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Single Family Residence
$689,000$308 / sqft
7930 SW 16th St, Miami FL 33155
Listed
5
Bedrooms
4
Bathrooms
2,240 sqft
Interior
1957
Year built
None
HOA
Single Family Residence
Type
About this home
Great opportunity in the highly desirable Westchester area! This spacious corner property offers a versatile layout with excellent income-producing potential. The main residence features 3 bedrooms and 2 bathrooms, plus an additional 2-bedroom, 1-bath apartment and a 1-bedroom, 1-bath efficiency. Ideal for an owner who wants to live in the main home while generating rental income, or for extended family and guests. The generous corner lot provides plenty of space for boat and RV parking. The property has tremendous potential and is ready for updating and personalization, giving the next owner an opportunity to add value. Motivated seller and priced to sell quickly. Excellent Westchester location with plenty of possibilities!
Features
- First Floor Entry
- Maid/In-Law Quarters
- Room For Pool
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,484
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.