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2045 NW 115th St, Miami, FL, 33167

3beds
2baths
1,557sqft
$625,000
$401price/sqft
$4,467/moest. monthly cost
$178,680/yrincome needed

About This Home

Turnkey opportunity in Miami! Lake home beautifully updated 3-bedroom, 2-bathroom home features a fully remodeled kitchen equipped with stainless steel appliances and plenty of counter space. The entire interior boasts freshly painted walls, creating a bright, modern, and inviting atmosphere throughout its spacious 1,557 sq. ft. layout. Situated on a massive quarter-acre lot, the property offers incredible outdoor space and excellent potential rental income for savvy investors looking for a high-yield asset. Perfect for a primary homeowner wanting a move-in ready house or a landlord seeking immediate cash flow in an established neighborhood. Easy to show and ready for its new owners! NO HOA.

Getting Around

37
WalkingCar-Dependent
48
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

3/10
North Dade Middle SchoolGrades 6-82.6 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Shingle
  • Construction materials: CBS Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,557
  • Total interior livable area: 1,557 sqft

Property

Details

  • Parcel number: 3021340040380
  • Zoning: 0100

Features

  • Stories: 2
  • Entry location: First Floor Entry
  • Exterior features: None
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: WF/No Ocean Access,Lake
  • Frontage length: 120

Lot

  • Lot size: 0.26 Acres
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$248$2,976
Property Taxes $862$10,344
Electricity $197$2,366
Total$4,467$53,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$153,154/yr
40% on housing$134,010/yr
45% on housing$119,120/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$401This listing

vs Other Active Listings

Avg $/sqft

ZIP 33167$276
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33167$378
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Listed for sale$625,000
2026-04-20Sold$401,100

For Sale by Agent

AgentLeonor Cano-Garrido
BrokerageA & G Team Realty, LLC

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