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1
Bedrooms
2
Bathrooms
740 sqft
Interior
1973
Year built
$787 / mo
HOA
Condominium
Type
About this home
Exceptional Value & Investment Opportunity – Seller Motivated! This is one of the best value opportunities in the area, now offered at an exceptional price. 1 Bedroom | 1.5 Bathrooms – Currently rented at $1,550/month to a reliable tenant, providing immediate rental income from day one—no vacancy, no guessing. Leasing is permitted immediately after purchase, making this an ideal turnkey investment. LEASE EXPIRES JAN 2027. This bright and spacious residence features beautiful panoramic views of Arch Creek State Park extending toward Sunny Isles. The generous floor plan includes a walk-in closet, private storage, abundant natural light, and the convenience of a half bath for guests. The building is currently undergoing its 40-year recertification while resort-style amenities are being upgraded. Residents enjoy covered parking, onsite management, 24-hour concierge service, and commercial spaces within the building. Location is everything. Ideally positioned across from Starbucks at Biscayne Blvd & NE 135th Street, this property is just minutes from Aventura Mall, Bal Harbour Shops, FIU, Barry University, beaches, and major highways. The surrounding area is experiencing significant transformation with numerous luxury residential developments, bringing new investment, infrastructure, and long-term appreciation potential. Serious offers will be considered.
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- Storage
- Open Balcony
- Other View
- Skyline
Leasing
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.