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870 NE 207TH Terrace # 9, Miami FL 33179
About this home
Discover the potential of this second-floor 2-bedroom, 2-bathroom condo located in the gated community of Monterey Two, conveniently situated near major highways and Aventura Mall. This spacious unit offers 956 square feet of comfortable living space and features a new roof, an in-unit washer and dryer, tile flooring throughout, a primary bedroom with an en-suite bathroom and walk-in closet, and a screened-in balcony perfect for relaxing. The unit also includes one assigned parking space directly in front of the building, along with plenty of guest parking. The property is currently tenant-occupied, making it a great opportunity for both homeowners and investors. Showings are available with a minimum of 24 hours' notice.
Features
- No Interior Features
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $961
- HOA
- $150 / mo
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.
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.
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.