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577 NW 120th StMiami, FL 33168

For Sale

$1,595,000

Smart Buyer Rebate $15,950

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!

Listed by George Burns

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License #3360700

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One Sotheby's International Re

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305-904-7703

Listed by David Pullman

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License #3449840

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One Sotheby's International Re

Last updated August 20, 2025

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Source: MIAMIRE #A11711573

Listing Facts

  • TypeSingle-family
  • NeighborhoodAlhambra Heights
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu264
  • Taxes$16,970/year
  • Size3,037 sqft
  • Price per sqft$525

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Swimming Pool

Location

Mortgage Calculator

Listing History

06/06/2025
Price Decreased
$1,595,000
01/22/2025
Price Decreased
$1,650,000
12/19/2024
Listed by One Sotheby's International Re
$1,750,000

Property Details for 577 NW 120th St

Association

Amenities

  • Community Features: Other

Exterior

Construction

  • Roof: Barrel Roof
  • Structure Type: Pool Only, House
  • Year Built: 1924
  • Year Built Details: Resale
  • Architectural Style: Attached, Two Story
  • Building Name: ALHAMBRA HEIGHTS
  • Construction Materials: CBS Construction
  • Exterior Features: Barbeque, Fruit Trees, Other, Outdoor Shower

Features

  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Awning(s), Deck
  • Pool Features: In Ground
  • View: Other

Measurements

  • Building Area Total: 3,157
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Square Feet: 10,125
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 30-21-25-018-0880
  • Tax Annual Amount: $16,970.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dryer, Electric Water Heater, Electric Range, Washer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Features: First Floor Entry, Second Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, French Doors, Pantry, Split Bedroom, 3 Bedroom Split, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Media Room, Other, Storage, Utility Room/Laundry

Measurements

  • Living Area: 3,037
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Other

Features

  • Accessibility Features: Accessible

Location

  • Subdivision Name: ALHAMBRA HEIGHTS

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest, Other, Rv/Boat Parking, Slab/Strip, On Street

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Utility Room/Laundry
  • Sewer: Septic Tank
  • Water Source: Other

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.