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Single Family Residence
$565,000$453 / sqft
1046 Jann Ave, Opa-Locka FL 33054
Listed
5
Bedrooms
3
Bathrooms
1,248 sqft
Interior
1930
Year built
None
HOA
Single Family Residence
Type
About this home
A must-see corner-lot home featuring 5 bedrooms and 3 bathrooms, beautifully remodeled with new vinyl flooring, fully updated bathrooms, and a modern open-concept kitchen with solid wood cabinets and quartz countertops. The property includes new LED recessed lighting throughout and a new roof. Conveniently located on a quiet corner, offering exceptional privacy and value. Seller financing available! The home’s layout also provides flexible design with potential for creating an efficiency, subject to applicable zoning and permitting requirements. The renovation permitting process is currently underway. The submitted plans, including electrical, mechanical, and structural components, have already been approved, and the project is presently in the initial inspection stage. The Seller anticipates that the permit will be finalized and closed prior to closing, subject to completion of all required inspections and final municipal approval.
Features
- Other
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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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–$20,000.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.