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Single Family Residence
$975,000$467 / sqft
7873 SW 161st Pl, Miami FL 33193
Listed
5
Bedrooms
3
Bathrooms
2,087 sqft
Interior
1993
Year built
$58 / mo
HOA
Single Family Residence
Type
About this home
Experience modern luxury in this newly renovated, turnkey, move-in-ready two-story 5-bedroom, 3-bathroom home in the desirable Lago Mar community, showcasing high-end finishes, sophisticated design, and exceptional attention to detail. All renovations were completed with permits. Highlights include Spanish porcelain tile flooring, a designer European kitchen with LIOHER cabinetry, waterfall quartz island, stainless steel appliances, beautifully renovated bathrooms, and two contemporary LED fireplaces. Gas appliences. Major upgrades include a newer barrel roof, New hurricane-impact windows and doors, New heated saltwater pool, sprinkler system, clothes washer and dryer, water heater, updated electrical panels, oversized permitted driveway accommodating 8+ vehicles, new fencing, well pump and sprinkler system. Enjoy smart-home features, tempered glass railings, a turfed backyard, marble pavers, covered terrace, and a large two-car garage. A stunning blend of luxury, comfort, and modern living!
Features
- First Floor Entry
- Built-in Features
- Den/Library/Office
- Family Room
- Garden
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.