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Single Family Residence
$2,950,000$762 / sqft
2120 NE 197th Ter, Miami FL 33179
Listed
5
Bedrooms
7
Bathrooms
3,873 sqft
Interior
2020
Year built
None
HOA
Single Family Residence
Type
About this home
Ultra-modern architectural masterpiece built in 2020 in the Skylake/Aventura area. This stunning gated residence offers 5 en-suite bedrooms, 5 full baths and 2 half baths (powder room & cabana bath), set on a generous 14,455 SF lot. Spectacular open floorplan with soaring 10-ft ceilings and floor-to-ceiling impact glass doors that flood the home with natural light. PGT impact windows throughout. The showstopping gourmet Veneta Cucine kosher double kitchen features dual Sub-Zero refrigerators, dual wall ovens, dual dishwashers, dual sinks, gas stovetop and espresso machine — Wolf & Sub-Zero appliances — built for serious entertaining. Italian porcelain floors, Legrand fixtures, and motorized window treatments elevate every detail. A brand new roof (Dec 2025) with solar panels, Tesla batteries, Tesla car charger installed and storage shed, ensure superior storm resilience and energy independence. Seamless indoor/outdoor living flows to an expansive terrace and resort-style heated pool — the ultimate South Florida lifestyle. The garden offers mature avocado, mango, papaya & banana trees, all producing fruit. A true turn-key luxury offering in one of Miami-Dade's most desirable neighborhoods.
Features
- First Floor Entry
- Other
- Storage
- Utility Room/Laundry
- Lighting
- Garden
Location
Approximate — shows the building, not the unit. Open in maps
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.