1545 NW 8th Ter, Miami FL 33125 | Miami-Dade County | A11965861

This is a single-family home in the Grove Park neighborhood of Miami. Built in 1926, it has a total living area of 2,628 square feet and features five bedrooms and three and a half bathrooms. The layout includes a main-floor bedroom, a fireplace, and a game room, along with a separate in-law or guest quarters that adds versatility to the space. The home is currently for sale at $849,000. The property is located in the vibrant Little Havana area, offering easy access to local restaurants, cultural spots, and entertainment. It’s also a short walk from Oakland Grove Mini Park. One key feature is that there is no HOA, meaning you have full freedom to manage the home as you see fit. The layout and design combine historic charm with modern functionality, making it a great option for those looking for a mix of character and space. For investors, this property provides strong income potential. The main house, which has four bedrooms and two and a half bathrooms, is currently renting for about $8,000 per month. The in-law unit is rented for $1,400 per month but could potentially bring in up to $1,700 to $1,800 per month if available. This makes the home a valuable, multi-unit income-producing asset.