$500,000
●
House -
Off Market
545 NW 45th Street
Miami, FL 33127
3 Beds
2 Baths
1,470 Ft²
$4,270
Est. Monthly
About This Property
Discover the potential of this charming 1973 3BR, 2 BA craftsman
style home located in the highly sought-after Bay Vista Park, just
minutes from Wynwood in Miami. This property presents an exciting
opportunity for buyers with a vision, as its land use allows for 2+
units. This renovation opportunity is priced to sell, offering the
chance to make it your own. Embrace the charm of the
craftsman style, unlock the potential for development, and seize
the opportunity to customize this property to your liking. This
unique property boasts an original working fireplace, an avocado
tree, an ancillary unit in the yard, and a wooden shed, adding to
its character and potential. Don't miss out on this chance to
invest in a prime location and make your mark in Miami's vibrant
real estate market
Unit Size
1,470 Ft²
Days on Market
133 days
Land Size
0.13 acres
Price per sqft
$493
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1932
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Beaches MLS #F10456100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | Listed | $979,000 | |
| Listed | |||
| | |||
|
Totally remodeled luxury property located in Miami Design District adjacent Buena Vista area. 3 bedroom, 2 bathroom main residence and detached 1 bedroom, 1 bathroom guest house with kitchen, living room, bedroom and bathroom also fully upgraded. A legal two unit property, ideal for rental income or private In-laws quarters. Modern sleek European kitchen and bathrooms with Bluetooth smart toilets. property features premium finishes throughout, including custom closets. High impact doors, windows, new roof, central A/C, electric, plumbing etc.. Completely gated/fenced with exterior LED lighting and lighted aluminum roofed patio with electric all set for a summer kitchen. This is a turnkey property.
| |||
| Apr 7, 2025 | Listed | $930,000 | |
| Listed | |||
| | |||
|
Fully remodeled luxury residence in Buenavista, minutes from Miami’s iconic Design District. 3-bed, 2-bath main home is paired with a beautiful 1-bed, 1-bath guest house featuring its own living room and kitchen ideal for visitors or income potential. Every inch of this property has been thoughtfully upgraded with premium finishes and cutting-edge design. The elegant gourmet kitchen is a showstopper, quartzite countertops and striking gold accents. High-impact doors and windows flood the home with natural light, LED lights and a smart landscaping system elevating outdoor living. Brand-NEW electrical, PVC plumbing, NEW shingle roof, AC, appliances and even Bluetooth smart toilets. Custom closets, sleek modern baths and a fully fenced yard complete this turnkey masterpiece.
| |||
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Compass Florida, LLC | $725,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
|
Discover the potential of this charming 1973 3BR, 2 BA craftsman style home located in the highly sought-after Bay Vista Park, just minutes from Wynwood in Miami. This property presents an exciting opportunity for buyers with a vision, as its land use allows for 2+ units. This renovation opportunity is priced to sell, offering the chance to make it your own. Embrace the charm of the craftsman style, unlock the potential for development, and seize the opportunity to customize this property to your liking. This unique property boasts an original working fireplace, an avocado tree, an ancillary unit in the yard, and a wooden shed, adding to its character and potential. Don't miss out on this chance to invest in a prime location and make your mark in Miami's vibrant real estate market
| |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern Miami
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Listed by: Tina M Buccellato
Compass Florida, LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# F10456100
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Compass Florida, LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# F10456100
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017