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Condominium
$285,000$375 / sqft
199 SW 12th Ave # 415B, Miami FL 33130
Listed
2
Bedrooms
2
Bathrooms
760 sqft
Interior
1989
Year built
$440 / mo
HOA
Condominium
Type
About this home
REMODELED 2/2 CONDO IN PRIME MIAMI LOCATION: Enjoy clear, beautiful views of the Downtown Miami skyline from the balconies of this beautifully remodeled 2-bedroom, 2-bathroom condo—a rare opportunity to own in a desirable Miami location! Units in this community don't come on the market often, and the long-term ownership history speaks to its lasting appeal. Ideal as a primary residence or investment property. This move-in-ready unit features a newer A/C unit replaced in 2023, a Titan electric water heater, stacked washer & dryer, accordion shutters on the sliding doors, a beautifully remodeled kitchen, updated bathrooms, & attractive tile flooring throughout. The building offers a secure entrance with an intercom system & parking garage. Additionally, the low association fee includes cable, water, & maintenance of the common areas, with no current assessments. Ideally located near Calle Ocho, Downtown Miami, Wynwood, Brickell, Jackson Memorial Hospital, Loan Depot Park, shopping centers, restaurants, major expressways including 836 and I-95, and Miami International Airport (MIA). This is a fantastic opportunity to own a well-maintained, updated condo in a convenient and vibrant Miami location. It's ready for you—just bring your personal touch & make it your own!
Features
- First Floor Entry
- Elevator
- Walk-In Closet(s)
- Open Balcony
- Other View
- Skyline
Leasing
- Minimum lease
- 365 days
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 $2,300–$5,500.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.