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.
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.