LA PALOMA

119 NE 118th St, Miami FL 33161

4 beds · 3 baths · 1,845 ft²

For Sale · Active Listing

$4,950

Est. Payment $26/mo

MLS Sheet

4

Bedrooms

3

Bathrooms

1,845

Sq. Ft.

2025

Year Built

1

Garage

0

Days on Market

Description

Brand-new townhome-style residence in a prime location, just minutes from Miami Shores, the Design District, beaches, shopping, and dining. This spacious home features 4 bedrooms, 3 bathrooms, a private garage, impact windows and doors, high ceilings, and plenty of natural light. The open-concept layout includes a modern European-style kitchen and generous living spaces. Enjoy a fully fenced private yard offering privacy and outdoor space. A great opportunity to enjoy the comfort and convenience of new construction.

Facts

MLS#
A12033842
Subdivision
LA PALOMA
Property Type
Residential Lease
Property Sub Type
Townhouse
Year Built
2025
Lot Size
6,737 ft²
Sq. Ft.
1,845 ft²
Sq. Mt.
171 m²
Price per sq. ft.
$3/ft²
Price per sq. mt.
$29/m²
Stories
Garage
1 spaces
Pool
Days on Market
Listed
Jun 10, 2026
Last Updated
Jun 10, 2026
Price/Lot Sq.Ft.
$1/ft²

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

June 2026

100/100
Buyers marketSellers market

35

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).

6/10/2026Listed for sale$4,950

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

Location

119 NE 118th St, Miami FL 33161Directions

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.

$16,500

gross income / month to qualify

Monthly rent$4,950
Required annual income$198,000
Security deposit (est.)$4,950
Move-in cost (1st + last + security)$14,850

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®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 3 hours ago

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