
$142,500
CondominiumActive1090 NE 129th St # 205, North Miami FL 33161
MLS #A12038674About This Property
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.
Schedule a Tour
Pick a date and time that works for you
Select a date
Blue Mar Real Estate Group
Property Details
Property Type
Condominium
Year Built
1971
Living Area
583 sq ft
Bedrooms
1
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Flooring
Ceramic Floor
Construction
Other
Style
Corner Unit
HOA Fee
$408 / Monthly
Annual Taxes
$3,182 (2024)
Days on Market
0
MLS #
A12038674
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes Nearby
Location
City
North Miami
State
FL
ZIP Code
33161
County
Miami-Dade County
Listing provided by Rodrigo Campos at Real Broker LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12038674.