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Waterfront Luxury, Multi-Generational Living & Exceptional Space. All in One Remarkable Home! At the heart of the home is a large open-concept kitchen featuring granite countertops, abundant cabinetry, a breakfast bar. Upstairs, you'll discover: Private waterfront terrace, two spacious closets, Oversized spa-inspired bathroom, Separate toilet room with bidet, Large walk-in The original double garage has been professionally converted (with permits and completed inspections) into a fully functional private living suite. Designed with privacy in mind, it includes: Private exterior entrance, Bedroom with closet, Kitchenette with sink, Full bathroom with shower, Additional interior room. Perfect for multigenerational living, extended family, guests, a home office, or potential rental income, this fully legal and permitted space. Parking accommodates approximately 10 vehicles, Step outside waterfront backyard overlooking a peaceful. Property Highlights: Waterfront lake views, Massive primary suite with private terrace, 5 bedrooms in main home configuration. Fully permitted private apartment-style suite, Multiple living and entertaining spaces. Open-concept kitchen with granite countertops. Two-story grand entrance with abundant natural light. Approximately 10 parking spaces. Low-maintenance backyard with extensive outdoor living potential. Income-producing possibilities. IMPACT WINDOWS AND DOORS
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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.
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