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Single Family Residence
$625,000$315 / sqft
1615 NW 127th St, North Miami FL 33167
Listed
3
Bedrooms
2
Bathrooms
1,981 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type
About this home
Expansive, open-concept pool home located on a beautiful tree-lined street in centrally located North Miami neighborhood. This home offers nearly 2,000 SqFt of interior living space on an 8,610 SqFt fully-fenced lot with electric gate entry, large driveway, and gorgeous backyard with newly updated 6-ft-deep pool (recently re-tiled + new pump & motor) and a lush green garden area with papaya & starfruit trees. The massive open kitchen was renovated in 2025 with new cabinets and countertop, two fridges, gas range, and large pantry. Other highlights include formal living & dining rooms, large primary bedroom w/ spacious walk-in closet, foyer entry, marble floors throughout, & recessed lighting throughout. Upgrades include new HVAC system, new washer/dryer, new tankless water heater, new sewer line, and barrel & flat roofs from 2017. Close to Ben Franklin Park, Oleander Park, Kiwanis Park, Thomas Sasso Pool & I-95. Currently structured as a 2-Bedroom, 2-Bath home, this property is ready for its next owner to enjoy!
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Walk-In Closet(s)
- Family Room
- Florida Room
- Storage
- Lighting
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.