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Listed
OPEN HOUSE COMING: Sat & Sun, October 10th & 11th 1-3 PM | Please do not disturb Seller. Across the street from Pinecrest in coveted North Palmetto Bay! Just off SW 136th St and Palmetto Rd, a rare 17,300 SF homesite is ready to be reimagined. One owner has cherished this 3-bed, 2-bath home for more than twenty years, and its original interiors await your vision. Now it's your turn to dream. You could keep its classic ranch soul and add a sweeping new wing that leads to a private primary retreat with serene pool views. You could rise to two stories and frame treetop vistas, or start fresh from the ground up and build the custom estate you've always imagined. You could even tuck a storybook playhouse into the garden. This land gives you room to dream big. The stage is already set, with a deep pool and covered lanai beneath a dome screen, plush landscaping, total privacy, a 2-car carport, and generous storage. The essentials are already in place: 2016 A/C, 2012 roof, 2025 water heater, and septic and drainage fully redone in 2019. You're minutes from A-rated schools, Old Cutler Road, parks, shopping, and dining, and just 5 minutes from Whole Foods and Target. You can enjoy everything neighboring Pinecrest has to offer, all for under $1.1M, an unbeatable value. Opportunities like this rarely come to market. Be the first to see it!
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.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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