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1500 Ne 127th St Unit #314, North Miami, FL 33161

$130,000
: 1
BD
: 1
BA
: 668
SqFt

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List Price: $130,000
MLS#: A12090062
Complex Name: 1500 Coral Towers Condo
Status: ACTIVE
Type: Condo
Bedrooms: 1
Full baths: 1
Living Area: 668

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Property Description

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.

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Additional Information

Days on Market: 10
Interior Features: Elevator
Tax Amount: $2,644
Parcel Number: 06-22-29-065-0410
#Garage Spaces: 1
Bedroom Description: Other
Association Fee: $399
Unit View: Garden View, Pool Area View
Parking Restrictions: 1 Space
Unit Number: 314
Elementary School: David Lawrence Jr K-8
SqFt Liv Area: 668
Amenities: Laundry, Pool
Year Built: 1964
Style: Condo 1-4 Stories, Condo
Restrictions: Corporate Buyer OK, No Daily Rentals, No Lease-1st Year Owned, Ok To Lease
Development Name: 1500 Coral Towers Condo
Middle School: North Miami
Construction Type: Other
Section: 29