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Single Family Residence
$725,000$483 / sqft
8816 NW 149th Terrace, Miami Lakes FL 33018
Listed
3
Bedrooms
2
Bathrooms
1,501 sqft
Interior
1993
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to your beautifully renovated 3-bedroom, 2-bathroom pool home (NO HOA!) located on a quiet street in Miami Lakes. This home has been thoughtfully updated throughout and is truly move-in ready. Marble porcelain floors flow throughout the home, connecting the living room, dining area, family room, and kitchen. French doors with sidelights open directly to the backyard with a covered lanai and pool, creating a great space for everyday living and entertaining. The kitchen is just one of the many highlights of the home, featuring quartz countertops, a large island with seating, a mosaic backsplash, built-in microwave/oven, glass-front wine refrigerator, and a (professional Viking stove) with stainless steel hood. Both bathrooms have been completely renovated, complementing the rest of the home. The primary bathroom features a large walk-in tiled shower with pebble-mosaic flooring, and a modern vanity. The primary bedroom also offers direct access to the pool along with a walk-in closet. The secondary bedrooms are open with plenty of space. Outside, enjoy your private, fully fenced backyard with a rectangular pool, tanning ledge, cool deck, covered patio, and string lights that set the vibe at night! Major updates have already been completed, including a 2020 roof, new flooring, renovated kitchen, renovated bathrooms, and new interior doors. Quiet street, private backyard, beautiful updates, no HOA, and nothing left to do but move in and enjoy.
Features
- First Floor Entry
- Attic
- None
Location
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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–$5,100.That is what landlords ask, not what units let for — edit it if you know better.
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Depends on assessed value & exemptions
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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.