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Single Family Residence at 1961 NE 188th St, Miami FL 33179Active
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Waterfront · Single Family Residence
$2,150,000$656 / sqft

1961 NE 188th St, Miami FL 33179

5
Bedrooms
4
Bathrooms
3,275 sqft
Interior
1964
Year built
None
HOA
Single Family Residence
Type

About this home

A singular lakefront residence on the most prestigious and sought-after Greynolds Lake, the only one of its kind in the entire community, commanding an oversized waterfront lot with uninterrupted sunset-facing vistas. Elevated living unfolds through a welcoming foyer into expansive, sunlit interiors wrapped in serene water views. Nearly 4,000 SF across two stories showcases a harmonious blend of scale, privacy, and impossible-to-replicate positioning. The grand living areas transition effortlessly to a covered patio and a generous lakefront deck, creating a seamless indoor–outdoor flow ideal for tranquil evenings and effortless entertaining. Five well-appointed bedrooms and 3.5 refined baths include an upper-level primary suite with a Juliette balcony framing the shimmering lake, a daily reminder of the rarity at hand. Impact windows and doors, an A/C garage, updated interiors, fresh exterior enhancements, and the community’s most coveted no-traffic street complete this unmatched offering.

Features

  • First Floor Entry
  • Florida Room
  • Maid/In-Law Quarters
  • Utility/Laundry In Garage
  • Lake

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$10,872

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$10,872
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Botbol Realty Group, LLC.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.