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Single Family Residence
$699,999$331 / sqft
735 NE 159th St, Miami FL 33162
Listed
4
Bedrooms
2
Bathrooms
2,117 sqft
Interior
1958
Year built
None
HOA
Single Family Residence
Type
About this home
Prime Location with Endless Possibilities! Welcome to 735 NE 159th Street, ideally situated in the heart of North Miami! This spacious home offers a wonderful combination of comfort, convenience, and investment potential. Featuring charming original wood flooring and a versatile in-law suite/efficiency, this property provides flexible living arrangements for extended family, guests, or potential rental income. Major updates include a roof approximately 1.5 years old, windows approximately 2 years old, and a septic tank approximately 1.5 years old, offering added value and peace of mind. Step outside to a generously sized, fully fenced backyard featuring mature fruit trees and a covered patio, perfect for entertaining, hosting family gatherings, or simply relaxing in your own private outdoor retreat. The semicircular driveway offers added convenience and ample parking. Directly across from Oak Grove Park, the property enjoys beautiful park views and close proximity to the Father Gerard Jean-Juste Community Center. Location is everything! Enjoy easy access to public transportation, major highways, shopping destinations including, beautiful South Florida beaches, Miami International and Fort Lauderdale International Airport. Whether you're searching for your next home, a multigenerational living arrangement, or an investment opportunity, this property offers incredible potential in a highly convenient location. Don't miss your opportunity to make this property your own!
Features
- First Floor Entry
- Family Room
- Separate Guest/In-Law Quarters
- Utility Room/Laundry
- Fruit Trees
- Garden
- Other
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.