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Listed
Welcome to this bright and well-maintained 2-bedroom, 2.5-bath townhouse in the desirable gated community of Villas at Carmel within Malibu Bay. Built in 2006, this two-story home offers an open and functional layout perfect for comfortable living. The main level features durable tile flooring, a contemporary kitchen that flows into the living areas, and a convenient half bath. Upstairs you'll find two spacious bedrooms, a full bathroom, and the primary suite with its own private en-suite bath. Low-maintenance laminate flooring adds warmth throughout the second floor. Enjoy resort-style community amenities including a sparkling pool, clubhouse, fitness center, scenic walking paths, and 24-hour guard-gated security. Conveniently located near Baptist Hospital, the Florida Turnpike, schools shopping, and dining. Additional highlights include in-unit washer and dryer, assigned parking, and ample guest parking. Move-in ready and a great opportunity for homeowners or investors.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 2-bed rentals across Miami-Dade, from 178 active listings; the middle half ask $2,300–$3,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
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