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Listed
Rare double-lot waterfront compound in historic Griffing Park Estates, next to Biscayne Park. Situated on a peaceful canal, this unique property features a 5BD/4BA main home which includes a fully equipped in-law suite with private entrance and kitchenette. Plus a charming detached waterfront guest house featuring 1 bedroom, walk-in closet, full bath, fully equipped kitchen, and comfortable living room offering the perfect private retreat for guests, extended family, or potential rental income. In total: 6 bedrooms and 5 full baths across a beautifully maintained estate. Enhanced by newer LG stainless steel appliances. Zoned multifamily, offering exceptional potential for investors, income-producing opportunities, or large multigenerational families. Expansive driveway fits 10 cars plus large storage shed for jet skis, fishing gear, and more. Minutes from shopping, dining, Miami Shores, and beaches.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.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.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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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