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Active condo SALE

1090 Ne 129th Street 205, North Miami, Florida 33161

North Miami, FL 33161

$142,500
1 bed
1 bath
583 sqft
HOA: $408.00
Property Details
MLS# A12038674
Type Condo
Square Footage 583
Bedrooms 1
Bathrooms 1 full
Year Built 1971
Tax Amount $3,182
HOA Fees $408
Garage Spaces 1

Property 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.
Amenities
1-car Garage
3 Stories
Balcony
Balcony, Outdoor Living Area
Built 1971
Cooling: Central Air
Heating: Central
Other
Outdoor Living Area
View: Other

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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office: Real Broker LLC
Listing Agent: Rodrigo Campos

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Updated: 07/11/2026 6:15 AM

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