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Single Family Residence
$775,000$635 / sqft
8230 NE 1st Pl, Miami FL 33138
Listed
2
Bedrooms
2
Bathrooms
1,221 sqft
Interior
1945
Year built
None
HOA
Single Family Residence
Type
About this home
Quintessential Miami bungalow in the Little River Business District, offering 2 bedrooms, 2 bathrooms, plus a den/flex room with 1,221 SqFt living area (1,294 SqFt total) on a mature, lushly landscaped lot. Walk to The Citadel food hall & marketplace and NE 2nd Ave shops, restaurants, art galleries, and Ebb & Flow. Inside, original hardwood floors and an art deco fireplace lead to an open chef's kitchen/dining room with a large island and custom butcher block counters with fluted drain grooves. Built-in closets in both bedrooms, two recently updated baths, and 9-foot ceilings complete the interior. Outside, a two-tiered deck & pergola, tropical landscaping, and bamboo screen fencing create a private Urban Oasis in the heart of the Magic City. Hurricane impact windows & doors, Roof (2017), AC (2016), Tankless Water Heater (2024), and updated baths & interior/exterior paint (2026). Gated driveway accommodates 2 vehicles. Just 1 mile to West Little River/Oolite Arts, downtown Miami Shores & the MiMo historic district; 5 miles to Miami Beach, Design District, Midtown & Wynwood. Zoned T5-O, providing flexibility for future needs. Sunny's Steakhouse, Skatebird, Ebb & Flow & The Vagabond are all minutes away. Live in Little River with dining, shopping, art, and neighborhood destinations within walking distance, while remaining minutes from Miami's surrounding districts.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Den/Library/Office
- Florida Room
- Storage
- Utility Room/Laundry
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 2-bed rentals across Miami-Dade, from 164 active listings; the middle half ask $2,400–$3,600.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.