Discover endless potential in the quaint waterfront home, perfectly positioned in the rarely available and highly coveted Waterways neighborhood-one of Miami hidden gems. All about location, this single-family residence sits on a serene canal offer tranquil water views and direct access to the neighborhoods unique lifestyle.
Featuring a newer roof and hurricane impact windows on most openings, this home already has key upgrades in place. This home is ready for your personal touch - remodel, redesign, and bring your vision to life in one of the city's most central and convenient locations.
Whether you're looking to create your dream home or invest in a property with unlimited upside, this is an opportunity you don't want to miss.
Compass Florida, LLC
Features & Details
Learn about the features and details of 3251 S Lake Dr
Property Details
Property Type
SingleFamilyResidence
Living Area
1,296 sqft
Year Built
1970
Lot Size
5,000 sqft
Stories
-
Annual Tax
$1,531.00
List Date
9/3/2025
Updated
9/4/2025
Last Checked
Recent
MLS Number
#A11861729
Brokerage
Compass Florida, LLC
Postal Code
33155
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Vacant
List Price
$650,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
No
Locker
No
Swimming Pool
None
Patio
Open,Porch
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Refrigerator, Washer
Inside
Bedrooms & Baths
3 Bed, 2 Bath
Bedrooms
3
Full Bathrooms
2
Ensuite
Yes
Bathrooms
2
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 3251 S Lake Dr
$0
20.0%
$650,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$3,116
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Cash Flow Analysis
Mortgage Payment:
$3,116.09
Monthly Payment:
$3,243.67
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional singlefamilyresidence in the heart of Coral Terrace, Miami. This well-appointed property offers 3 bedrooms, 2 bathrooms, 1,296 square feet of living space situated on a 5,000 square foot lot. Originally built in 1970. Offered at $650,000.00 The property comes with Dryer, Refrigerator, Washer. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.