406 Miller Rd

Riviera, Miami, FL · 8 days on market · View on Zillow

406 Miller Rd

$2M somewhere else buys…

3 bedrooms · 2 baths · 1,593 sqft · 6,050 sqft lot

Built 1968 · 1 Attached Garage space · Pool · $1240/sqft (city median $425)

A rare renovated pool home in the heart of South Gables, blending modern design with effortless indoor-outdoor living. This 3-bedroom residence features a spacious redesigned kitchen with quartz countertops, updated appliances, and an open flow ideal for everyday living and entertaining.

What this place offers

  • Private pool
  • Heating: Central
  • Cooling: Central Air
  • 1 Attached Garage space
  • Garage
  • Top school rating 10/10 nearby

The numbers

$36K/yr

Property tax (actual rate)

$7K/yr

Insurance (quoted)

Price history

2004$512,000
2022$950,000
2023$1,470,000
2026 (asking)$1,975,000

Up 286% since 2004

$1,975,000

Down payment20% · $395,000
%
Mortgage (principal + interest)$9,883
Property tax$3,028
Home insurance$593
All-in monthly$13,504/mo

You'd need about $578,735/yr in household income (28% rule) plus $395,000 in cash.

Would rent for ~$6,415/mo · 3.9% gross yield

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