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Single Family Residence
$369,028$271 / sqft
551 NE 159th St, Miami FL 33162
Listed
4
Bedrooms
2
Bathrooms
1,364 sqft
Interior
1946
Year built
None
HOA
Single Family Residence
Type
About this home
*United States Bankruptcy court ordered sale*. 15 Day Closing and Cash offers only, Subject to Court Approval. “Part of a 70 Unit Rental Portfolio that can be purchased together or by group/loan pool". List price is from 2026 Market Value from Miami Dade County Property Appraiser records. Must be bought with 2740 W 61st pl #201, Hialeah (Dade Cty Value $206,096) & 7709 W 36th Ave #6 (Dade Cty Value $257,595). Photos and video available for each. Welcome to 551 NE 159th St and this Single Family Home w/ no HOA, NEW AC 2024, 4 bed 2 bath, 1364 sq ft, on 7080 sq ft lot, newer pitched Shingle roof, tile floors throughout, Granite countertops, circular driveway. All 70 properties are professionally managed by a 3rd party property management company that you can keep for turkey operation. **TOWN HALL ZOOM with SELLER, ATTORNEYS FOR YOUR QUESTIONS: November 10, 2026 at 4pm** contact us for link. **
Features
- First Floor Entry
- Other
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,866
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
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.