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Condominium
$424,900$397 / sqft
15240 SW 45th Ter # 54F, Miami FL 33185
Listed
3
Bedrooms
2
Bathrooms
1,070 sqft
Interior
1984
Year built
$516 / mo
HOA
Condominium
Type
About this home
Excellent opportunity to own a beautiful home in the highly desirable Lakes of the Meadows community, where everyday living feels like being on a private country club. This wonderful community offers an exceptional lifestyle surrounded by beautiful lakes, parks, tennis courts, golf, swimming pools, and many amenities for residents to enjoy. This corner property is ideally situated with a spacious green area behind the home, providing added privacy and a peaceful setting surrounded by mature trees. A perfect space for entertaining, or simply enjoying the outdoors. The home is in immaculate condition and features laminate flooring throughout, freshly painted interiors, and artificial grass throughout the patio for a beautiful, low-maintenance outdoor space. The property also features a relatively newer A/C unit, a dedicated storage room, and a large shed offering plenty of additional storage. All bedrooms have ceiling fans. The remodeled kitchen features brand-new cabinetry, beautiful quartz countertops, and stainless-steel appliances, creating a modern and functional space for everyday living. This property is easy to show and available via lockbox. Motivated seller—don’t miss this opportunity to own a beautiful home in one of the area’s most desirable communities!
Features
- First Floor Entry
- Storage
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,665
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.