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577 NW 120th Street, Miami, FL 33168 (MLS# A11711573)

577 NW 120th Street, Miami, FL 33168

$1,500,000
Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 3,157 Status: Closed
Current Price: $1,500,000 List Date: 12/19/2024 Last Modified: 8/12/2026

Overview

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!

Listing Details MLS# A11711573

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
7
Bathrooms Total
4
Bathrooms Full
4
Building Area Main
3157
Living Area Main
3037
Adjusted Area Main
2789
Accessibility Features YN
Yes
Year Built
1924
Lot Size Area
10125
Lot Size Acres
0.23
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes

Property Features

Exterior Features: Awning(s); Barbecue; Outdoor Shower; Other Flooring: Tile; Wood Leasing Permitted Details: Okay To Lease Parking Features: Boat Access/Parking; Driveway; Golf Cart Garage; Guest; On Street; RV Access/Parking; Strip/Slab Property Condition: Resale Appliances: Dryer; Electric Range; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Bedroom Layout - Split; Bedroom Layout - Three Way Split; Built-in Features; Closet Cabinetry; French Doors; High Ceilings; Kitchen Island; Pantry; Storage; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Levels: Two Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s) Pool Features: In Ground Possession: Negotiable Restrictions: No Restrictions Roof: Barrel Sewer: Septic Tank Tax Information: City/County View: Other Water Source: Other Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Deck Room Types: Den; Laundry; Media Room; Other

Contract Information

Comp Sale YN
No
Original List Price
1750000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
577
Street Direction Prefix
NW
Street Name
120th
Street Suffix
Street
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33168
Postal Code +4
3528
Postal Zip
33168
Subdivision Name
ALHAMBRA HEIGHTS
Area
2210
Elementary School
Hubert O. Sibley K-8 Academy
Middle Or Junior School
Thomas Jefferson
High School
North Miami
Parcel Number
3021250180880
Subdivision Number
18
Zoning
0100
Flood Zone
X

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
16970
Tax Year
2024
Tax Legal Description
25-26 52 41 ALHAMBRA HEIGHTS PB 17-54 W1/2 LOT 27 & ALL LOT 28 BLK 10 LOT SIZE 75 X 135 OR 20677-4863 07 2002 1

Status Change Information

Major Change Timestamp
2025-09-10T21:25:57Z
Major Change Type
Status Change
Price Change Timestamp
2025-06-06T16:50:41Z
Status Change Date
2025-09-26
Under Contract Date
2025-08-13
Close Date
2025-09-10
Close Price
1500000
Buyer Financing
Conventional

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes

Storm Protection

Impact Glass
Partial

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
Yes
Seller Concessions Amount
1500

Price Calculations

Current Price To SqFt
493.91

Section Details

Parcel Number MLX
0880

Originating Details

Originating System Key
404673019
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Amenities

Other
Yes

Exterior Features

Awning(s)
Yes
Barbecue
Yes
Outdoor Shower
Yes
Other
Yes

Flooring

Tile
Yes
Wood
Yes

Parking Features

Boat Access/Parking
Yes
Driveway
Yes
Guest
Yes
On Street
Yes
Golf Cart Garage
Yes
RV Access/Parking
Yes
Strip/Slab
Yes

Property Condition

Resale
Yes

Fencing

Fenced
Yes

Possession

Negotiable
Yes

Sewer

Septic Tank
Yes

View

Other
Yes

Heating

Central
Yes

Appliances

Dryer
Yes
Electric Range
Yes
Washer
Yes

Construction Materials

CBS
Yes

Interior Features

Bar
Yes
Bedroom Layout - Split
Yes
Bedroom Layout - Three Way Split
Yes
Built-in Features
Yes
Closet Cabinetry
Yes
French Doors
Yes
High Ceilings
Yes
Kitchen Island
Yes
Pantry
Yes
Storage
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Fruit Tree(s)
Yes

Pool Features

In Ground
Yes

Roof

Barrel
Yes

Water Source

Other
Yes

Water Heater Details

Electric Water Heater
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Master Bedroom/Bath

Bedroom On Entry Level
Yes
Master Bdrm - Ground
Yes
Master Bdrm - Upstairs
Yes

Pool Size Details

Pool Size (WxL)
No

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Deck
Yes

Room Types

Den
Yes
Laundry
Yes
Media Room
Yes
Other
Yes

Room Information

Room Name
Den
Media Room
Other
Laundry
IDX
Listing Office: One Sotheby's International Realty
Last Updated: August - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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