$505,000

545 NW 118th St Miami, FL 33168

Estimated payment $2,964/month

Total Views 353
3 Beds
2 Baths
1,645 Sq Ft
$307 Price per Sq Ft

Highlights

  • Fruit Trees
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • No HOA
  • Multiple Shower Heads
  • Open Floorplan

About This Home

This fantastic Miami property offers both a comfortable family home and lucrative rental income potential. Featuring a 3-bedroom, 2-bathroom main residence with 1,645 sq ft, this home also boasts an efficiency for additional rental income. Enjoy the convenience of being minutes from schools, parks, restaurants, and just 15 minutes from the beach. Recent upgrades include a 2018 electrical panel update, 2022 new windows, and a new roof in 2022. This is a rare opportunity to own a well-maintained property with built-in income.

Listing Agent

Joey Fumero-Manso

Re/Max Destination Realty License #279646883 Listed on: 07/17/2025

Re/Max Destination Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,002

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 100 x 60 x 100 x 60
  • Southeast Facing Home
  • Fruit Trees

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Multiple Shower Heads

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Will Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3021360290160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,002

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Lot Size: 100 x 60 x 100 x 60
  • Ownership: Single Family
  • Subdivision Name: WILL WAY
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Interior Amenities: Breakfast Area, Family/Dining Room, Living/Dining Room, Multiple Shower Heads, Other
  • Living Area: 1645.0
  • Dining Room Type: Other
  • Stories: 1
  • Window Features: Other

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Fruit Trees, Other
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association: No
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 3021360290160

Tax Info

  • Tax Annual Amount: 2002.0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,810 $115,938 -- --
2023 $1,810 $112,562 $0 $0
2022 $1,720 $109,284 $0 $0
2021 $1,682 $106,101 $0 $0
2020 $1,663 $104,637 $0 $0
2019 $1,253 $81,830 $0 $0
2018 $1,182 $80,305 $0 $0
2017 $1,163 $78,654 $0 $0
2016 $1,144 $77,037 $0 $0
2015 $1,137 $76,502 $0 $0
2014 -- $75,895 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $505,000 -- $307 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Divorce Dissolution Of Marriage Transfer -- None Available
Warranty Deed $130,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,900 Unknown
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 2025000601

Florida Gulf Coast Multiple Listing Service

APN: 30-2136-029-0160

Florida Miami/Dade County Miami 33168

545 NW 118th St, Miami, FL

This home is located at 545 NW 118th St, Miami, FL 33168 and is currently priced at $505,000, approximately $306 per square foot. This property was built in 1948. 545 NW 118th St is a home located in Miami-Dade County with nearby schools including Thomas Jefferson Middle School, Hubert O. Sibley K-8 Academy, and North Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes
Joey Fumero-Manso
Listing Agent
Joey Fumero-Manso
Section Image
Re/Max Destination Realty
(786) 756-7315