1300 NE 203rd St, Miami, FL 33179 — MLS photo

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1300 NE 203rd St, Miami, FL 33179

Active · SingleFamilyResidence

$635,000

1300 NE 203rd St, Miami, FL 33179

Beds
3
Baths
2
Living area
2,530 sq ft
$ / sq ft
$251/sq ft
Year built
1954
Lot size
7,875 sq ft
HOA fee
—
Annual tax
$6,867

About this property

AMAZING INVESTMENT OPPORTUNITY! 6 BEDS / 4 BATHS SINGLE-FAMILY HOME IN THE DESIRABLE MANSIONETTE HOMES. GREAT LAYOUT FEATURING 2 SEPARATE BEDS FOR INCOME-PRODUCING RENTAL POTENTIAL, PLUS A VERY RARE BASEMENT FOR EXTRA SPACE or STORAGE. HUGE LOT WITH ROOM FOR A POOL or EXPANSION. STRATEGICALLY LOCATED MINUTES FROM AVENTURA, THE BEACHES, AND EXPRESSWAYS. PERFECT FOR SAVVY INVESTORS LOOKING FOR CASH FLOW OR A LARGE FAMILY HOME WITH PRIVATE GUEST SUITES. WILL NOT LAST! USE SHOWINGTIME.

Property location

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1300 NE 203rd St, Miami, FL 33179

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,530 sq ft
Flooring
Other, Tile
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Cooling
Other
Heating
Other
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1954
Lot size
7,875 sq ft
Architectural style
Detached, One Story
Roof
Other
Construction
Block
Exterior features
Barbecue
Pool
None
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway, Rv Access Parking

HOA, Community & Financials

Annual tax
$6,867
Subdivision
MANSIONETTE HOMES SEC 2
County
Miami-Dade
Days on market
5
MLS listing ID
A12027481
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

$1,717

Cap rate
8.9%
Net yield
8.9%
Cash-on-cash return
11.6%
Gross yield
11.9%
Mortgage payment
$3,010/mo
Down payment
$158,750
Loan amount
$476,250
Annual NOI
$56,728

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