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Waterfront · Condominium
$139,000$151 / sqft
1401 NE Miami Gardens Dr # 892, Miami FL 33179
Listed
1
Bedrooms
2
Bathrooms
921 sqft
Interior
1969
Year built
$480 / mo
HOA
Condominium
Type
About this home
Welcome to this spacious and inviting 1-bedroom, 1.5-bath residence in the desirable 55+ Fifth Moorings community. Offering 921 sq. ft. of comfortable living space, this home features generously sized living areas, beautiful marble flooring, a walk-in closet, and a private balcony—perfect for enjoying the outdoors and relaxing in your own space with a breathtaking view. The open and functional layout provides plenty of room for comfortable living and entertaining, while the abundance of natural light creates a bright and welcoming atmosphere. The primary bedroom offers excellent closet space, and the additional half bath adds convenience for residents and guests. Fifth Moorings offers a wonderful selection of amenities designed for an active and enjoyable lifestyle, including swimming pools, a fitness center, sauna, game and recreation rooms, billiards, community gathering areas, and more. Assigned parking and guest parking are also available. Ideally located on NE Miami Gardens Drive, just west of Aventura, this home puts you close to shopping, restaurants, supermarkets, pharmacies, medical facilities, major highways, and everything the Aventura area has to offer. Enjoy convenient access to Aventura Mall, beautiful beaches, and numerous dining and entertainment options. Whether you are looking for a comfortable full-time residence or a peaceful 55+ community close to everything, this well-located home is an excellent opportunity. Call us now!
Features
- First Floor Entry
- Walk-In Closet(s)
- Screened Balcony
- Lake
Leasing
- Minimum lease
- Not stated
- No Leasing
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.
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 $1,950–$3,495.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.