1261 NW 45th St, Miami, FL 33142 — MLS photo

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1261 NW 45th St, Miami, FL 33142

Active · SingleFamilyResidence

$545,000

1261 NW 45th St, Miami, FL 33142

Beds
3
Baths
2
Living area
1,340 sq ft
$ / sq ft
$407/sq ft
Year built
1940
Lot size
5,000 sq ft
HOA fee
—
Annual tax
—

About this property

Completely remodeled 3-bedroom, 2-bathroom home with a versatile additional room—ideal as a Florida room, den, or home office—located in one of Miami’s fastest-growing and centrally positioned neighborhoods. This home has been fully upgraded from top to bottom, featuring a new roof, impact windows, and a brand-new HVAC system—offering long-term value and peace of mind. Inside, the open-concept layout is finished with oversized tile flooring throughout, creating a clean, modern flow perfect for both everyday living and entertaining. The kitchen is equipped with stainless steel appliances, including a refrigerator, stove, dishwasher, and micro-vent. The spacious primary suite includes a large walk-in closet and a beautifully designed ensuite bathroom with a walk-in shower and contemporary vanity. All bedrooms are generously sized, ideal for a growing family or flexible living arrangements. Location is everything—and this home delivers. Centrally located just minutes from Miami’s most in-demand areas, including Wynwood, Downtown Miami, Brickell, and Miami Design District. Enjoy quick access to major highways, making commuting and city living seamless. This area is experiencing strong redevelopment and appreciation, making it an excellent opportunity for both homeowners and investors looking to be near Miami’s urban core without paying premium prices. Move-in ready and competitively positioned—seller is offering assistance with closing costs.

Property location

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1261 NW 45th St, Miami, FL 33142

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,340 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1940
Lot size
5,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11996200
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

-$245

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.9%
Gross yield
8.6%
Mortgage payment
$2,584/mo
Down payment
$136,250
Loan amount
$408,750
Annual NOI
$28,069

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