Exceptional income-producing property in Palmetto Estates! Single-family 5/3 divided into three independent living areas: left side 2/1 rented for $2,080/mo; center/main 1/1 with full kitchen, living & dining, patio (owner-occupied, estimated rent $2,000+); right side converted 2/1 efficiency rented for $1,500/mo. Additional paved RV/boat pad rented for $500/mo (RV not included). Potential income $6,000+/mo. NEW roof (2022) & NEW A/C (2024). Large fenced lot with multiple parking spaces and RV/boat room. Perfect for investors seeking instant cash flow or multi-generational living. Convenient to US-1, Turnpike, hospitals, schools & shopping. Buyer to verify permits & current use.
LPT Realty, LLC
Features & Details
Learn about the features and details of 16320 SW 113th Ave
Property Details
Property Type
SingleFamilyResidence
Living Area
1,529 sqft
Year Built
1986
Lot Size
7,664 sqft
Stories
-
Annual Tax
$5,930.00
List Date
10/7/2025
Updated
10/8/2025
Last Checked
Recent
MLS Number
#A11892411
Brokerage
LPT Realty, LLC
Postal Code
33157
Area
Miami-Dade County
City
-
Additional Property Features
Occupancy
Tenant
List Price
$650,000.00
Unit Number
-
Construction
Block,ShingleSiding
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
None
Patio
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
Unfurnished
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Dishwasher, Electric range, Electric water heater, Microwave, Refrigerator
Inside
Bedrooms & Baths
5 Bed, 3 Bath
Bedrooms
5
Full Bathrooms
3
Ensuite
Yes
Bathrooms
3
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 16320 SW 113th Ave
$0
20.0%
$650,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$3,116
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Cash Flow Analysis
Mortgage Payment:
$3,116.09
Monthly Payment:
$3,610.25
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this beautiful singlefamilyresidence in the heart of . This well-appointed property offers 5 bedrooms, 3 bathrooms, 1,529 square feet of living space situated on a 7,664 square foot lot. Originally built in 1986. Offered at $650,000.00 The property comes with Dryer, Dishwasher, Electric range, Electric water heater, Microwave, Refrigerator. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.