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Waterfront · Single Family Residence
$4,350,000$1,377 / sqft
12905 Ixora Rd, North Miami FL 33181
Listed
4
Bedrooms
3
Bathrooms
3,160 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type
About this home
A rare double-waterfront opportunity in coveted Keystone Islands, this beautifully remodeled Mediterranean residence sits on an exceptional 12,300 sq ft corner lot with 272 linear feet of waterfront along two sides. Elevated 11 feet and offering 3,160 sq ft under air, the home is filled with natural light, with high ceilings and impact glass throughout most of the residence. Open living and dining spaces flow into a spacious gas kitchen with large island and bar seating. The primary suite overlooks the garden and features three walk-in closets and a remodeled bath with dual vanities, Jacuzzi tub and separate shower. Three additional bedrooms, a TV area and separate laundry complete the interior. Outdoors, a heated and cooled saltwater pool, expansive decking and a pergola with summer kitchen create an exceptional setting for entertaining. Two docks accommodate boats up to 80 and 50 feet, with a boat lift and dedicated Jet Ski dock. Direct Intracoastal and Biscayne Bay access with no fixed bridges makes this a true boater’s paradise—minutes from Miami’s best amenities.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Entrance Foyer
- Pantry
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- Other
- Barbeque
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,900–$9,600.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.