$130,000

For sale

1500 NE 127th St #314, North Miami FL 33161

1 beds1 baths668 sq ftBuilt 1964MLS# A12090062

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About this property

Great Investment Opportunity in a Prime North Miami Location! Beautiful 1-bedroom, 1-bathroom condo located on the third floor, ideally situated near the former Johnson & Wales University campus, US-1, and Downtown North Miami. This well-maintained residence features tile flooring throughout, central A/C, and a spacious, full-length patio extending across the entire unit—perfect for relaxing or entertaining. The apartment offers an excellent opportunity to add your personal touch. Enjoy one assigned parking space, elevator access, laundry facilities on every floor, and a well-managed community featuring a swimming pool and welcoming residents of all ages. Water and sewer are included in the maintenance fee. Excellent opportunity for investors! The property is currently rented for $1,500 per month through December 2027, providing immediate rental income. Although the community has an 18-month rental restriction, the existing tenant will remain in place through the end of the current lease, making this an attractive opportunity for an investor seeking a property with established rental income. Seller is motivated! Conveniently located and full of potential, this North Miami condo is an opportunity worth exploring.

Features

  • Garage

Property details

Property type
Condo
Year built
1964
Living area
668 sq ft
Price per sq ft
$195
HOA fee
$399/mo
Property taxes
$2,644/yr
Parking
1 spaces
Floors in building
3
Building / community
1500 Coral Towers Condo
Status
For sale
MLS #
A12090062

Listing courtesy of Paz Global, Inc..

Location

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