PARKWOOD TERRACE

601 NW 116th St, Miami FL 33168

2 beds · 1 baths · 875 ft²

For Sale · Active Listing

$2,850

5.00%

Est. Payment $15/mo

MLS Sheet Video

Bedrooms

Bathrooms

875

Sq. Ft.

1954

Year Built

Days on Market

Description

Beautifully updated 2 bedroom house in North Miami. The corner lot property has been fully renovated with impact windows and doors, new kitchen, bath, flooring, etc. Open living spaces, comfortable sized bedrooms with large closets and a spacious, covered outdoor area. Washer/dryer on site. Conveniently located to I-95, North Miami, Miami Shores, etc. Rental rate includes landscaping. Can also be rented fully furnished for an additional cost. Renter's insurance required.

Facts

MLS#: A11987309
Subdivision: PARKWOOD TERRACE
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1954
Lot Size: 6,071 ft²
Sq. Ft.: 875 ft²
Sq. Mt.: 81 m²
Price per sq. ft.: $3/ft²
Price per sq. mt.: $35/m²
Stories: —
Garage: —
Pool: —
Days on Market: 42 days
Listed: Mar 27, 2026
Last Updated: May 8, 2026
Price/Lot Sq.Ft.: —

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).

5/8/2026	Price change	$2,850-5.0%
3/27/2026	Listed for sale	$3,000

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

Location

601 NW 116th St, Miami FL 33168Directions

GreatSchools Summary Ratings

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

Key Biscayne K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.3 mi
Key Biscayne Presbyterian School
PK,KG,1 · private · 0.7 mi
St Christophers Montessori
PK,KG,1,2,3,4,5,6,UG · private · 0.8 mi
St Christophers Episc Mont
PK,KG · private · 0.8 mi
St Agnes Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Mast Academy
6,7,8,9,10,11,12 · public · 3.4 mi
Amikids Miami-Dade South
6,7,8,9,10,11,12 · public · 3.5 mi
Immaculata-La Salle High School
9,10,11,12 · private · 4.5 mi
Immaculata-La Salle High School
9,10,11,12 · private · 4.5 mi
Ransom Everglades School
6,7,8 · private · 4.7 mi

Affordability

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

$9,500

gross income / month to qualify

Monthly rent$2,850

Required annual income$114,000

Security deposit (est.)$2,850

Move-in cost (1st + last + security)$8,550

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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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