551 NE 159th St, Miami, FL 33162 — MLS photo

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551 NE 159th St, Miami, FL 33162

Active · SingleFamilyResidence

$369,028

551 NE 159th St, Miami, FL 33162

Beds
4
Baths
2
Living area
1,364 sq ft
$ / sq ft
$271/sq ft
Year built
1946
Lot size
7,080 sq ft
HOA fee
—
Annual tax
$0

About this property

*United States Bankruptcy court ordered sale*. 15 Day Closing and Cash offers only, Subject to Court Approval. “Part of a 70 Unit Rental Portfolio that can be purchased together or by group/loan pool". List price is from 2026 Market Value from Miami Dade County Property Appraiser records. Must be bought with 2740 W 61st pl #201, Hialeah (Dade Cty Value $206,096) & 7709 W 36th Ave #6 (Dade Cty Value $257,595).  Photos and video available for each. Welcome to 551 NE 159th St and this Single Family Home w/ no HOA, NEW AC 2024, 4 bed 2 bath, 1364 sq ft, on 7080 sq ft lot, newer pitched Shingle roof, tile floors throughout, Granite countertops, circular driveway.

Interior & exterior features

Appliances

  • Dishwasher
  • Electric Range
  • Refrigerator

Cooling

  • Central Air
  • Electric

Heating

  • Central
  • Electric

Views

  • Garden

Parking

  • Circular Driveway

Interior features

  • Bedroom On Main Level
  • First Floor Entry

Exterior features

  • Other

Pool

  • None

Flooring

  • Tile

roof

  • Shingle

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

$1,158

Cap rate
9.5%
Net yield
9.5%
Cash-on-cash return
13.5%
Gross yield
11.3%
Mortgage payment
$1,749/mo
Down payment
$92,257
Loan amount
$276,771
Annual NOI
$34,893

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