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    Waterfront Land with Residential Home Title is generated by Realmo AI

    1650 NE 115th St, Miami, FL 33181

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    For Sale
    $215,000

    LAND - Miami, FL

    Property size:
    710 SF
    Price / SF:
    $302/SF
    Added:
    Jun 17, 2026
    Days on Market:
    22
    Last Refresh:
    Jul 8 at 11:06 am

    Property Features for 1650 NE 115th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Interior features
    Elevator
    Exterior features
    Balcony
    Accessibility
    Accessible Elevator Installed
    Appliances
    Dishwasher, Microwave
    Standard status
    Active
    APN
    30-22-32-080-0490
    Size
    710 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CRICKET CLUBHOUSE CONDO UNIT 609 UNDIV .15504% INT IN COMMON ELEMENTS OFF REC 13424-772 OR 13981-796 0189 1 COC 24752-0706 06 2006 4
    Tax Annual Amount
    3070

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front
    1

    Building Details

    Year built
    1972
    Building materials
    Block

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    Contact an agent
    Carolina Mizraji

    Listing agent Carolina Mizraji License #3236227

    Listing office Dalton Wade Inc 260 1st Ave S Suite 200, St. Petersburg, FL

    Listing date Jun 17, 2026

    MLS# A12024277 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Waterfront 1‑bedroom, 2 full‑bath residence on a quiet street east of Biscayne
    • Accessible elevator installed, plus an elevator in the interior and a balcony on the exterior
    • Central heating and central air
    • Remodeled kitchen with quartz countertops; includes dishwasher and microwave
    • Block construction; built in 1972
    • New floors and updated appliances

    Overview

    This waterfront land offering includes an existing 1-bedroom, two full-bath residence. The home features a spacious primary suite and updates throughout, including new floors, new appliances, and a remodeled kitchen with quartz countertops. The property is described as providing sunrise and sunset views.

    Located on a quiet street east of Biscayne, the site is addressed at 1650 NE 115th St in Miami, within Miami-Dade County. The information provided characterizes the setting as waterfront living with views from the home.

    For buyers looking for waterfront living on their own terms, the combination of land and an already-present residence can support immediate occupancy while retaining flexibility for future plans. The listing is also positioned as suitable for those considering a residential income strategy, based on how the property is categorized in the provided materials. Interested parties should review the property details and submit an offer for consideration.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $25.6k $36.00
    − Vacancy −$1.7k −$2.41
    EGI $23.8k $33.59
    − OpEx −$10.7k −$15.11
    NOI $13.1k $18.47
    710 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $187.4K
    $164.0K – $218.6K (±1% cap)
    NOI $13,116 @ 7.0% cap · market cap 6.10%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $479.3K
    $419.4K – $559.1K (±1% cap)
    NOI $33,548 @ 7.0% cap · market cap 15.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    MGTech Aircraft Services Freight Service Trentto Architecture Architecture Firm Daryl Arno Kutner Financial Advisor LAIN Studios Film Production A&R Mobile Repair ... Auto Repair Shop

    Suggested Use

    Plumbing Service (Bike/Boat/Book/etc) Store Tanning Salon Restaurant (Bike/Boat/Book/etc) Store Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Mobile Phone Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.164174
    Latitude
    25.881551

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront property with an existing 1-bedroom, two-bath residence, offering sunrise and sunset views.
    Where is this waterfront land located?
    The property is located at 1650 NE 115th St Miami, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Waterfront 1‑bedroom, 2 full‑bath residence on a quiet street east of Biscayne; Accessible elevator installed, plus an elevator in the interior and a balcony on the exterior; Central heating and central air
    More about this property
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