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Waterfront · Single Family Residence
$1,000,000$929 / sqft
15130 S River Dr, Miami FL 33169
Listed
2
Bedrooms
1
Bathrooms
1,076 sqft
Interior
1949
Year built
None
HOA
Single Family Residence
Type
About this home
Discover the possibilities of this charming 2-bedroom, 1-bathroom home with a versatile extra room, situated on an extraordinary 51,500-square-foot waterfront lot. While the existing home offers comfortable living space and flexibility, the true gem of this property is the expansive lot and its incredible potential. Imagine creating your dream estate, designing a large custom home, and taking advantage of the beautiful waterfront setting. Whether you’re looking to renovate the existing residence or build something truly spectacular, this property presents a rare opportunity to create a one-of-a-kind waterfront retreat. With generous land, desirable water frontage, and endless possibilities, this is an exceptional property for homeowners, builders, or investors looking to bring their vision to life. Don’t miss the chance to transform this remarkable piece of Miami real estate into something extraordinary!
Features
- First Floor Entry
- Storage
- Fruit Trees
- Room For Pool
- Garden
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
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 2-bed rentals across Miami-Dade, from 158 active listings; the middle half ask $2,400–$3,900.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.