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Pending
Single Family Residence
$505,000$432 / sqft

1869 NE 181st St, North Miami Beach FL 33162

3
Bedrooms
3
Bathrooms
1,170 sqft
Interior
1956
Year built
None
HOA
Single Family Residence
Type

About this home

Great Investment Opportunity or Perfect First-Time Home! Whether you're an investor looking for your next opportunity or a first-time homebuyer with a vision, this property offers incredible potential. Featuring 3 bedrooms and 3 full bathrooms, the home includes a private-entry bedroom and bath that can easily function as an efficiency, in-law suite, or guest quarters, offering added flexibility and income potential. The spacious lot is filled with mature mango and coconut trees, creating a tropical backyard setting with plenty of room to relax or entertain. The property also offers ample parking, with generous space in the front and additional drive-in access to the backyard while still maintaining a large yard for outdoor enjoyment. Recent updates include a brand-new 2025 A/C unit, hurricane impact windows, and a 2015 roof. Additional features include an attached laundry room, an outdoor storage shed, and a 4-foot iron privacy gate enclosing the property. Conveniently located in the heart of North Miami Beach, you're just minutes from Aventura Mall, shopping centers, restaurants, major highways, and everyday conveniences, with the local police station nearby for added peace of mind. This is an excellent opportunity to customize a home in a highly desirable location.

Features

  • First Floor Entry
  • Separate Guest/In-Law Quarters
  • Fruit Trees
  • Room For Pool
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,554

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,554
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Norluxe Realty Miami

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.