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Located in a prime area, the property ranks in the 94.74 percentile for value for money and in the 100 percentile for value per square foot among local listings. It features a quiet environment conducive to remote work, with utilities included in the rent and access to high-speed internet, enhancing its appeal for professionals seeking a comfortable workspace. Additionally, it offers essential amenities and a favorable location, making it an attractive option for potential renters or buyers.
Things you’ll love
Great for
Building
| Onsite Laundry |
Neighborhood
| Central |
One-time.
One-time. Refundable.
Property Status: Active Studio apartment with private bathroom located in a quiet and peaceful neighborhood. Features include a refrigerator, shared laundry onsite, and all utilities (water, electric, and internet) included. An excellent option for anyone seeking an affordable place to live. Conveniently close to public transportation, major routes, shopping centers, and local restaurants—everything you need is within reach. Best rental deal in Miami! Available immediately! Office Phone: (954) 449-2700 Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 287 Northeast 118th Terrace #5 compares to other nearby properties.
Positives
| Neighborhood | Miami Shores |
|---|---|
| Zip code | 33161 |
| Type | Apartment for rent |
studio apartments at 287 Northeast 118th Terrace #5 cost about 9% less than the average rent price for studio apartments in Miami Shores.
| Month | Median Rent |
|---|---|
| December 2023 | $1,500 |
| January 2024 | $1,487 |
| February 2024 | $1,300 |
| March 2024 | $1,300 |
| April 2024 | $1,393 |
| May 2024 | $1,250 |
| June 2024 | $1,340 |
| July 2024 | $1,386 |
| August 2024 | $1,469 |
| September 2024 | $1,512 |
| October 2024 | $1,450 |
| November 2024 | $1,407 |
| December 2024 | $1,434 |
| January 2025 | $1,396 |
| February 2025 | $1,332 |
| March 2025 | $1,320 |
| April 2025 | $1,398 |
| May 2025 | $1,492 |
| June 2025 | $1,536 |
| July 2025 | $1,470 |
| August 2025 | $1,400 |
| September 2025 | $1,435 |
| October 2025 | $1,331 |
| November 2025 | $1,320 |
| December 2025 | $1,320 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,500 |
| January 2024 | $1,487 |
| February 2024 | $1,300 |
| March 2024 | $1,300 |
| April 2024 | $1,393 |
| May 2024 | $1,250 |
| June 2024 | $1,308 |
| July 2024 | $1,399 |
| August 2024 | $1,469 |
| September 2024 | $1,512 |
| October 2024 | $1,450 |
| November 2024 | $1,456 |
| December 2024 | $1,434 |
| January 2025 | $1,396 |
| February 2025 | $1,332 |
| March 2025 | $1,320 |
| April 2025 | $1,398 |
| May 2025 | $1,492 |
| June 2025 | $1,536 |
| July 2025 | $1,470 |
| August 2025 | $1,400 |
| September 2025 | $1,435 |
| October 2025 | $1,331 |
| November 2025 | $1,320 |
| December 2025 | $1,320 |
Can I afford to live at 287 Northeast 118th Terrace #5?
Bedrooms
StudioRent-to-income ratio
30%
$48,000/yr
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