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Waterfront · Single Family Residence
$550,000$359 / sqft
13205 NE 2nd Ave, North Miami FL 33161
Listed
3
Bedrooms
2
Bathrooms
1,532 sqft
Interior
1960
Year built
None
HOA
Single Family Residence
Type
About this home
Waterfront 3BR/2BA single-family home situated on a spacious 10,140 SF lot in North Miami. This property presents a great renovation opportunity for an owner-user or investor looking to customize a home in a convenient location. Spacious living areas, large windows, and a generous lot with waterfront exposure. Property needs work and is being sold in its current condition. Conveniently located near shopping, dining, parks, schools, major highways, Biscayne Boulevard, and Oleta River State Park. Easy access to Aventura, Miami Shores, and Miami Beach
Features
- First Floor Entry
- Family Room
- Other
- Canal
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,781
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,781
- HOA
- None
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.