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Waterfront · Townhouse
$520,000$250 / sqft
723 NE 195th St, Miami FL 33179
Listed
3
Bedrooms
3
Bathrooms
2,080 sqft
Interior
1993
Year built
$644 / mo
HOA
Townhouse
Type
About this home
NEWER ROOF, AC AND WATER HEATER! Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom waterfront townhome in an exclusive boutique community of just 36 homes! Beautiful flooring throughout complements the spacious living and dining areas, while large windows fill the home with natural light. The kitchen features white cabinetry and granite countertops, offering a bright and inviting space to cook and entertain. Step outside to a spacious deck overlooking the water and enjoy your own private lake dock—the perfect setting to relax and soak in the peaceful surroundings. Two-car driveway add convenience and value. Ideally located near Aventura Mall, shopping, schools, and the beach, this home is a wonderful option for a primary residence, vacation getaway, or investment, with rentals permitted twice per year.
Features
- First Floor Entry
- Built-in Features
- French Doors
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Open Balcony
- Garden View
- Lake
Leasing
- Minimum lease
- 90 days
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 $2,650–$3,300.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.