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Single Family Residence
$4,399,000$1,112 / sqft
1001 NE 96th St, Miami Shores FL 33138
Listed
5
Bedrooms
4
Bathrooms
3,955 sqft
Interior
2010
Year built
None
HOA
Single Family Residence
Type
About this home
A rare Miami Shores offering, this gated Spanish Mediterranean residence pairs timeless architectural character with sophisticated modern luxuries and the exceptional versatility of a two-dwelling compound. The main home is accompanied by a detached 1-bed, 1-bath guest house, creating two legal residences on one property—a rare configuration that cannot be recreated under today’s building regulations. Inside, classic Mediterranean character is complemented by thoughtful modern updates, with beautifully appointed living spaces, a striking floating marble fireplace, and a natural connection to the surrounding grounds. The chef’s kitchen features custom teak cabinetry, marble countertops, premium appliances, and a generous breakfast banquette. The spacious primary suite includes a private terrace and spa-inspired bath. Unmatched outdoor living w/ 2 lanais and an upper terrace, each featuring its own outdoor kitchen/BBQ area. A 50-ft pool anchors the lushly landscaped grounds accompanied by a sauna. Grand stairways connect the upper terrace to the pool deck below, while a full wet bar creates an elevated setting for soaking in picture-perfect sunsets. Additional features include an air-conditioned 2-car garage, gated side parking, EV charging, whole-home municipal gas generator, Control4 smart-home tech, & rare duplex zoning. A distinctive MShores estate offering privacy, character, & the uncommon flexibility of a true two-home compound. Chandeliers might be excluded
Features
- First Floor Entry
- Second Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$19,750.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.