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$149,000

12590 NE 16th Ave #210

1 bd · 1 ba · 878 sq ft

0 days on marketCondominiumWaterfront

Listing courtesy of New Emporium Properties, Inc.. 786-447-8466

From the MLS

Bedrooms
1
Bathrooms
1
Living area
878 sq ft
Asking per square foot
$170
Year built
1969
Association fee
$878 monthly
ZIP code
33161
MLS number
A12084920

What the listing says

Located in a well-kept building in North Miami, just minutes from Biscayne Blvd, FIU, shops, restaurants, and major highways. Ideal for investors or owner-occupants. Strong rental area with high demand. Unit is vacant and ready for immediate occupancy. Special assessment for major improvements is ongoing, and work is in the final stage Special assessment details monthly payment: $450.00, initial loan balance $38,648.00 Interest Rate 6.85% Term 20 years (started December 2023) Total to be payee Over Term (Dec 2043): $50,000.00, full monthly amortization available upon request

Description supplied by New Emporium Properties, Inc..

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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