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12905 Ixora Rd
About This Property
Open living and dining spaces flow into a spacious gas kitchen with large island and bar seating. The primary suite overlooks the garden and features three walk-in closets and a remodeled bath with dual vanities, Jacuzzi tub and separate shower. Three additional bedrooms, a TV area and separate laundry complete the interior.
Outdoors, a heated and cooled saltwater pool, expansive decking and a pergola with summer kitchen create an exceptional setting for entertaining. Two docks accommodate boats up to 80 and 50 feet, with a boat lift and dedicated Jet Ski dock. Direct Intracoastal and Biscayne Bay access with no fixed bridges makes this a true boater's paradise-minutes from Miami's best amenities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by Urdapilleta Real Estate, LLC | $4,350,000 | |
| Listed by Urdapilleta Real Estate, LLC | |||
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | No longer available | - | |
| No longer available | |||
| Sep 16, 2019 | Listed by Urdapilleta Real Estate, LLC | $1,650,000 | |
| Listed by Urdapilleta Real Estate, LLC | |||
| Aug 17, 2017 | Sold | ||
| Sold | |||
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About North Miami
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017