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Single Family Residence
$1,147,000$515 / sqft
940 NE 117th St, Biscayne Park FL 33161
Listed
3
Bedrooms
2
Bathrooms
2,227 sqft
Interior
1963
Year built
None
HOA
Single Family Residence
Type
About this home
Amazing find and great value! Nestled on a tree-lined street between $3mil-$6mil-dollar homes...this LARGE sprawling ranch-style home boasts high vaulted ceilings in the living room and an refreshing OPEN floor plan with HUGE rooms. Beautiful NEW SWIMMING POOL and large tiled patio perfect for ENTERTAINING GALORE! The 6-foot fenced yard offers privacy and plenty of area to play and relax. LOTS of NEW features also include NEW central Air Conditioning + mostly NEW plumbing + ALL New electric service and wiring throughout the house! NEW septic system and drain field conveniently located in the front yard. 3 bedrooms and 2 full bathrooms PLUS 1 car garage. The Primary Bedroom includes an en suite bathroom. This is ready for your personal touch --
Features
- First Floor Entry
- Family Room
- Florida Room
- Utility/Laundry In Garage
- Lighting
- Garden
- Pool
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.
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.