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Waterfront · Condominium
$199,997$177 / sqft
1501 NE Miami Gardens Dr # 351, Miami FL 33179
Listed
2
Bedrooms
2
Bathrooms
1,133 sqft
Interior
1966
Year built
$318 / mo
HOA
Condominium
Type
About this home
Building passed the County recertification. No special assessments. This inviting unit features a spacious living area, large bedrooms with great closets, and a private sunroom for fresh air and relaxation. May be purchased with most of the furniture if desired and includes brand-new appliances. The community offers 2 sparkling pools, laundry facilities, a card/bingo room, pool table room, a small library and assigned parking and fee for 2nd spot. All about location, enjoy unbeatable convenience with quick access to I 95, Aventura Mall, grocery stores, dining, parks, and public transportation. A smart choice for first time buyers, downsizers, or investors seeking strong rental demand in a prime Miami location.
Features
- Third Floor Entry
- Other View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.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.