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Single Family Residence
$2,635,000$1,656 / sqft
7240 Sunset Dr, Miami FL 33143
Listed
3
Bedrooms
3
Bathrooms
1,591 sqft
Interior
1952
Year built
None
HOA
Single Family Residence
Type
About this home
Amazing opportunity to own a classic Mid-Century Modern residence situated on an expansive 34,848 SF corner lot in one of Miami's most desirable neighborhoods. The property offers mature oak trees, towering palms, a private driveway, and exceptional potential to expand or build a custom estate. The existing residence features 3 bedrooms, 2 bathrooms and a cabana 1/2 bathroom, original architectural details, wood-beamed ceilings, hardwood and tile flooring, fireplace, formal dining area, and abundant natural light. The backyard includes a pool and spacious outdoor entertainment area with a pergola and fire pit perfect for entertaining. Conveniently located near top-rated schools, shopping, dining, and major roadways. A unique opportunity for end users, builders, or investors
Features
- First Floor Entry
- Pantry
- Family Room
- Garage Converted
- Utility Room/Laundry
- Lighting
- Fruit Trees
- Outdoor Shower
- Garden
- Pool
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.