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About This Home
This 2-bedroom, 2-bathroom single family at 435 NE 71st St in Miami, FL is listed for $820,000 ($868 per sqft). Built in 1941, the home offers 945 sqft of living space on a 0.17 acres lot.
Exceptional investment opportunity in Miami's rapidly growing MiMo District. This income-producing property is currently tenant occupied under a recently renewed lease, providing immediate rental income from day one.
The home features 2 bedrooms, 1.5 bathrooms, plus a versatile studio/flex space with direct access to the backyard, ideal as a home office, guest room, creative studio, or additional living area. Recent upgrades include impact windows and doors (2022), updated bathrooms, a remodeled kitchen, and a spacious outdoor deck, offering a move-in-ready asset with minimal immediate capital expenditures.
Situated on a generous 7,250 SF lot, this property combines strong current cash flow with long-term upside in one of Miami's most dynamic neighborhoods. Located just minutes from the Design District, Wynwood, Downtown Miami, and Miami Beach, and surrounded by ongoing redevelopment and investment activity.
An ideal opportunity for investors seeking immediate income, quality improvements, and future growth potential in a high-demand Miami location.
Key Features
- Built in 1941
- 0.17 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$4,386/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
435 NE 71st St
Miami, FL 33138
Federal Way Amd
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 435 NE 71st St is listed at $820,000 ($868/sqft). The estimated monthly payment is $3,553 based on 20% down at 6.5% interest.
Key features include: Built in 1941, 0.17 acre lot, Fireplace. Interior Features: Bedroom On Main Level, First Floor Entry, Fireplace. Exterior Features: Deck, Fence, Fruit Trees.
This property is listed by Solange Ormazabal Madariaga and can be reached at 7866358833 or solange.ormazabal@gmail.com.
