LA PALOMA
65 NW 116th St, Miami FL 33168
4 beds · 2 baths · 1,320 ft²
$860,000
Est. Payment $4,577/mo
4
Bedrooms
2
Bathrooms
1,320
Sq. Ft.
1950
Year Built
24
Days on Market
Description
Turnkey Airbnb Investment Opportunity in the Heart of Miami! Looking for an income-producing property in one of South Florida's most desirable locations? This beautifully maintained **4-bedroom, 2-bathroom home** offers the perfect combination of comfort, convenience, and exceptional investment potential. Located in the **heart of Miami**, you'll be just minutes from world-class shopping, restaurants, beaches, Miami International Airport, Downtown Miami, Wynwood, Brickell, Coral Gables, and all the attractions that make Miami one of the most visited destinations in the world. Whether you're searching for your next home, a vacation property, or a high-performing short-term rental, this property checks every box. It has a proven track record with the potential to generate **$10,000 to $15,000 per month** in Airbnb rental income, making it an outstanding investment opportunity. ### Property Features: * 4 Spacious Bedrooms * 2 Updated Bathrooms * Open and Inviting Floor Plan * Beautiful Outdoor Living Space * Prime Central Miami Location * Minutes to Shopping, Dining, Entertainment & Major Highways * Excellent Short-Term Rental Potential * Estimated Airbnb Income: **$10,000–$15,000 per Month** Properties like this don't come around often. Whether you're expanding your investment portfolio or looking for a home that can produce exceptional cash flow, this is an opportunity you don't want to miss.
Facts
- MLS#
- A12059650
- Subdivision
- LA PALOMA
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 10,275 ft²
- Sq. Ft.
- 1,320 ft²
- Sq. Mt.
- 123 m²
- Price per sq. ft.
- $652/ft²
- Price per sq. mt.
- $6,992/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 24 days
- Listed
- Jul 24, 2026
- Last Updated
- Aug 17, 2026
- Price/Lot Sq.Ft.
- $84/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$875,000
4 bd · 2 ba · 1,887 sqft
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4 bd · 3 ba · 1,346 sqft
11028 NW 2nd Ave, Miami Shores FL 33168

$825,000
4 bd · 3 ba · —
134 NE 117 st, Miami FL 33168
SOLD$780,000
4 bd · 2 ba · 1,625 sqft
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SOLD$945,000
4 bd · 2 ba · 2,076 sqft
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SOLD$750,000
4 bd · 2 ba · 1,991 sqft
13130 NW 1st Ave, Miami FL 33168
SOLD$741,000
4 bd · 2 ba · 1,649 sqft
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3 bd · 2 ba · 1,870 sqft
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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
September 2026
24
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).
| 7/24/2026 | Listed for sale | $860,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$5,444/mo
Principal & Interest
$4,577
Property Tax
$717
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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 within 24 hours
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