About This Home
Amazing investment opportunity, Single family house located in Medley; sitting right on Lake Okeechobee, with beautiful relaxing lake views. This unique income producing property is currently rented, producing a stable $6,500 per month. Very well situated, close to everything, in an extensive industrial and residential area, fantastic rental location for this investment property. Close to the Airport, Okeechobee Road, Palmetto Expressway and other major highways. Schedule your showings at least 24hr prior notice, text listing agent.
Listing SummaryAI-generated from listing data
Imagine waking up every morning to the serene views of Lake Okeechobee, with the gentle lapping of the water against the shore creating a soothing melody. This stunning property, situated at 7643 S River Drive in Medley, offers a unique blend of relaxation and opportunity. With 2 bedrooms and 1 bathroom, this 2,189 sq ft residence provides ample space to unwind and enjoy the tranquil atmosphere. The property's 3,049 sq ft lot and lakefront location make it an ideal spot to soak up the sun and take in the breathtaking views. As she steps inside, the homeowner is greeted by the warm and inviting atmosphere of this 1976-built home. The current rental income of $6,500 per month makes this property an attractive investment opportunity. Medley's extensive industrial and residential area provides easy access to major highways, including the Palmetto Expressway and Okeechobee Road, making it an ideal location for those who need to commute. The proximity to the airport also adds to the convenience of this property. The location of this property offers the perfect balance of relaxation and accessibility. Medley, situated in Miami-Dade County, provides a unique blend of industrial and residential areas, making it an attractive location for investors and residents alike. The property's lakefront location and stunning views of Lake Okeechobee create a sense of serenity and tranquility, making it the perfect spot to escape the hustle and bustle of city life. For those interested in learning more about this incredible opportunity, Darci Margeson at Homes by Darci invites readers to schedule a private showing or ask questions. With her expertise and knowledge of the property, Darci is happy to provide more information and help potential buyers make this house their home. Reach out to Darci Margeson at Homes by Darci to schedule a private showing or ask questions about this stunning property. She looks forward to helping you. Schedule a showing today! She is ready to help you with all your real estate needs. Call now! No - She is ready to help you with all your real estate needs and looks forward to hearing from you to answer your questions and schedule a private showing of this property. She is ready to help you with all your real estate needs and looks forward to hearing from you to answer your questions and schedule a private showing of this property. For those interested in learning more about this incredible opportunity, Dar
Facts & Features
52 detailsOverview
- Price / Sq Ft
- $286
- List Price
- $625,000
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Total Rooms
- 1
- Living Area
- 2,189 sq ft
- Lot Size
- 3,049 sq ft
- Year Built
- 1976
- Stories
- 2
- Property Type
- Residential
- Sub-Type
- Single Family Residence
- Standout Features
- Canal FrontCity SewerCity WaterNo HOA
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- CarpetCeramic Tile
- Appliances
- Electric Water HeaterDishwasherElectric RangeMicrowaveRefrigeratorWasherOther
Exterior & Construction
- Direction Faces
- South
- Zoning
- 0100
- Exterior Features
- BarbecueOther
- Construction
- CBS
- Roof
- Shingle
- View
- RiverCanal
Parking & Garage
- Carport Spaces
- 3
- Parking Features
- Driveway
Waterfront & Boating
- Waterfront
- Yes
Community & HOA
- Community Amenities
- None
Utilities & Green Energy
- Water Source
- Public
- Sewer
- Public Sewer
Location & Schools
- Address
- 7643 S River Drive, Medley, FL 33166
- City
- Medley
- County
- Miami-Dade
- Zip Code
- 33166
- Subdivision
- 11 53 40 FLA FRUIT LAND C
- Elementary School
- Springview
- Middle School
- Miami Springs
- High School
- Miami Springs
- State
- FL
Financial & Tax
- Annual Tax
- $1,566
- Parcel Number
- 2230110021504
Listing & MLS
- MLS #
- A12058771
- Listing Agent
- Caridad Casado
- Listing Office
- Yellowstone Properties
- Listing Updated
- Jul 23, 2026
Additional Details
- Levels
- Two
- Postal Code Plus4
- 2509
- Mls Area Major
- 2300
- Lot Size Area
- 3,076
- Photos Count
- 17
- Property Type Label
- Residential
- Permit Internet
- Yes
- Is New Listing
- Yes
Monthly Cost
Estimated with 20% down ($125,000), 30-yr fixed at 6.5%
- Principal & interest
- $3,160
- Property taxes
- $131
- Home insurance
- $313
Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.
Price & Status History
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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.
Schools
Elementary
Springview
Middle / Jr High
Miami Springs
High School
Miami Springs
School assignments can change — verify enrollment eligibility directly with the school district.
Location & Flood Zones
7643 S River Drive, Medley, FL 33166
Medley, FL 33166
11 53 40 FLA FRUIT LAND C
Listed by
Caridad Casado
Yellowstone Properties
MLS #A12058771. Information deemed reliable but not guaranteed. Listing information last updated Jul 23, 2026.
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- Principal & interest
- $3,160
- Property taxes
- $131
- Home insurance
- $313
- Loan amount
- $500,000
Taxes based on the latest county tax bill ($1,566/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.