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12035 NE 2nd Ave # A209, North Miami FL 33161
About this home
Don’t miss this spacious 860 SF, 1-bedroom, 1-bath condo in a secure, gated community with 24-hour roving security. A fantastic investment opportunity with a tenant in place paying $1,600/month through December 31, 2026, and willing to remain. The second-floor unit has been recently updated with wood-laminate flooring throughout, fresh paint, a modern vanity, and a brand-new A/C. Enjoy a bright, open living area with balcony access and plenty of storage. Residents enjoy resort-style amenities, including a swimming pool, tennis courts, fitness center, clubhouse, and on-site management office. Conveniently located near I-95, US-1, Barry University, shopping, dining, Biscayne Park, and Miami Shores. Special assessment of $59/month through June 2030 to be assumed by the buyer at closing. With immediate rental income and an excellent location, this condo is a smart addition to any investment portfolio.
Features
- Interior Hall
- Second Floor Entry
- Elevator
- Open Balcony
- Other
- Tennis Court(s)
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $733
- HOA
- $457 / 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.