1090 NE 129th Street Unit 205, North Miami, FL 33161

$142,500
1
BD
1
BA
583
SqFt

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List Price
$142,500
Days on Market
62
MLS#
A12038674
Year Built
1971
Bedrooms
1
Bathrooms
1
Living Area
583
MLS Area Major
2220

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.

Additional Information

Taxes
$3,182
Hoa Fee
$408
Interior Features
Other
Appliances
Electric Range, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Other
Garage Spaces
1
Elementary School
W.J. Bryan
Middle School
North Miami
High School
North Miami

Listing courtesy of Real Broker LLC.

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