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Waterfront · Condominium
$315,000$274 / sqft
2500 NE 135th St # C502, North Miami FL 33181
Listed
2
Bedrooms
2
Bathrooms
1,148 sqft
Interior
1973
Year built
$719 / mo
HOA
Condominium
Type
About this home
Welcome to Dorset House and this spacious corner 2-bedroom, 2-bath residence offering approximately 1,148 SF of comfortable living space in a peaceful waterfront community. Step inside to a bright, open layout with generous living and dining areas and plenty of natural light. One of the highlights is the oversized private balcony overlooking the lush Arch Creek East preserve, creating a tranquil backdrop where you can relax and enjoy South Florida living. The corner location provides added privacy and makes this unit a great opportunity for buyers looking for space, views and value in North Miami. The residence includes assigned covered parking and additional storage. Dorset House offers an array of amenities including a waterfront pool, fitness center, sauna, social and billiard rooms, community dock, kayak and bike storage, car wash area and laundry facilities on each floor. Boat slips may be available for rent subject to availability/waitlist. Conveniently located near Biscayne Blvd, FIU Biscayne Bay Campus, Aventura, Bal Harbour, beaches, parks, shopping, dining and major roadways. Enjoy the combination of waterfront living, beautiful preserve views and an excellent North Miami location. Schedule your private tour today!
Features
- Other
- Other View
Leasing
- Minimum lease
- 182 days
- Leases permitted per year
- 2
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.
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–$5,750.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.