990 NE 72nd Ter, Miami, FL 33138 — MLS photo

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990 NE 72nd Ter, Miami, FL 33138

Active · SingleFamilyResidence

$1,449,000

990 NE 72nd Ter, Miami, FL 33138

Beds
2
Baths
2
Living area
1,720 sq ft
$ / sq ft
$842/sq ft
Year built
1942
Lot size
6,619 sq ft
HOA fee
—
Annual tax
—

About this property

Feel instantly on vacation in this private tropical retreat in guard-gated Belle Meade, where multimillion-dollar homes add to the neighborhood’s appeal. The pool, tiki-style covered terrace, and lush greenery create the feeling of your own secluded resort. This inviting 2-bedroom, 2-bath home features an updated kitchen with stainless steel appliances, spacious living and dining areas, and a separate family room. Wood accents, updated bathrooms, and French doors opening to the pool bring warmth and easy indoor-outdoor living. Dense landscaping provides exceptional privacy around the pool, while the generous thatched-roof terrace offers shaded space for dining, lounging, and entertaining. A fenced yard and gated driveway with tandem parking for two cars complete the setting. The converted garage provides additional air-conditioned space for storage, a studio, or a home office. Roof replaced in 2018. Convenient access to the Design District, MiMo restaurants, and Miami Beach. Furniture included in the asking price; sale without furniture is negotiable.

Property location

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990 NE 72nd Ter, Miami, FL 33138

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,720 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1942
Lot size
6,619 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12107850
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

-$3,636

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
5.9%
Mortgage payment
$6,869/mo
Down payment
$362,250
Loan amount
$1,086,750
Annual NOI
$38,801

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