Active · SingleFamilyResidence
$1,250,000
18715 NE 18th Ave, Miami, FL 33179
- Beds
- 5
- Baths
- 4
- Living area
- 3,815 sq ft
- $ / sq ft
- $328/sq ft
- Year built
- 1965
- Lot size
- 11,200 sq ft
- HOA fee
- —
- Annual tax
- $7,287
About this property
Very large house with 5 bed/3.5 bath house ready for your touch. Large living space for entertainment and family time. Large backyard for your play swing and kayaks. Rare opportunity located in the heart of Skylake. This spacious lake front home is in a highly desirable neighborhood. Here's your chance to own a 3,815 sqft house that's perfect for entertaining as it's nestled on an oversized lot (11,200 ft lot) with excess space for your dream pool with a beautiful view overlooking the lake. The massive master bedroom boasts 3 walk-in closets, and can easily be divided into 2 bedrooms. The house features a new roof installed in 2020. Investor and Airbnb Friendly. Located minutes of Aventura Mall, Sunny Isles, and easy access to the highways.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Water Heater
- Disposal
Cooling
- Central Air
- Ceiling Fans
Heating
- Central
Views
- Lake
Waterfront
- Lake Privileges
Parking
- Circular Driveway
Interior features
- Bedroom On Main Level
- First Floor Entry
Exterior features
- Fence
Pool
- None
Flooring
- Tile
roof
- Barrel
construction
- Block
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
$2,012
- Cap rate
- 7.6%
- Net yield
- 7.6%
- Cash-on-cash return
- 6.9%
- Gross yield
- 9.9%
- Mortgage payment
- $5,926/mo
- Down payment
- $312,500
- Loan amount
- $937,500
- Annual NOI
- $95,257
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.