16301 NW 32nd Ave, Miami Gardens, FL 33054 — MLS photo

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16301 NW 32nd Ave, Miami Gardens, FL 33054

Active · SingleFamilyResidence

$689,900

16301 NW 32nd Ave, Miami Gardens, FL 33054

Beds
4
Baths
2
Living area
1,345 sq ft
$ / sq ft
$513/sq ft
Year built
1955
Lot size
15,750 sq ft
HOA fee
—
Annual tax
$11,827

About this property

RENT TO BUY!!! DOUBLE LOT!! Home directly across from St. Thomas University! Discover the potential in this spacious 4/3 home perfectly situated on a rare DOUBLE CORNER LOT totaling 15,750 SQFT, incredible opportunity for homeowners or investors! Potential to split the folio & build an additional home, this property offers endless possibilities for expansion, rental income, or multi-generational living. The oversized lot, prime location, & redevelopment potential make this a unique investment opportunity w/tremendous upside. Featuring a large living room, open-concept kitchen, beautifully bathrooms, & modern finishes throughout. New roof, A/C, impact windows, doors, tankless water heater, & more. Located right off 826 North, w/quick access to major highways, shopping, schools, & local amenities. Walking distance to Pace Senior High School. POTENTIAL 2027 PROPERTY TAX SAVINGS FOR OWNER-OCCUPANTS! If Florida Amendment 3 is approved by voters, qualified Homestead owners may be eligible for increased non-school Homestead tax benefits beginning in 2027. Buyer must qualify & should independently verify eligibility, exemptions & estimated taxes w/the Miami-Dade Property Appraiser. Don’t miss your chance to turn this hidden gem into your next success story! Information provided is deemed to be accurate; however, it is the Buyer’s responsibility to independently verify all information, including zoning, folio split potential, permits, dimensions, & future use. SEE BROKERS REMARKS

Property location

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16301 NW 32nd Ave, Miami Gardens, FL 33054

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
1,345 sq ft
Flooring
Tile, Vinyl
Appliances
Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1955
Lot size
15,750 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
Pool
None
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Annual tax
$11,827
Subdivision
PINE TREE PARK
County
Miami-Dade
Days on market
148
MLS listing ID
A12021507
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

-$772

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-4.8%
Gross yield
7.5%
Mortgage payment
$3,270/mo
Down payment
$172,475
Loan amount
$517,425
Annual NOI
$29,978

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