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Single Family Residence
$759,000$321 / sqft
8808 SW 150th Place Cir, Miami FL 33196
Listed
3
Bedrooms
3
Bathrooms
2,362 sqft
Interior
1980
Year built
$97 / mo
HOA
Single Family Residence
Type
About this home
A truly extraordinary Florida sanctuary in The Hammocks! Tucked away in Spicewood, this special 3BR/2.5BA two-story home has been lovingly maintained and is surrounded by an exceptional landscape featuring 150+ species of Florida native plants. Soaring ceilings, a double-sided fireplace, tile & wood floors, and an inviting kitchen overlooking the nature reserve create a warm and welcoming interior. Upstairs, the spacious primary suite features an adjoining private office, oversized custom-built closet, large bath, and open balcony overlooking the sanctuary. A second bedroom and full bath are also upstairs, while the third bedroom and half bath are conveniently located downstairs. Custom Hunter Douglas top-down/bottom-up blinds throughout. The gated yard feels like a private botanical preserve, with winding shell & pea-gravel paths bordered by hand-placed Miami oolite limestone, mature trees, orchids, flowering plants & native vegetation. The established landscape thrives without routine irrigation, pesticides, herbicides, or fertilizers. Backing to a greenbelt provides exceptional privacy and tranquility. Two-car garage and in-door laundry room. Upgrades include a 2018 roof & A/C; 2020 impact windows/doors, spray-foam attic insulation, A/C ductwork & electrical panel. Flood Zone X! This is a rare opportunity to become the next steward of a unique wildlife oasis and living Florida ecosystem in this wonderful, vibrant community!
Features
- French Doors
- Volume Ceilings
- Walk-In Closet(s)
- Utility Room/Laundry
- Open Balcony
- Room For Pool
- Garden
Leasing
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.