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1
Bedrooms
1
Bathrooms
542 sqft
Interior
1968
Year built
$426 / mo
HOA
Condominium
Type
About this home
Rare Opportunity in the Heart of Miami! Perfect for a first-time buyer or investor, this well-positioned condominium offers exceptional value in one of Miami’s most desirable neighborhoods. Condos within the Tropical Park community rarely become available and are consistently in high demand. The association maintains reserves, the building features a new roof (2025), has successfully completed the 40- and 50-year certifications, and has no special assessments, providing added confidence and long-term value. Ideally located minutes from Bird Road, the Palmetto Expressway, Tropical Park, Target, Publix, FIU, UM, shopping, dining, and daily conveniences. Inside, enjoy an open living and dining area, tile flooring throughout, and generous closet space. Whether you’re seeking an affordable primary residence or a solid investment opportunity, this property checks all the boxes. Don’t miss your chance to own in this highly sought-after Miami location!
Features
- Third Floor Entry
- Other
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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
Approximate — shows the building, not the unit.
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 $2,050–$3,800.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.