Single Family Home NICHOLS HEIGHTS

$ 550,000
  • 5 bed
  • 2 bath
  • 6,500 ft2 (604 m2)
Interested in this listing?
We will connect you with an agent in a short time
Details
    • Listed on:
      September 21, 2026
    • Days on Market:
      5
    • Maintenance:
      n/a
    • Taxes:
      $ 6,478 per year
    • Year:
      1949
    • Furniture:
      -
    • Floor Description:
      Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      None
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • 3 Bedroom Split
    • Attic
    • Separate Guest/In-Law Quarters
    • Maid/In-Law Quarters
    • Studio Apartment
    • Utility Room/Laundry
  • Exterior Features:
    • Fruit Trees
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Step into a sensational, cash-flowing paradise in prime North Miami where prosperous possibilities meet pure comfort. Tailored for ambitious house-hackers, astute investors, and savvy first-time buyers, this dual-income sanctuary lets you slash monthly overhead while building effortless equity. Live in the studio while the main residence—generating $3,100/month in stable income—covers 70%+ of your mortgage, or rent both for maximum profit. The main home offers 4 spacious bedrooms with individual A/C units, indoor laundry, and a beautifully remodeled kitchen and bath. Tucked behind, the detached studio shines as a 100% brand-new, impeccably renovated retreat previously rented at $1,150/month. Premier protection includes full impact windows and doors for potential insurance savings, alongside a newer roof replaced within 5 years. Inside, warm living spaces feel wonderfully larger than tax records show (buyer to verify). Unwind in your private, fenced backyard featuring a breezy screened porch, sunny patio, and a mature, fruit-bearing mango tree for sweet tropical afternoons. Perfectly positioned near bustling shops, popular eateries, top schools, and parks, with Miami’s pristine beaches and art districts just minutes away. Run the remarkable numbers and realize your pathway to financial freedom—schedule your showing today! Main home tenant-occupied; 24-hr notice required via ShowingTime.
Map view