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Waterfront · Single Family Residence
$1,299,999$503 / sqft
12599 NE 2nd Ave, North Miami FL 33161
Listed
4
Bedrooms
3
Bathrooms
2,584 sqft
Interior
1954
Year built
None
HOA
Single Family Residence
Type
About this home
Rare waterfront opportunity in North Miami! Situated on an expansive lot of nearly 30,000 SF, this beautifully renovated 2,500 SF home features 4 bedrooms and 2 bathrooms, offering the perfect combination of luxury, privacy, and waterfront living. The property has been extensively upgraded with all-new plumbing, electrical systems, Hurricane windows and doors and a brand-new roof. Enjoy direct water access and a private waterfront deck, ideal for relaxing or entertaining. The oversized lot offers incredible outdoor space with plenty of room to add a custom swimming pool and create your own private waterfront oasis. A truly unique opportunity to own one of the only waterfront properties with a lot of this size in the area! Conveniently located next to a newly developed city park. Furniture is available for purchase separately. Don't miss this exceptional opportunity to own a rare, oversized waterfront property in North Miami!
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Pantry
- Garage Converted
- Room For Pool
- Canal
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.