399 NW 72nd Ave # 209, Miami FL 33126
About this home
Beautifully remodeled 1-bedroom, 1-bath condo located in the gated community of Villas San Miguel. This spacious unit features a modern open floor plan with granite countertops, tile flooring throughout, stainless steel appliances, and stylish zebra blinds. Enjoy a private open balcony, assigned parking space, and the convenience of common laundry facilities on every floor. Currently rented month-to-month, offering flexibility to renew with the existing tenant or deliver vacant at closing. The property generates a 6.5% net return, with current rent below market value, presenting excellent investment potential. Association has reserves with no special assessments. Prime location with easy access to major highways, minutes from Miami International Airport, shopping, dining, and more.
Features
- First Floor Entry
- None
- Open Balcony
- Canal
- Garden View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,006
- HOA
- $429 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.