1242 NE 145th St

Miami, FL 33161

$825,000

$846/ft²

3Beds

2Baths

975Sq ft

1950Year built

Single-family homeType

About this home

Fully renovated and move-in ready, this exceptional property presents a rare investment opportunity in the highly desirable Arch Creek Estates neighborhood. Offered at $825,000, the property features strong rental income potential with projected monthly revenue of approximately $7,500, making it an attractive option for investors seeking immediate cash flow and long-term upside. Situated on an expansive 9,042 SqFt lot and zoned Duplex (5700), the property also offers additional value through future redevelopment or expansion possibilities. Prime location just minutes from Aventura, major highways, shopping, dining, and entertainment further enhances its investment appeal. Ideal for short-term rental operations, long-term holding, or future development, this turnkey property combines location, flexibility, and strong income potential in one of North Miami’s most desirable areas.

Property details

Listing

MLS #: A12002596
Status: For sale
Listed on: Apr 16, 2026
Days on market: 116 days
Listing data updated: Jun 4, 2026

Interior

Beds: 3
Baths: 2
Living area: 975 ft²
Price per ft²: $846/ft²

Building & community

Type: Single-family home
Year built: 1950
County: Miami-Dade

Lot & exterior

Lot size: 9,042 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $4,172
Property taxes (est.): $757
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$5,529*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?