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$142,500
North Miami, FL 33161
Estimated payment $1,704/month
includes HOA $408/mo · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
CASH ONLY – INVESTOR SPECIAL! Excellent income-producing opportunity in a highly investor-friendly building. Due to the high percentage of rental ownership, financing is not available, making this a cash-only purchase. The unit is currently tenant-occupied on a month-to-month lease paying $1,200/month, providing immediate rental income from day one while offering flexibility for future rent increases or occupancy plans. This bright and spacious 1-bedroom, 1-bath corner unit features abundant natural light, a private balcony, tile flooring throughout, and recently updated A/C and water heater, helping minimize future maintenance expenses. The well-maintained building offers reserves, covered parking, on-site laundry facilities, and security camera monitoring. Located in a high-demand rental market with convenient access to major highways, shopping, dining, and everyday conveniences. Low HOA fees enhance overall returns and make this an attractive addition to any investment portfolio. Whether you're looking for a stable cash-flowing asset or a value-add investment with upside potential, this property presents an outstanding opportunity. With immediate income in place and room to optimize rents, investors can capitalize on both current returns and future appreciation.
Tour with a local agent
Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-06-17T00:00:00.000Z | Listed for sale | $142,500$244/sqft |
Rodrigo Campos
Real Broker, LLC
Brokerage Phone: 855-450-0442
Source: Beaches MLS · MLS #A12038674
Data Powered by Home Junction, Inc.
W. J. BRYAN ELEMENTARY
Elementary · 0.3 mi
NORTH MIAMI SENIOR HIGH SCHOOL
High · 0.4 mi
DAVID LAWRENCE JR. K-8 CENTER
0.5 mi
A & K Supermarkets
0.3 mi
Delma's Supermarket
0.4 mi
Food Store
0.4 mi
The Wild Orchid Market and Music
0.2 mi
L'auberge
0.3 mi
Churo's
0.3 mi
Ray Cagni Park
0.5 mi
Griffing Park
1.0 mi
Enchanted Forest Park
1.0 mi
Ocean Terrace Public Beach
4.3 mi
Miami Beach
7.3 mi
14th Street Beach
8.1 mi
Nearby amenity locations include data © OpenStreetMap contributors.