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Waterfront · Single Family Residence
$3,990,000$1,366 / sqft
1942 NE 119th Rd, North Miami FL 33181
Listed
4
Bedrooms
5
Bathrooms
2,920 sqft
Interior
2010
Year built
$17 / mo
HOA
Single Family Residence
Type
About this home
PRIVACY AND EXCEPTIONAL OUTDOOR LIVING DEFINE THIS WATERFRONT HOME! Behind a private gated entrance, an expansive front driveway to PARK YOUR ENTIRE CAR COLLECTION, or recreational play. The backyard is a private resort featuring an oversized pool, jacuzzi, and a covered pergola with summer kitchen. Southwest exposure enhances this exceptional indoor-outdoor lifestyle. Inside, a bright, open floor plan features 4 bedrooms w/ terrace access and waterfront views. The chef's kitchen showcases a massive waterfall island, and premium Miele appliances w/ induction cooktop. 75' OF WATERFRONT, accommodating up to a 65' boat, shore power, no fixed bridges, quick ocean access, and a 2-jet-ski dry dock. Additional features include a 2-car garage, Tesla charger, 2 jet ski docking pad, impact windows and doors, water softener, and reverse osmosis system. Located in Sans Souci Estates, a gated community with a 24/7 police-manned guardhouse and neighborhood tennis courts. Minutes from beaches, Bal Harbour, Aventura, and the Design District. Also available for seasonal rental.
Features
- Bar
- Cooking Island
- Family Room
- Built-In Grill
- Canal
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.