1615 NE 196th Street, Miami, FL 33179 — MLS photo

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1615 NE 196th Street, Miami, FL 33179

Active · SingleFamilyResidence

$2,195,000

1615 NE 196th Street, Miami, FL 33179

Beds
5
Baths
5
Living area
3,385 sq ft
$ / sq ft
$648/sq ft
Year built
2001
Lot size
7,272 sq ft
HOA fee
$1,301
Annual tax
—

About this property

Located in the prestigious Presidential Estates, this stunning 5-bedroom, 4.5-bath residence has been completely renovated with the finest finishes and impeccable attention to detail. The home features a spectacular Miacucina gourmet kitchen, thoughtfully designed for both everyday living and elegant entertaining. Italian design elements elevate the interior, including custom closets, spa-inspired bathrooms, and sleek interior doors that create a cohesive, modern aesthetic throughout. Step outside to your private resort-style oasis. Enjoy a heated pool with a cascading waterfall and wet deck, perfect for relaxing or entertaining. The outdoor space is fully equipped with a built-in barbecue, refrigerator, and wet bar, making it ideal for gatherings year-round. A custom-built sound system seamlessly integrates throughout the interior and extends to the patio and pool area, delivering a premium audio experience inside and out. This exceptional property blends luxury, comfort, and sophisticated design in one of the area’s most desirable communities. Master Bedroom in ground floor.

Property location

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1615 NE 196th Street, Miami, FL 33179

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
3,385 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2001
Lot size
7,272 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,301
County
Miami-Dade
MLS listing ID
A11972586
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

-$5,546

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
6.6%
Mortgage payment
$10,405/mo
Down payment
$548,750
Loan amount
$1,646,250
Annual NOI
$58,311

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