All listings
Active
Active1 / 21
Photo 1 of 21
Waterfront · Single Family Residence
$2,475,000$1,155 / sqft
12945 Cherry Rd, North Miami FL 33181
Listed
4
Bedrooms
3
Bathrooms
2,143 sqft
Interior
1955
Year built
Single Family Residence
Type
About this home
Beautiful Waterfront property located in the highly sought out gated community of Keystone Point! Corner home featuring a great spacious layout with tons of natural light, renovated bathrooms, shiny pristine well maintained terrazo floors, spacious kitchen, large pool, 1 car garage, large driveway with plenty of parking, dock for your boat with direct access to Biscayne Bay and Haulover Inlet in minutes! No fixed bridges. Great location centrally located near Bal Harbor, Aventura Mall, restaurants, beaches, grocery stores, and more. Whether you’re a home buyer seeking to create your forever home or an investor looking for your next project, this property delivers outstanding potential in an exceptional location. Don’t miss this rare chance to invest in a high-demand area with strong future value.
Features
- First Floor Entry
- Bar
- Skylight
- Other
- Canal
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan payment
$12,515 + HOA
Run the numbers
We fill in the price. This listing doesn't state its HOA dues, so that's yours to enter too, along with 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
Not stated in this 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 HOA, 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.