2420 NW 34th St, Miami FL 33142
About this home
***CASH ONLY*** Beautifully renovated home offering exceptional flexibility and income potential. The home is currently configured into three separate living areas, generating over $5,500 per month in rental income. This turnkey property features high-end renovations throughout, updated kitchens and bathrooms, modern finishes, and a thoughtfully designed layout. Additional highlights include owned solar panels, providing energy efficiency and reduced utility costs. Located in a rapidly appreciating neighborhood where comparable renovated homes have recently sold for over $715,000, this property presents an excellent opportunity for both investors and owner-occupants seeking supplemental income. Conveniently situated near major highways, shopping, dining, schools, and parks. A rare opportunity to own a beautifully remodeled home with strong cash flow and long-term upside.
Features
- First Floor Entry
- Maid/In-Law Quarters
- Studio Apartment
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,489
- 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.