6 NW 106th St, Miami Shores FL 33150
About this home
A Rare Miami Shores Redevelopment Opportunity on a Prime Corner Lot! Exceptional opportunity to fast-track your dream home in the heart of Miami Shores. Set on a generous 9,225 SF corner lot in a non-flood zone, this fully demo-ed property comes with approved architectural plans and permits already in place after nearly 20 months of planning, design, and permitting work—saving the future owner substantial time, cost, and uncertainty. Currently configured as a 1,340 SF home with a 1-car garage, the approved plans transform the property into a thoughtfully designed 2,200 SF residence with a spacious 2-car garage, expanded western footprint, and a new rear bedroom wing anchored by a private primary suite opening directly to the future pool and backyard oasis. Pool plans and permits to be completed separately. The envisioned home features an open-flow indoor/outdoor layout with a spacious island kitchen, elegant dining area with wine cellar wall, bright living spaces overlooking the backyard, powder room for guests, and a practical, highly livable floor plan. The generous primary suite includes a double vanity bath with separate tub, shower, and water closet. Existing septic system already approved for the project. Close to downtown Miami Shores shops and restaurants. Rare opportunity to skip the hardest part and begin building your dream home immediately.
Features
- First Floor Entry
- Utility Room/Laundry
- Fruit Trees
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,562
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.