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Single Family Residence
$925,000$411 / sqft
1020 NE 179th St, North Miami Beach FL 33162
Listed
3
Bedrooms
2
Bathrooms
2,252 sqft
Interior
1957
Year built
None
HOA
Single Family Residence
Type
About this home
Rare opportunity for an investor, builder, or homeowner in a desirable North Miami Beach location! This approximately 2,600 SF single-family residence offers tremendous potential for a complete luxury renovation or a full knockdown and new construction project. Plans have been prepared for a proposed modern 6-bedroom, 4-bathroom renovation, featuring oversized windows and glass doors, seamless indoor-outdoor living, a pool, outdoor kitchen, and covered entertaining areas. For those looking to start fresh, the property also presents an excellent knockdown/new-construction opportunity, providing the flexibility to renovate the existing home or create a brand-new custom residence. Property is being sold as-is. Plans have not yet been approved by the city. A unique opportunity with multiple possibilities to renovate, rebuild, or create your dream home. Contact listing agent for additional information regarding the proposed renovation plans and development opportunity to make this home yours!
Features
- First Floor Entry
- Family Room
- Florida Room
- Lighting
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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.