Spanish Mediterranean Villa fully licensed for Airbnb and short-term rentals. With a strong booking history and nearly 20% cap rate, this turnkey investment offers exceptional cash flow in today’s market. Featuring 7 bedrooms and 4 full bathrooms, the home combines luxury and functionality with a spacious layout, updated baths, a large kitchen, and expansive living areas ideal for group stays. The outdoor oasis is perfect for entertaining or relaxing, adding to its guest appeal. Set on a generous 10,125 sq. ft. lot and offered fully furnished, this property is ready to generate income from day one. Don’t miss this rare high-yield opportunity!
One Sotheby's International Re
Features & Details
Learn about the features and details of 577 NW 120th St
Property Details
Property Type
SingleFamilyResidence
Living Area
3,037 sqft
Year Built
1924
Lot Size
10,125 sqft
Stories
-
Annual Tax
$16,970.00
List Date
12/19/2024
Updated
6/6/2025
Last Checked
Recent
MLS Number
#A11711573
Brokerage
One Sotheby's International Re
Postal Code
33168
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
CallAgent
List Price
$1,595,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
InGround,Pool
Patio
Deck
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Electric range, Electric water heater, Washer
Inside
Bedrooms & Baths
7 Bed, 4 Bath
Bedrooms
7
Full Bathrooms
4
Ensuite
Yes
Bathrooms
4
Flooring
Mixed
Show More Features
Price history
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Mortgage Calculator
Estimate monthly payments for 577 120th St
20.5%100%
30 Years
Estimated Monthly Payment
$6,425
Cash Flow Analysis
Mortgage Payment:
$6,425
Monthly Payment:
$7,839.17
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this stunning singlefamilyresidence in the heart of Alhambra Heights, Miami. This well-appointed property offers 7 bedrooms, 4 bathrooms, 3,037 square feet of living space situated on a 10,125 square foot lot. Originally built in 1924. Offered at $1,595,000.00 The property comes with Dryer, Electric range, Electric water heater, Washer. 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.