CASTILIAN COURT

281 NE 112th St, Miami FL 33161

3 beds · 2 baths · 1,401 ft²

Closed

$695,000

4.66%

Est. Payment $3,699/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,401

Sq. Ft.

1957

Year Built

Garage

173

Days on Market

Description

TURNKEY INVESTOR GEM: 7.7% GROSS YIELD & $4,500/MO GUARANTEED INCOME! Secure immediate cash flow with this high-performing 3/2 in North Miami, already leased through April 30, 2026. No vacancy risk and no leasing fees—start collecting rent on Day 1! PRIME OPPORTUNITY: Ideal for 1031 Exchange buyers or portfolio growth in a high-appreciation pocket near Biscayne Blvd. Professional management-ready with a validated "proof of concept" at $4,500/mo. STRICTLY 24-HOUR NOTICE REQUIRED for showings as the property is tenant-occupied. Don't miss this high-yield, "set-and-forget" asset!

Facts

MLS#: A11896888
Subdivision: CASTILIAN COURT
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1957
Lot Size: 5,520 ft²
Sq. Ft.: 1,401 ft²
Sq. Mt.: 130 m²
Price per sq. ft.: $496/ft²
Price per sq. mt.: $5,346/m²
Stories: —
Garage: 4 spaces
Pool: —
Days on Market: 173 days
Listed: Oct 15, 2025
Last Updated: May 11, 2026
Price/Lot Sq.Ft.: $126/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/11/2026	Sold	$695,000
12/26/2025	Price change	$695,000-4.7%
10/15/2025	Listed for sale	$729,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

281 NE 112th St, Miami FL 33161Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

American High School LLC
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
American High School
6 · private · 0.4 mi
Peters Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Spring Gate School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
Mizrahi Torah Academy
KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Plantation Middle School
6,7,8 · public · 0.9 mi
Plantation Methodist Preschool
PK,KG · private · 0.9 mi
Renaissance Charter School at Plantation
KG,1,2,3,4,5,6,7,8 · charter · 1.0 mi
Dickens Sanomi Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.0 mi
Our Savior Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.2 mi

Estimated Monthly Payment

$4,428/mo

Principal & Interest

$3,699

Property Tax

$579

Insurance

$150

HOA

Down Payment20% ($139,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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