Miami, FL 33181

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,143 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1955
Lot size
8,664 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11964843
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

-$7,498

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-13.0%
Gross yield
5.2%
Mortgage payment
$11,733/mo
Down payment
$618,750
Loan amount
$1,856,250
Annual NOI
$50,821

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