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Waterfront · Condominium
$260,000$186 / sqft
800 NE 199th St # 101D, Miami FL 33179
Listed
2
Bedrooms
2
Bathrooms
1,400 sqft
Interior
1979
Year built
$745 / mo
HOA
Condominium
Type
About this home
**GREAT OPPORTUNITY: ACT FAST!** Don’t miss this spacious 2-bedroom, 2-bath condo with a private entrance and a versatile patio. Convert the patio into an office, a seating area to enjoy nature, or even a third bedroom. The unit includes in-unit laundry and sits in a serene lake setting within a community conveniently located near shopping, dining, and major roadways. **Attention First-Time Buyers:** This is a fantastic opportunity to own a property you can later convert into rental income! Whether you're looking for an investment or your future home, this property is a must-see. Please submit offers with a pre-approval letter or desktop underwriting (DU) for financing, or provide proof of funds if you are a cash buyer. Don’t miss your chance to make this condo yours!
Features
- First Floor Entry
- Barbeque
- Garden View
Leasing
- Minimum lease
- 730 days
- Leases permitted per year
- 1
- No Daily Rentals
- No Lease First 2 years
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.
Location
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,750.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.