1090 NE 129th St 205,North Miami, FL 33161
North Miami, FL 33161
Description
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.
Details
| MLS # | A12038674 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $408 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 79 |
| Listing Provided By | Real Broker LLC | Rodrigo Campos |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 583 |
| Garage | 1 |
| Car Port | Yes |
| Story(s) | 3 |
| Property View | Other |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Covered, One Space |
Taxes
| Tax Annual Amount | 3182 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 22 |
| Community Name | ARCH CREEK LANDING CONDO |
| Listing VS Median (in ARCH CREEK LANDING CONDO) | |
Price: $142,500 low | high Med: $153,750 sqft: 583 low | high Med: 648 $ / sqft: $244 low | high Med: $238 On site: 79 low | high Med: 93 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 22 |
| Community Name | ARCH CREEK LANDING CONDO |
| Listing VS Median (in ARCH CREEK LANDING CONDO) | |
Price: $142,500 low | high Med: $153,750 sqft: 583 low | high Med: 648 $ / sqft: $244 low | high Med: $238 On site: 79 low | high Med: 93 | |
