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577 NW 120th St, Miami, Florida 33168

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Active For Sale
$1,595,000
  • Beds 7
  • Baths 4
  • Sq Ft 3,037 Sqft
  • Visits: 16 in 246 days

Description

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!

Features

  • Swimming Pool: Pool, In Ground
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Deck
  • Parking: Driveway, Guest, Other, On Street, Golf Cart Garage, Rv Access/parking, Parking Pad

Appliances

  • Appliances: Dryer, Electric Range, Washer, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: ALHAMBRA HEIGHTS
  • Zipcode: 33168
  • Street: 120th St
  • Street Number: 577
  • Floor Number: 0
  • Longitude: W81° 47' 30.8''
  • Latitude: N25° 53' 6.1''
  • Street Dir Prefix: NW
  • MLS Area: 21

MLS Addon

  • Architectural Style: Two Story
  • Association Fee: $0
  • Close Price: $0
  • Community Features: Other
  • Door Features: French Doors
  • Exterior Features: Barbecue, Deck, Awning(s), Security/high Impact Doors, Fence, Outdoor Shower, Fruit Trees, Other
  • Flooring: Tile, Wood, Hardwood
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Second Floor Entry, First Floor Entry, Upper Level Primary, Closet Cabinetry, French Door(s)/atrium Door(s), Walk-in Closet(s), Kitchen Island, Built-in Features, High Ceilings, Pantry, Split Bedrooms, Handicap Access, Main Level Primary, Vaulted Ceiling(s), Bar, Fireplace, Wet Bar
  • Levels: Two
  • Listing Terms: Cash, Conventional
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 2
  • Tax Annual Amount: $16,970
  • Tax Year: 2024

Location

Listing Updated: 2025-08-20 03:02:28

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11711573
  • Price : $1,595,000
  • View : Golf Course,Garden,Lagoon
  • Bedrooms : 7
  • Bathrooms : 4
  • Full Bathrooms : 4
  • Half Bathrooms : 0
  • Square Footage : 3,037 Sqft
  • Year Built : 1924
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 245
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