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Condominium at 645 NE 121st Street, North Miami FL 33161Pending
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Condominium
$169,000$242 / sqft

645 NE 121st Street, North Miami FL 33161

1
Bedrooms
1
Bathrooms
697 sqft
Interior
1973
Year built
$580 / mo
HOA
Condominium
Type

About this home

Beautifully maintained top-floor condo in the heart of North Miami! This spacious and bright residence features an open living and dining layout, tile floors throughout, oversized bedroom, updated bath, impact windows, and a private balcony overlooking lush tropical greenery with tranquil sunset views. Located in a desirable and well-maintained boutique building with covered parking, elevator, on-site laundry, low HOA, and solid reserves. Building underwent major renovations approximately 3 years ago with no known special assessments. Conveniently located near Biscayne Blvd, Whole Foods, FIU North Campus, Miami Shores, Bal Harbour, beaches, dining, shopping, and major highways. Tenant occupied on a month-to-month basis — tenant may stay or vacate, offering flexibility for investors or end

Features

  • Walk-In Closet(s)
  • Exterior Cat Walk
  • Open Balcony
  • Garden

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,435

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$855
HOA
$580 / 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.

Courtesy of
The Keyes Company

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.

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 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.