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3
Bedrooms
3
Bathrooms
1,220 sqft
Interior
1994
Year built
$542 / mo
HOA
Condominium
Type
About this home
Located in the desirable Paseo Real community in Kendall, this 2-story condo presents an excellent opportunity for first-time homebuyers or investors seeking a well-located property that combines value, space, and convenience. The property features a spacious and functional floor plan with 3 bedrooms and 2.5 bathrooms. Situated directly across from a golf course, residents enjoy access to jogging and bike paths, tennis courts, and beautifully maintained walking areas. Paseo Real is ideally located near major highways, shopping centers, restaurants, and top-rated schools - key factors that consistently drive rental demand in the Kendall area. The property includes two assigned parking spaces and is situated in a peaceful, well-established neighborhood with strong buyer and rental demand. Easy to show — schedule your private tour today and don’t miss this incredible opportunity!
Features
- Second Floor Entry
- None
- Open Balcony
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
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 $2,900–$12,000.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.