577 NW 120th Street Miami, FL 33168

$1,595,000
Reduced $55,000
7
Beds
4
Baths
0.23
Acres
3,037
SQFT
525
$/SQFT
$1,595,000
Reduced
$55,000
7
Beds
4
Baths
3,037   sf
$525 / sf
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Spanish Mediterranean Villa fully licensed for Airbnb and short-term rentals. With a strong booking history and nearly 20% cap rate, this turnkey investment offers exceptional cash flow in today’s market. Featuring 7 bedrooms and 4 full bathrooms, the home combines luxury and functionality with a spacious layout, updated baths, a large kitchen, and expansive living areas ideal for group stays. The outdoor oasis is perfect for entertaining or relaxing, adding to its guest appeal. Set on a generous 10,125 sq. ft. lot and offered fully furnished, this property is ready to generate income from day one. Don’t miss this rare high-yield opportunity!

Spanish Mediterranean Villa fully licensed for Airbnb and short-term rentals. With a strong booking history and nearly 20% cap rate, this turnkey investment offers exceptional cash flow in today’s market. Featuring 7 bedrooms and 4 full bathrooms, the home combines luxury and functionality with a spacious layout, updated baths, a large kitchen, and expansive living areas ideal for group stays. The outdoor oasis is perfect for entertaining or relaxing, adding to its guest appeal. Set on a generous 10,125 sq. ft. lot and offered fully furnished, this property is ready to generate income from day one. Don’t miss this rare high-yield opportunity!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    Alhambra Heights
  • Tax Amount
    $16,970
  • Status
    Active
  • Listing #
    A11711573
  • Built
    1924
  • Lot Size
    0.23
  • Listed on site
    208 days
  • Co-Listing Agent
    3449840
  • Listing Agent Id
    3360700
  • Co Listing Agent Id
    3449840
  • Listing Agent Phone
    305-904-7703

Listed by:
One Sotheby's International Re

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Jun 10, 20251 mo agoPrice decreased55,000 (3%)$1,595,000
Jan 22, 20256 mos agoPrice decreased100,000 (6%)$1,650,000
Dec 20, 20247 mos agoNew on market$1,750,000
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Photo of Rachael Lanzman