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$700,000
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Property Description
Don't miss this great investment opportunity or spacious single-family home featuring 5 bedrooms and 4 bathrooms. Property offers two income-producing efficiencies (currently rented at $900 and $1,000 per month). Recently remodeled kitchen, updated floors, and new appliances. Enjoy a very large pool and spacious patio, perfect for entertaining, plus exterior storage. Excellent location, close to major highways, shopping, schools, dining, 15 min from Aventura Mall, and Miami airport. Ideal for owner-occupants or investors seeking strong rental potential.
Full Property Details
Full Property Details for 1140 NE 196th Terrace
General
- Price: $700,000
- Taxes: $7,000 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11949054
- Updated: 2/16/2026
- Added to Site: 42 day(s) ago
Interior
- Interior Features: First Floor Entry, Garage Converted
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Garage Converted Sq. Ft.
- Dining Room: Dining/Living Room
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Pool: Yes
- Pool Description: Concrete, 12x24
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Driveway
Location
- Area: Ives Estates Sec 1
- County: Miami-Dade County
- Subdivision: IVES ESTATES SEC 1
- Building Name: IVES ESTATES SEC 1
- Direction Faces: North
School Information
- Middle School: Highland Oaks
Community
- Community Name: Ives Estates Sec 1
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: Pool Only, House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Hurricane Shutters
- Building Size: 1665
- Square Feet: 1,518
- Living Area: 1,518 Sq. Ft.
- Year Built: 1958
Lot Features
- Property View: Pool
- Lot Size (Sq. Ft.): 7,500
- Lot Features: Less Than 1/4 Acre Lot, Interior Lot
- Zoning: 100
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $461.13
- Tax Amount: $7,000
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 5 52 42 IVES ESTATES SEC 1 PB 57-74 LOT 2 BLK 14 LOT SIZE SITE VALUE OR 16654-1916 0195 1 COC 26223-4170 01 2008 3
- Restrictions: Ok To Lease
- Property ID: 30-22-05-002-2540
Listed by Capital Brokers, LLC.
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Schools
Schools serving 1140 NE 196th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Madie Ives K-8 Preparatory Academy 20770 Ne 14th Ave, North Miami Beach, FL 33179 | PK-5 | 0.7 mi |
Highland Oaks Middle School 2375 Northeast 203rd Street, Miami, FL 33180 | 6-8 | 1.6 mi |
Dr Michael M. Krop Senior High School 1410 Northeast 215th Street, Miami, FL 33179 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 NE 196th Terrace
Date
Details
Price
Change
Source
2/16/2026
Price Reduced
$700,000
-4.11%
MLS
1/28/2026
Price Reduced
$730,000
-2.67%
MLS
1/20/2026
Listed
$750,000
51.52%
MLS
7/19/2023
Sold
$495,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1140 NE 196th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,000
-5%
$410,512
5%
2024
$7,387
15%
$392,662
14%
2023
$6,414
10%
$344,347
12%
2022
$5,814
38%
$308,636
48%
2021
$4,198
59%
$208,541
30%
2019
$2,642
5%
$159,905
2%
2018
$2,512
1%
$156,924
2%
2017
$2,491
-14%
$153,697
20%
2016
$2,883
6%
$127,900
10%
2015
$2,714
11%
$116,273
10%
2014
$2,447
2%
$105,703
2%
2013
$2,408
—
$103,871
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1140 NE 196th Terrace
1140 NE 196th Ter, Miami, FL 33179 (MLS# A11949054) is a Single Family property with 5 bedrooms and 4 full bathrooms. 1140 NE 196th Ter is currently listed for $700,000 and was received on January 20, 2026. Want to learn more about 1140 NE 196th Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

