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Waterfront · Condominium
$160,000$200 / sqft
1351 NE Miami Gardens Dr # 511E, Miami FL 33179
Listed
1
Bedrooms
1
Bathrooms
801 sqft
Interior
1969
Year built
None
HOA
Condominium
Type
About this home
Income NOW. Fully Renovated Condo | Move-In Ready. This is the one you've been waiting for. A fully gut-renovated 1-bedroom, 1-bath condo on the 5th floor, updated from top to bottom with quality finishes that stand out in this price range. The redesigned kitchen features high-end stainless steel appliances, striking granite countertops, and a designer backsplash — built for someone who actually cooks and entertains. Sleek tile flooring runs throughout the entire unit, clean and low-maintenance. The spacious primary suite offers a large walk-in closet and a spa-caliber bathroom anchored by a jetted bathtub. Storage is generous throughout. No deferred maintenance. No cosmetic projects. Located minutes from Aventura Mall, Gulfstream Park, I-95, and both MIA and FLL airports, with walkable access to Publix, LA Fitness, restaurants, and banks. The 40-year recertification is complete AC - perfect, inspected 2 months ago Hot water from the building (included in maintenance) Storage, big and deep like a closet 1 Parking spot not covered, but close to the building Tenant paying $1750 per month until July 2027 - perfect for investor The 40 year certification is done there is an assessment for $274 per month for 20 months
Features
- First Floor Entry
- Other
- Open Balcony
- Lake
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Lease First 2 years
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.