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Single Family Residence
$530,000$393 / sqft
115 NE 205th Ter, Miami Gardens FL 33179
Listed
3
Bedrooms
1
Bathrooms
1,350 sqft
Interior
1969
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully remodeled property featuring modern upgrades and a spacious 7,500 sq. ft. lot with a large backyard offering endless possibilities for outdoor living, entertaining, gardening, or creating your own private oasis. This move-in-ready home has been thoughtfully updated throughout, combining style, comfort, and functionality. Major improvements include a brand-new roof installed in 2026 and a new water heater installed in 2026, providing added value and peace of mind. The property also features impact-resistant windows and doors for enhanced protection and security. Enjoy the benefits of a fully remodeled home with updated finishes and a fresh, modern feel. The expansive backyard provides plenty of room for family gatherings, outdoor activities, or future landscaping ideas. Whether you are looking for your dream home or an excellent investment opportunity, this property is a must-see. Don’t miss the chance to own a beautifully updated home with significant improvements already completed. Schedule your showing today!
Features
- First Floor Entry
- Attic
- None
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.
Location
Approximate — shows the building, not the unit.
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.