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Active
Single Family Residence
$886,000

585 NE 121st St, North Miami FL 33161

3
Bedrooms
2
Bathrooms
— sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type

About this home

Welcome to Casa Bamboo, a beautifully renovated 3-bedroom, 2-bath residence on an expansive 11,198 SF (0.26-acre) lot in the Biscayne Park neighborhood. Thoughtfully designed for comfort, privacy, and functionality, the home features a desirable split-bedroom floor plan, two spacious living areas, and an open-concept kitchen with stainless steel appliances, a dishwasher, abundant cabinetry, and generous storage. The oversized primary suite features vaulted ceilings, a walk-in closet, and a spa-inspired ensuite bath, creating a peaceful private retreat. Outside, lush tropical landscaping surrounds a spacious entertainment deck overlooking the expansive backyard—an ideal setting for relaxing, entertaining, or future expansion. Perfectly situated just minutes from Miami Shores, top-rated private schools, beaches, Aventura, Midtown, and the Design District, Casa Bamboo offers the perfect balance of tranquility and convenience. Beyond its turnkey appeal, the property presents a rare investment opportunity. Build your dream estate like the neighboring multimillion-dollar homes, create an income-producing property, or explore redevelopment. Current zoning permits up to four (4) residential units by right, with the potential for up to ten (10) units through the Conditional Use Permit (CUP) process, subject to municipal approval and buyer verification.

Features

  • First Floor Entry
  • French Doors
  • Family Room
  • Room For Pool
  • Garden

Location

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

Estimated loan & HOA

$4,480

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

Principal & interest
$4,480
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
Graber Realty Group LLC

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.