All listings
Active
Active1 / 29
Photo 1 of 29
Waterfront · Single Family Residence
$2,350,000$1,151 / sqft
1220 NE 83rd St, Miami FL 33138
Listed
3
Bedrooms
2
Bathrooms
2,041 sqft
Interior
1970
Year built
None
HOA
Single Family Residence
Type
About this home
No fixed bridges and Deep Water. Enjoy views of the canal and bay from your patio.Great Shorecrest location just 15 minutes from DOWNTOWN Miami+Miami Beach + Miami Shores +79 St. Causeway and I-95. Waterfront property with three bedrooms, two bathrooms, a den, and a sunroom. The owner has also added a gazebo and a hot tub on the patio. Only a few BRIDGES to the OCEAN...from the back yard! The property has its own boat lift. Move-in ready..just bring your toothbrush! HUGE gleaming OPEN white kitchen(new cabinets+new appliances+custom lighting)...in the heart of this home! Brand-new bathrooms, Brand-new plumbing, Brand-new electric service, brand new custom lighting, brand new oversized patio to ENTERTAIN! 3rd bedroom has private entrance. Carport offers covered parking and plenty of parking for guests! "Waterway is high tide specific"
Features
- First Floor Entry
- Stacked Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- Other
- Utility Room/Laundry
- Canal
- Water
Location
Approximate — shows the building, not the unit. Open in maps
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 $3,200–$5,000.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.