11490 W Biscayne Canal Road, Miami, FL 33161 — MLS photo

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11490 W Biscayne Canal Road, Miami, FL 33161

Active · SingleFamilyResidence

$1,049,900

11490 W Biscayne Canal Road, Miami, FL 33161

Beds
3
Baths
3
Living area
2,589 sq ft
$ / sq ft
$406/sq ft
Year built
1953
Lot size
18,048 sq ft
HOA fee
—
Annual tax
—

About this property

Just shy of half an acre, this rare corner lot opportunity doesn't come around often! The interior is completely dialed in with high-end finishes throughout. Features include impact windows and doors, recessed lighting, top-of-the-line stainless steel appliances, polished porcelain tile flooring, modern 5.5-inch baseboards, quartz kitchen countertops, custom cabinetry, and a sleek designer backsplash. The bathrooms have been fully customized with premium finishes, offering a truly elevated feel. The property also includes a private electric gate in the rear, providing secure space to park vehicles, boats, and/or RVs inside the property. Conveniently located just 16 minutes from Miami International Airport and 19 minutes from Downtown Miami. Just shy of half an acre, this rare corner lot opportunity doesn't come around often! The interior is completely dialed in with high-end finishes throughout. Features include impact windows and doors, recessed lighting, top-of-the-line stainless steel appliances, polished porcelain tile flooring, modern 5.5-inch baseboards, quartz kitchen countertops, custom cabinetry, and a sleek designer backsplash. The bathrooms have been fully customized with premium finishes, offering a truly elevated feel. The property also includes a private electric gate in the rear, providing secure space to park vehicles, boats, and/or RVs inside the property. Conveniently located just 16 minutes from Miami International Airport and 19 minutes from Downtown Miami.

Property location

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11490 W Biscayne Canal Road, Miami, FL 33161

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,589 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1953
Lot size
18,048 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
B26013546
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

-$460

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.9%
Gross yield
8.6%
Mortgage payment
$4,977/mo
Down payment
$262,475
Loan amount
$787,425
Annual NOI
$54,211

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