LA PALOMA

7 NW 116th St, Miami FL 33168

3 beds · 2.5 baths · 1,717 ft²

Closed

$3,250

9.60%

Est. Payment $17/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

1,717

Sq. Ft.

1948

Year Built

31

Days on Market

Description

Available Immediately. Easy Approval . Welcome to this charming 3-bedroom, 2.5-bath home located at 7 NW 116 St in Miami. This property offers a spacious layout with comfortable living areas and great natural light throughout. Very well maintained. One of its standout features is the very large yard, perfect for entertaining, outdoor gatherings, gardening, or future expansion. With no HOA, you'll enjoy added flexibility and freedom. Conveniently located near major roads, shopping, dining, and schools, this home is a great opportunity for homeowners seeking space, privacy, and potential in a central Miami location. Shed is included. Property has a studio apartment with separate entrance on side of property currently rented. Owner is a licensed agent.

Facts

MLS#
A11945034
Subdivision
LA PALOMA
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
1948
Lot Size
10,275 ft²
Sq. Ft.
1,717 ft²
Sq. Mt.
160 m²
Price per sq. ft.
$2/ft²
Price per sq. mt.
$20/m²
Stories
Garage
Pool
Days on Market
31 days
Listed
Jan 13, 2026
Last Updated
Mar 2, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

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

47

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).

3/2/2026Sold$3,250
1/25/2026Price change$3,250-9.6%
1/13/2026Listed for sale$3,595

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

Location

7 NW 116th St, Miami FL 33168Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$10,833

gross income / month to qualify

Monthly rent$3,250
Required annual income$130,000
Security deposit (est.)$3,250
Move-in cost (1st + last + security)$9,750

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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7 NW 116th St, Miami FL 33168 | $3,250 | Rangely Adames Miami Real Estate