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Waterfront · Condominium
$140,000$181 / sqft
175 NE 203rd Terrace # 24, Miami FL 33179
Listed
1
Bedrooms
1
Bathrooms
775 sqft
Interior
1970
Year built
$320 / mo
HOA
Condominium
Type
About this home
You will want to run to this hidden secret. Luxury and affordable all in one.The total unit has been remodeled impact windows and doors throughout. Remodeled kitchen, gorgeous cabinets with granite countertops new lighting throughout gas stove.with five burners, new microwave. Water heater. New electric panel.New A/C. Covered patio off of primary suite with serene lake views. Lake view from living room and kitchen also. 2 huge closets in primary sweet. Low maintenance and building allows rental right away. Perfect for relocation buyer move in ready and comes with no headaches. Parking #24 close to building unit located on second floor.
Features
- Cooking Island
- Exterior Cat Walk
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,028
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $708
- HOA
- $320 / mo
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.
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,495.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.