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Welcome to the Shenandoah Historic District, where Miami history, architecture, and modern convenience come together. Located just 2 miles from Downtown Miami and the Brickell Financial District, this charming 6-bed, 4-bath Old Spanish-style home offers exceptional character, flexibility, and income potential. The light-filled main residence features an open floor plan, updated kitchen, laundry room, and beautiful Spanish architectural details, including a stucco exterior, arched doorways and windows, and a spacious front porch. Recent upgrades include impact windows, a new roof, updated plumbing, and a new AC, providing the comfort of modern improvements while preserving the character of this historic property. Adding to its versatility is the detached cottage-duplex, or “Casitas,” in the rear. With two separate 1-bed/1-bath units, each with its own entrance and gated parking, the Casitas offer an excellent opportunity for rental income, guests, home office, multigenerational living, or a combination of personal use and income generation. The spacious backyard provides plenty of room for entertaining and offers exciting potential to create your own private Miami oasis. Ideally located near Calle Ocho and its renowned restaurants, bars, museums, and famous Domino Park, this property offers the opportunity to live, invest, and generate income in one of Miami’s most historic and centrally located neighborhoods. A truly versatile property with endless possibilities.
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 6-bed rentals across Miami-Dade, from 58 active listings; the middle half ask $12,000–$45,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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