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1090 NE 129th St , Unit 205

North Miami, FL

Listing Details

  • $142,500
  • MLS# A12038674
  • Type Residential - Condominium
  • Status Active
  • 1
    Bedrooms
  • 1 full
    Bathrooms
  • 583
    Square Feet
  • 1971
    Year Built

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.... Read more 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 youre 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.

Key Features

  • West Of Us1
  • Open Balcony
  • Second Floor Entry
View All Features
1090 NE 129th St 205
North Miami, FL 33161
Subdivision
ARCH CREEK LANDING CONDO
County
Miami-Dade
Schools
North Miami

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Residential - Condominium
  • Appliances: Electric Range, Refrigerator
  • Association Amenities: Elevator(s)
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 29
  • Exterior Features: West Of Us1,Open Balcony
  • Flooring: Ceramic Floor
  • Garage: 1
  • Heating: Central
  • HOA Fee: 408/ Monthly
  • Home Style: Corner Unit
  • Home Warranty Y/N: No
  • Interior Features: Second Floor Entry
  • Laundry: Common Area
  • Lease Considered Y/N: No
  • Listing Terms: All Cash
  • Parcel#: 06-22-29-106-0130
  • Parking: Attached Carport,1 Space, Additional Spaces Available, Covered
  • Parking Notes: Attached Carport,1 Space, Additional Spaces Availab
  • Patio/Porch: Open Balcony
  • Pets Allowed: No
  • Property Attached Y/N: Yes
  • Property Sub-Type: Condominium
  • Security: Other
  • Special View Info: Other View
  • Stories: 3.0
  • Taxes: $3,182
  • Year Built: 1971