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2
Bedrooms
2
Bathrooms
948 sqft
Interior
1973
Year built
$350 / mo
HOA
Condominium
Type
About this home
RARE MIAMI VALUE! LOCATION + CONVENIENCE + POTENTIAL! NEW PRICE $239,900 reflects the repairs and updating needed—an opportunity to transform this diamond in the rough into your own Miami oasis! Enjoy a tranquil, gated community with green courtyards, pool, BBQ and sitting areas, ample guest parking and a LOW $350/month HOA! Residents appreciate the community's management and upkeep. LIVE WHERE A CAR IS OPTIONAL! Walk across the street to Walmart, supermarkets, restaurants, shops, gym and public transportation! Approx. 5 min to MIA and FIU; convenient to major malls, medical facilities, Downtown Miami and Miami Beach. This 2-story CORNER unit offers privacy with NO neighbors above, 2 BRs, 1.5 baths and flexible space for a home office or other use. NO age restrictions; leasing permitted from Day 1 per HOA management. One assigned parking space. No elevator. THE LOCATION IS THE JEWEL. THE RENOVATION IS YOUR OPPORTUNITY! Priced for its condition, not its potential. Call agent for showing.
Features
- Second Floor Entry
- Den/Library/Office
- Other
- Exterior Cat Walk
- Barbeque
- Courtyard
- Other View
Leasing
- Minimum lease
- Not stated
- Leases permitted per year
- 1
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–$5,500.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.