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Single Family Residence
$2,350,000$693 / sqft
937 NE 171st St, Miami FL 33162
Listed
7
Bedrooms
5
Bathrooms
3,392 sqft
Interior
1960
Year built
None
HOA
Single Family Residence
Type
About this home
WOW! 6-BEDROOM / 4-BATH HOME + SEPARATE 1-BEDROOM GUEST HOUSE! A truly unique, one-of-a-kind property in North Miami Beach featuring a large main residence, a separate guest house with 1 bedroom, living room, bath, creating the opportunity to own nearly 30,000 SF of land in an incredible NMB location, literally steps from the area's houses of worship. Enter through the private gated entrance and discover a hidden oasis surrounded by mature trees and lush landscaping. The main home offers exceptional indoor-outdoor living, with an oversized covered patio stretching the entire length of the home and a massive second-floor open porch—perfect for relaxing, entertaining, or enjoying the stars. Inside, the home features Anderson impact windows and doors, a large chef's kitchen, and a spiral staircase leading to a cozy loft. An Italian tile roof adds character, while the impressive double-height ceilings offer potential for future second-floor expansion. The property sits on a generous 14,816 SF lot, providing plenty of space, privacy, and possibilities. The detached guest house offers its own bedroom, living room, bathroom, dining room, and kitchen, making it ideal for guests, extended family, or additional living space. With the option to acquire the adjoining 14,476 SF lot, this property presents a rare opportunity to create a massive nearly 30,000 SF private estate in North Miami Beach, just steps from multiple houses of worship.
Features
- First Floor Entry
- Other
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$11,883
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 7-bed rentals across Miami-Dade, from 20 active listings; the middle half ask $21,000–$70,000.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.