11230 SW 188th St, Miami, FL 33157

SingleFamilyResidence · Active

$443,000

11230 SW 188th St, Miami, FL 33157 — MLS photo

Miami Foreclosures & Bank-Owned Properties

11230 SW 188th St, Miami, FL 33157

Bedrooms
4
Bathrooms
2
Interior
1,509 sq ft
Price / sq ft
$294/sq ft
Built
1965
Lot
8,132 sq ft

The residence

This four-bedroom, two-bathroom home in Miami offers solid bones and genuine potential. The property sits on a substantial lot with room to work with, making it an attractive opportunity for buyers ready to invest in renovation or those seeking a project property in an established area. Whether you're planning to renovate for personal occupancy, create a rental property, or flip for resale, the layout supports multiple scenarios. The location in Miami puts you near established neighborhoods with steady demand. This is a genuine opportunity for the right buyer. Schedule a showing to evaluate the property's potential and envision what you can build here. Schedule a showing today!

Property location

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11230 SW 188th St, Miami, FL 33157

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
1,509 sq ft
Flooring
Tile
Appliances
None
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Shower Only, Attic

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1965
Lot size
8,132 sq ft
Architectural style
Detached, One Story
Roof
Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence, Lighting, Porch, Room For Pool
Pool
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Pets allowed
No, Yes
Annual tax
$7,836
Subdivision
PERRINE PARK
County
Miami-Dade
Days on market
55
MLS listing ID
A12062146
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$529

Cap rate
7.1%
Net yield
7.1%
Cash-on-cash return
5.1%
Gross yield
10.7%
Mortgage payment
$2,100/mo
Down payment
$110,750
Loan amount
$332,250
Annual NOI
$31,550

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

11230 SW 188th St, Miami, FL 33157