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Condominium at 1187 NW 123rd Pl, Miami FL 33182Active
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Condominium
$439,000$354 / sqft

1187 NW 123rd Pl, Miami FL 33182

3
Bedrooms
3
Bathrooms
1,240 sqft
Interior
1995
Year built
$373 / mo
HOA
Condominium
Type

About this home

Bright and spacious 3 Bed/ 2.5 bath townhome. Tastefully remodeled with open and inviting kitchen featuring quartz countertops, wine cooler and SS Appliances. Lots of natural light and nice layout. Private backyard is great to entertain. This cozy home is ready for a new family or investor. Brand new roof 2026, Community includes a clubhouse with a relaxing lake view, pool, 2 tennis courts, gym and event room. Location is great close to main highways, Dolphin mall, International mall, restaurants and more.

Features

  • First Floor Entry
  • Other
  • None

Location

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

Estimated loan & HOA

$2,593

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

Principal & interest
$2,220
HOA
$373 / 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
Compass Florida, LLC

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.