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Waterfront · Condominium
$174,000$216 / sqft
2020 NE 135th St # 601, North Miami FL 33181
Listed
1
Bedrooms
1
Bathrooms
807 sqft
Interior
1969
Year built
$708 / mo
HOA
Condominium
Type
About this home
WATERFRONT LIVING IN NORTH MIAMI WITH NO RENTAL RESTRICTIONS! LOCATED IN THE SECURE AND WELL MAINTAINED KEYSTONE TOWERS COMMUNITY JUST OFF BISCAYNE BOULEVARD, THIS CHARMING 1 BEDROOM 1 BATH CONDO OFFERS 807 SQ FT OF BRIGHT LIVING SPACE ON THE 6TH FLOOR, COMPLETE WITH LAMINATE WOOD FLOORS THROUGHOUT AND A PRIVATE BALCONY WITH PANORAMIC SKYLINE VIEWS AND COASTAL BREEZES. THE BUILDING SITS RIGHT ON THE WATER WITH OCEAN ACCESS, A RELAXING POOL OVERLOOKING THE CANAL, AND POSSIBLE DOCK RENTALS THROUGH THE ASSOCIATION. PASSED 40 AND 50 YEAR INSPECTIONS, NO SPECIAL ASSESSMENTS, PET FRIENDLY, AND ONE ASSIGNED PARKING SPACE. THIS IS AN EXCELLENT OPPORTUNITY FOR BUYERS LOOKING FOR A LOW MAINTENANCE HOME OR INVESTORS SEEKING A PROPERTY THAT CAN BE RENTED IMMEDIATELY. LAUNDRY FACILITIES ARE IN THE BUILDING, AND THE LOCATION IS HARD TO BEAT, JUST MINUTES FROM FIU BISCAYNE BAY CAMPUS, WHOLE FOODS, COSTCO, PUBLIX, BAL HARBOUR SHOPS, BEAUTIFUL BEACHES, AND MORE. WHETHER YOU ARE LOOKING FOR A PLACE TO CALL HOME OR A SMART INVESTMENT IN SOUTH FLORIDA, THIS ONE CHECKS ALL THE BOXES!
Features
- Lobby
- Elevator
- East Of Us1
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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–$3,500.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.