ActivePhoto 1 of 13
Listed
Investor's Dream on a Massive Lot in the Most Prestigious Area of Miami Shores Rare opportunity to build your dream mansion on an oversized lot in the highly sought-after side of Miami Shores (east of Biscayne Boulevard). Located at the end of a quiet street with only two homes, this property offers exceptional privacy, tranquility, and endless potential. Surrounded by lush greenery, the existing ranch-style home has already undergone major upgrades, including new PGT impact windows and doors, a new roof, updated electrical, and new plumbing. The hard work has been done—now it's ready for your personal vision and finishing touches. The spacious layout features an oversized primary suite on the second floor, a charming cottage-style room, and generously sized bedrooms and bathrooms throughout. Whether you're looking to renovate, expand, or create a custom luxury estate, this property presents a unique opportunity in one of Miami Shores' most desirable neighborhoods. A true value-add property with unlimited potential in a premier location. -DO NOT DISTURB-
Approximate — shows the building, not the unit.
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.
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.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Request a private or video tour with a local agent.