280 NE 48th Ter, Miami, FL 33137 — MLS photo

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280 NE 48th Ter, Miami, FL 33137

Active · SingleFamilyResidence

$1,550,000

280 NE 48th Ter, Miami, FL 33137

Beds
5
Baths
3
Living area
1,682 sq ft
$ / sq ft
$922/sq ft
Year built
1959
Lot size
6,500 sq ft
HOA fee
—
Annual tax
—

About this property

Discover a remarkable property in thriving neighborhood at the heat of Miami design district, just a block away from Wynwood. This spacious home feature 5 bedrooms and 3 bathrooms, along with a huge backyard filled with mongo and avocado trees. Perfect for fruit lovers when the season arrives! Situated in a prime location, this property is conveniently close to downtown Miami, about 10 minutes from south beach , approximately 15 minutes from Miami International Airport, and less than 10 minutes to the seaport of Miami. Don't miss out on this opportunity, Contact the listing agent for an easy showing.

Property location

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280 NE 48th Ter, Miami, FL 33137

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Facts & features

Interior

Bedrooms
5
Bathrooms
3
Living area
1,682 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1959
Lot size
6,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11995084
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

-$4,145

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.5%
Gross yield
5.6%
Mortgage payment
$7,348/mo
Down payment
$387,500
Loan amount
$1,162,500
Annual NOI
$38,432

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