Active · Residential
$2,400,000
8300 SW 48th St, Miami, FL 33155
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- 9,000 sq ft
- HOA fee
- —
- Annual tax
- $21,133
About this property
Don't miss this opportunity to build your dream home on Lake Catalina with a south exposure view. House can be remodeled and expanded (approved and open permits) or build your dream home while earning rental income thru plans and permitting process. Walking distance to Tropical Park. Situated in Olympia Heights, bordered roughly by SW 40th Street to the north and SW 87th Avenue to the west. A quiet, established residential community featuring single-family homes with calm water views. No Homeowners Association (HOA), offering property owners freedom with home maintenance and modifications. Quick access to major roadways like the Palmetto Expressway (SR 826) and Bird Road, lined with local shops, parks, and traditional eateries
Interior & exterior features
Views
- Lake
Waterfront
- Lake Front
- Lake Privileges
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
-$2,658
- Cap rate
- 4.4%
- Net yield
- 4.4%
- Cash-on-cash return
- -4.7%
- Gross yield
- 6.6%
- Mortgage payment
- $11,377/mo
- Down payment
- $600,000
- Loan amount
- $1,800,000
- Annual NOI
- $104,627
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.