475 NW 84th Ter # 475, Miami FL 33150 | Miami-Dade County | A11978720
- $250,000
- Townhouse
- 4
- 3
- 0
- 1660 Sq Ft
475 NW 84th Ter # 475, Miami FL 33150 | Miami-Dade County | A11978720
- $250,000
Description
10% Cap Rate!! and that is why it’s always sunny at Sunset Palms Villas! Excellent investment opportunity in the heart of Little River. This 4 bedroom, 3 bathroom townhouse offers 1,660 square feet of living space in a 20 acre complex partially zoned hotel motel, providing exceptional flexibility and long term upside. The unit features two front entrances and two rear doors, allowing for multiple layout and rental possibilities. Current rents for this model range between $3,000 and $3,200 per month. Ideally located just minutes from Downtown Miami, the Design District, MiMo, Midtown, major expressways, and the beaches. A rare opportunity for investors seeking strong returns in one of Miami’s fastest growing neighborhoods.
Property Overview
Sunset Palm Villas is a 4-bedroom, 3-bathroom townhouse located at 475 NW 84th Ter in Miami’s Little River neighborhood. Built in 1958, the 1,660-square-foot home is part of a 20-acre complex partially zoned for hotel/motel use, which offers flexibility for both residential and rental purposes. The unit includes two front entrances and two rear doors, making it well-suited for a variety of living or investment configurations. The property is listed for $260,000 with an HOA fee of $430 per month. Currently, similar units in the complex are renting for between $3,000 and $3,200 per month, reflecting a 10% cap rate. The location is convenient for those working in or visiting Downtown Miami, the Design District, MiMo, Midtown, and the beaches, with major expressways nearby. Sunset Palm Villas Condo is a long-standing neighborhood offering a solid foundation for those looking to build wealth through real estate.
Frequently Asked Questions
How many bedrooms and bathrooms does this townhouse have?
This townhouse has 4 bedrooms and 3 full bathrooms.
What is the square footage and how old is the building?
The townhouse has 1,660 square feet of living space and was built in 1958.
What is the price and what is the HOA fee?
The asking price is $260,000, and the monthly HOA fee is $430.
What makes this property a good investment opportunity?
This property offers a 10% cap rate and is located in a 20-acre complex partially zoned for hotel/motel use, providing flexibility for long-term returns. Current monthly rents for this model range between $3,000 and $3,200.
How is the location of this townhouse?
It is ideally located in the heart of Little River, just minutes from Downtown Miami, the Design District, MiMo, Midtown, major expressways, and the beaches.
Are there unique features that stand out in this unit?
Yes, this unit has two front entrances and two rear doors, allowing for multiple layout and rental possibilities.
Monthly Fees & Carrying Costs
| Association Fee | $430 / month |
| Total Monthly Fees | $430 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Address
Open on Google Maps-
Address: 84th Ter
-
City: Miami
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33150
-
Area: SUNSET PALM VILLAS CONDO
Details
Updated on June 27, 2026 at 2:50 pm-
Property ID A11978720
-
Price $250,000
-
Property Size 1660 Sq Ft
-
Bedrooms 4
-
Room 0
-
Bathrooms 3
-
Garage 0
-
Year Built 1958
-
Type Townhouse
-
Property Status Active, Residential
Additional details
-
Flooring Tile
-
Bedroom Features At Least 1 Bedroom Ground Level
-
Cooling Central Air, Wall/Window Unit(s)
-
Association Type Condo
-
Building SUNSET PALM VILLAS
-
Association Fee Frequency Monthly
-
Area Sunset Palm Villas Condo
-
Annual Tax 3483
-
Association Yes
-
Elementary School Jesse J McCrary Jr.
-
Private Pool No
-
Listing Terms Cash
-
Waterfront No
-
Full Bathrooms 3
-
Subdivision SUNSET PALM VILLAS CONDO
-
Total Stories 2
-
Restrictions Ok To Lease
-
Maintenance Includes Insurance, Landscaping/Lawn Maintenance
-
Amenities Other
-
Parking Other
-
Heating Other
-
Structure Type Condo 1-4 Stories, Townhouse
-
Tax Year 2025
-
Construction Concrete Block Construction, CBS Construction
-
Building Area 1660
-
Covered Spaces 0
-
Middle School Horace Mann
-
Unit Floor 1
-
View Other View
-
Year Built Details Effective Year Built
-
High School Miami Edison
-
Pets Allowed Yes
-
Attached Yes
-
Unit Number 475
-
Half Bathrooms 0
-
Flood Zone AH
-
New Construction No
-
Garage Spaces 0
-
Style Condo 1-4 Stories
-
Association Fee 430
-
Lot Size (Sq Ft) 0
-
Membership Purchase Required No
Mortgage Calculator
Monthly
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
