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Single Family Residence
$2,680,000$1,139 / sqft
1255 NE 93rd St, Miami Shores FL 33138
Listed
3
Bedrooms
3
Bathrooms
2,353 sqft
Interior
1957
Year built
None
HOA
Single Family Residence
Type
About this home
Discover your own tropical retreat in East Miami Shores. Set on an expansive 15,700-SF lot near Biscayne Bay, this inviting three-bedroom residence offers exceptional outdoor space, privacy, and possibilities for the future. Skylights fill the open living areas with natural light, while a fireplace adds warmth and character. A circular driveway and one-car garage complete the welcoming arrival. Beyond the interiors, an oversized pool, lush gardens, and a covered patio invite leisurely afternoons and effortless entertaining. Gather around the barbecue and wood-fired outdoor oven, dine beneath the shade, or simply enjoy the tranquility of your own secluded backyard. Enjoy the existing home, personalize it to your taste, or envision an entirely new residence. The sale includes architectural plans approved by Miami Shores Planning and Zoning for a two-story home offering approximately 6,210 SF under air conditioning. The full set of drawings will be delivered at closing. For those interested in realizing the proposed residence, the owner, a Florida state-certified general contractor, will also consider a development partnership with a qualified investment partner, bringing together an exceptional setting, an approved architectural vision, and local construction expertise. Explore the opportunity to make this property your home or your next development project. Schedule a private showing to experience the setting and review the possibilities.
Features
- First Floor Entry
- Family Room
- Florida Room
- Barbeque
- Built-In Grill
- Garden
- Pool
Leasing
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 $3,200–$5,000.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.