18240 NE 8th Ave, North Miami Beach, FL 33162 — MLS photo

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18240 NE 8th Ave, North Miami Beach, FL 33162

Active · SingleFamilyResidence

$989,000

18240 NE 8th Ave, North Miami Beach, FL 33162

Beds
3
Baths
2
Living area
2,231 sq ft
$ / sq ft
$443/sq ft
Year built
1962
Lot size
8,855 sq ft
HOA fee
—
Annual tax
$2,900

About this property

Beautiful move-in ready home located in the highly desirable Pickwick Lake Estates, a quiet neighborhood with a single entrance and exit that offers added privacy and a private lake, all with no HOA. This spacious home features 3 bedrooms, plus an additional bedroom and a private mother-in-law suite with its own full bathroom, separate entrance, and access to a private patio. The bright and modern interior boasts granite countertops, stainless steel appliances, an inviting layout, and has been recently painted throughout the interior, giving the home a fresh, clean feel. The home also features a convenient indoor laundry room and garage. Recent updates include a washer and dryer (2023), water heater (2022), stove and microwave (2023), dishwasher (2025), roof (2019)and AC (2021). Step outside to a beautiful oversized backyard featuring a sparkling pool, a swing set purchased in 2023 and plenty of space for entertaining, gardening, or future expansion. Lovingly maintained by the same owner for the past 45 years, this home has been exceptionally cared for and is truly move-in ready. Conveniently located just 15 minutes from the beach, 10 minutes from Aventura Mall, close to houses of worship, shopping, dining, parks, and major highways, and best of all, not located in a flood zone.

Property location

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18240 NE 8th Ave, North Miami Beach, FL 33162

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,231 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Microwave
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Other

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1962
Lot size
8,855 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence
Pool
In Ground, Pool
View
None

Parking

Garage spaces
2
Covered spaces
2
Parking features
Driveway

HOA, Community & Financials

Security
Gated Community
Annual tax
$2,900
Subdivision
PICKWICK LAKE ESTS SEC 2
County
Miami-Dade
Days on market
142
MLS listing ID
A12030478
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

$555

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.4%
Gross yield
8.2%
Mortgage payment
$4,688/mo
Down payment
$247,250
Loan amount
$741,750
Annual NOI
$62,926

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