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Single Family Residence
$689,900$277 / sqft
5015 SW 117th Ave, Miami FL 33175
Listed
6
Bedrooms
3
Bathrooms
2,487 sqft
Interior
1957
Year built
None
HOA
Single Family Residence
Type
About this home
A fantastic opportunity in a prime location! This spacious 6-bedroom, 3-bathroom home offers great flexibility, making it ideal for a large family or multi-generational living. The property includes a separate 2-bedroom, 1-bathroom unit (apartment or efficiency style), providing extra space and the potential for rental income. While the home requires updates and is ready for a buyer to bring their own vision to life, it already features two central air conditioning units: one for the main house and another for the separate unit. It boasts a spacious driveway and offers convenient access to major highways, shops, restaurants, schools, and everyday amenities. A property with immense potential in an excellent location.
Features
- First Floor Entry
- Other
- Maid/In-Law Quarters
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,489
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,489
- HOA
- None
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 6-bed rentals across Miami-Dade, from 56 active listings; the middle half ask $16,000–$49,900.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.