This Miami single-family property, with its 4 beds and 3 baths, spans 3,932 sqft. Considering the comps, the rental potential ranges from $7,775 to $15,000 monthly. The market in Miami's 33156 is robust, marked by rising property values. Features like its spacious layout and pool (albeit features unknown) enhance desirability. However, as a single-family home, it might attract long-term tenants more than high turnover. Challenges may include the competitive rental market and maintenance of such a large space.
To boost rental income, consider modernizing the kitchen and bathrooms, as these are key selling points for potential renters. Adding popular amenities like energy-efficient systems or smart home features can also enhance appeal. If the owner is contemplating selling, now may be advantageous given the appreciating market values and high demand in Miami. Positioning the property as a premium rental could attract higher-end tenants.
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Current Specs
4 Bed / 3 Bath
3,932 sqft
Single-Family
Built in 1994
Concrete Block construction
Bahama/Ceramic Tile/Blt-Up Tg
Pool
Rent Comps
$6,500
$9,995
$20,000
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
6 Listings
4 Bed / 3 Bath
3,092 - 4,314 sqft
Within 2.3 mi
Avg. Monthly Rent$9,812
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.