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Single Family Residence at 1243 NE 159th Street, North Miami Beach FL 33162Pending
Single Family Residence
$299,999$297 / sqft

1243 NE 159th Street, North Miami Beach FL 33162

1
Bedrooms
1
Bathrooms
1,009 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type

About this home

Welcome to this charming one-bedroom, one-bathroom residence located in Fulford by the Sea Sec I, North Miami Beach. This single-story home offers 1,009 square feet of finished living space, providing an efficient and comfortable layout. Situated in an established community, this property presents an excellent opportunity for those seeking a compact residence in the North Miami Beach area. Whether you're looking for a starter home or a practical investment property, this straightforward offering delivers functional living space. Don't miss the chance to explore what this home has to offer.

Features

  • Other
  • Utility Room/Laundry
  • Other Water View

Location

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

Estimated loan & HOA

$1,517

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

Principal & interest
$1,517
HOA
None

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
La Rosa Realty Beaches 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.