15200 SW 109 ave, Miami, FL 33157 — MLS photo

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15200 SW 109 ave, Miami, FL 33157

Active · SingleFamilyResidence

$685,000

15200 SW 109 ave, Miami, FL 33157

Beds
3
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
1974
Lot size
11,900 sq ft
HOA fee
—
Annual tax
$8,493

About this property

Welcome to an opportunity to enjoy the Florida lifestyle without the restrictions of a Home Owners Association. Say goodbye to long commutes; this property is centrally located and close to the Metro Zoo and the Florida Turnpike. Newly renovated property with beautiful SPF laminate flooring throughout and porcelain floors and walls in the bathrooms. Beautiful bathrooms - new shower, tub, toilets, faucets, vanities and lit mirrors. Totally renovated kitchen with all new stainless steel appliances and quartz counter-top. House is freshly painted inside and out with a creamy white or an expansive feeling. The land is oversized at nearly 12,000 square feet. There is also a concrete shed for storage and a screened-in back porch for year-round entertaining. Given the economy and the use of additional dwelling units, (ADU), this property could be expanded to accommodate your family or your investor instinct. There is a driveway that is so long it can accommodate your boat and several cars. All this property needs is YOU!

Property location

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15200 SW 109 ave, Miami, FL 33157

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Flooring
Laminate
Appliances
Some Gas Appliances, Dishwasher, Disposal, Gas Range, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Dining Area, Separate Formal Dining Room, First Floor Entry, Living Dining Room, Shower Only
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1974
Lot size
11,900 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
Block, Stucco
Exterior features
Awnings, Enclosed Porch, Fence, Fruit Trees, Lighting, Patio, Shed, Storm Security Shutters
Pool
None
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Driveway, Garage, Rv Access Parking

HOA, Community & Financials

Annual tax
$8,493
Subdivision
Fairway Estate
County
Miami-Dade
Days on market
79
MLS listing ID
A11968967
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

-$963

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.0%
Gross yield
6.6%
Mortgage payment
$3,247/mo
Down payment
$171,250
Loan amount
$513,750
Annual NOI
$27,406

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