320 NE 160th St, Miami FL 33162 | Miami-Dade County | A12064130
- $699,000
- 3
- 3
- 2010 Sq Ft
320 NE 160th St, Miami FL 33162 | Miami-Dade County | A12064130
- $699,000
Description
once in a lifetime opportunity to take over a cash flowing property that needs nothing done. this house was completely remodeled in 2021/2022 and has a main house (3/2) plus TWO efficiencies. all of these are paying tenants and ar long term and would love to stay. main tenant pays $3750 and the 2 other tenants pay $1300 and $1200. you could raise rents but these tenants are all such good long term tenants that you wouldn’t want to switch this. the main tenant has been there since 2023 and been paying on time every month. the 2 other tenants have been timely since move in as well. everyone would love to stay
Property Overview
This home in the FULFORD HIGHLANDS SECOND neighborhood sits on a single-family lot in Miami, just off NE 160th Street. Built in 1954, it has 2,010 square feet of living space with three bedrooms and three full bathrooms. The main house is currently occupied by a long-term tenant who’s been there since 2023 and pays $3,750 a month. The home was completely remodeled in 2021 and 2022 and comes with two additional efficiencies currently generating $1,300 and $1,200 a month in income. All tenants have been consistent with rent and express a strong desire to stay. The property is being offered at $699,000 and is set up as a reliable, income-producing asset. It’s a well-maintained opportunity in a stable part of the city, where the tenants are already in place and the unit is ready to go. If you're looking for a cash-flowing home with existing occupants, this one is straightforward and functional.
Frequently Asked Questions
How many units are included in this property?
The property includes a main house (3/3) and two efficiencies, making it a three-unit investment property.
Are the tenants long term and reliable?
Yes, all tenants are long term and have been timely with their rent payments. The main tenant has been there since 2023, and the others have also paid on time since moving in.
What are the current rental incomes?
The main tenant pays $3,750 per month, and the two efficiencies contribute $1,300 and $1,200 per month, respectively.
When was the property last remodeled?
The house was completely remodeled in 2021 and 2022.
How old is the structure?
The structure was built in 1954.
Monthly Fees & Carrying Costs
- Membership Required: No
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Address
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Address: 160th St
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City: Miami
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Zip/Postal Code: 33162
Details
Updated on August 3, 2026 at 7:43 am-
Property ID A12064130
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Price $699,000
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Property Size 2010 Sq Ft
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Bedrooms 3
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Room 0
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Bathrooms 3
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Year Built 1954
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Property Status Active, Residential
Additional details
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Flooring Other, Tile
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Studio
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Cooling Central Air
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Association Type None
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Building FULFORD HIGHLANDS SECOND
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Area Fulford Highlands Second
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Annual Tax 5000
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Association No
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Elementary School Oak Grove
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Private Pool No
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Listing Terms All Cash, Conventional, Owner Will Carry
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Waterfront No
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Full Bathrooms 3
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Subdivision FULFORD HIGHLANDS SECOND
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Restrictions No Restrictions, Ok To Lease
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Parking Additional Spaces Available, Driveway, Other
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Heating Central
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Structure Type R30-No Pool/No Water, House
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Tax Year 2025
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Construction CBS Construction
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Building Area 3230
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Covered Spaces 0
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Middle School Jefferson; Thomas
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View Garden
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Year Built Details Effective Year Built
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Half Bathrooms 0
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Flood Zone X
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Patio / Porch Awning(s), Open Porch
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New Construction No
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Garage Spaces 0
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Style R30-No Pool/No Water
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Lot Size (Sq Ft) 8250
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Membership Purchase Required No
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