LA PALOMA

65 NW 116th St, Miami FL 33168

4 beds · 2 baths · 1,320 ft²

For Sale · Active Listing

$860,000

Est. Payment $4,577/mo

MLS Sheet Video

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.

Market insights for Miami

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

Sellers market

September 2026

100/100
Buyers marketSellers market

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).

7/24/2026Listed 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

65 NW 116th St, Miami FL 33168Directions

Estimated Monthly Payment

$5,444/mo

Principal & Interest

$4,577

Property Tax

$717

Insurance

$150

HOA

$0

20% ($172,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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