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$130,000

1500 NE 127th St #314

1 bd · 1 ba · 668 sq ft

7 days on marketCondominium

Listing courtesy of Paz Global, Inc.. 305-466-2990

From the MLS

Bedrooms
1
Bathrooms
1
Living area
668 sq ft
Asking per square foot
$195
Year built
1964
Association fee
$399 monthly
ZIP code
33161
MLS number
A12090062

What the listing says

Great Investment Opportunity in a Prime North Miami Location! Beautiful 1-bedroom, 1-bathroom condo located on the third floor, ideally situated near the former Johnson & Wales University campus, US-1, and Downtown North Miami. This well-maintained residence features tile flooring throughout, central A/C, and a spacious, full-length patio extending across the entire unit—perfect for relaxing or entertaining. The apartment offers an excellent opportunity to add your personal touch. Enjoy one assigned parking space, elevator access, laundry facilities on every floor, and a well-managed community featuring a swimming pool and welcoming residents of all ages. Water and sewer are included in the maintenance fee. Excellent opportunity for investors! The property is currently rented for $1,500 per month through December 2027, providing immediate rental income. Although the community has an 18-month rental restriction, the existing tenant will remain in place through the end of the current lease, making this an attractive opportunity for an investor seeking a property with established rental income. Seller is motivated! Conveniently located and full of potential, this North Miami condo is an opportunity worth exploring.

Description supplied by Paz Global, 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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