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Single Family Residence
$625,000$521 / sqft
16220 SW 101st Ave, Miami FL 33157
Listed
2
Bedrooms
2
Bathrooms
1,200 sqft
Interior
1962
Year built
None
HOA
Single Family Residence
Type
About this home
Beautifully reimagined home in desirable Palmetto Estates, featuring an extensive renovation with quality finishes throughout. The bright, open-concept living area showcases a stunning European-style kitchen with sleek cabinetry, Taj Mahal countertops, an oversized island, and premium stainless steel appliances. Elegant 24x48 porcelain flooring flows throughout the home, complemented by beautifully remodeled bathrooms with Kohler and Delta fixtures. Major upgrades include new impact windows and doors, a new A/C system, updated plumbing with new PVC sewer lines and main water line, LED lighting, a newer roof, and an impact-rated garage door. The double-sized second bedroom was originally designed as two separate bedrooms, offering an easy path to restoring the home's 3-bedroom configuration. Enjoy a generous backyard, fresh landscaping, gated front yard, side access with room for boat or RV storage, and a functional garage with utility room. Located in Flood Zone X.
Features
- Other
- Utility Room/Laundry
- Lighting
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,160
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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 2-bed rentals across Miami-Dade, from 159 active listings; the middle half ask $2,400–$3,900.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.