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Single Family Residence
$759,000$349 / sqft
6240 SW 20th Ter, Miami FL 33155
Listed
4
Bedrooms
2
Bathrooms
2,173 sqft
Interior
1948
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to this spacious 4-bedroom, 2-bathroom single-family home in the desirable Gables View neighborhood with no HOA. Located just 2 blocks from West Miami and minutes from Coral Gables, top-rated schools, shopping, and dining, this property offers an unbeatable combination of location and flexibility. Spanning over 2,100 square feet of living area on a large lot of 7,500 square feet, the layout is designed to fit a variety of needs. The versatile floor plan can easily be configured to create an in-law quarters efficiency with its own separate entrance—or even modified for two private rooms with direct exterior access. It is an ideal setup for multi-generational living, home business space, or rental opportunities. Out back, you will find an expansive covered patio overlooking a fully fenced yard with plenty of room for entertaining, pets, or adding a pool. Positioned in an area with desirable RU-2 neighborhood zoning, this home delivers great long-term value for both homeowners and investors. Seller willing to contribute toward Buyer’s closing costs with an acceptable offer, subject to lender guidelines.
Features
- First Floor Entry
- Family Room
- Florida Room
- Storage
- Lighting
- Room For Pool
- Garden
Leasing
- Minimum lease
- Not stated
- Ok To Lease
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 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
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.