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Waterfront · Single Family Residence
$1,435,000$470 / sqft
8981 NW 161st Ter, Miami Lakes FL 33018
Listed
5
Bedrooms
4
Bathrooms
3,050 sqft
Interior
2018
Year built
$198 / mo
HOA
Single Family Residence
Type
About this home
Welcome to this beautifully remodeled lakefront home in the prestigious gated community of Satori at Miami Lakes. Offering 5 bedrooms, 3.5 baths, over 3,000 Sq. Ft. of living space, and an impressive oversized 8,250 sq. Ft. lot. Thoughtfully upgraded with custom cabinetry and built-ins, stylish finishes, and exceptional attention to detail. The backyard is a true South Florida retreat featuring a new pergola, saltwater pool, expansive artificial turf, and a beautifully designed walkway. Immaculately maintained and truly move-in ready, this home offers the perfect combination of space, style, comfort, and functionality. Conveniently located near top-rated schools, shopping, dining, parks, and major highways, this move-in-ready home offers the perfect blend of luxury, comfort, and convenience. Even more impressive in person!
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Walk-In Closet(s)
- Attic
- Den/Library/Office
- Family Room
- Garage Converted
- Utility Room/Laundry
- Barbeque
- Built-In Grill
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.