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2
Bedrooms
2
Bathrooms
1,060 sqft
Interior
1990
Year built
$465 / mo
HOA
Condominium
Type
About this home
Spacious 2-bedroom, 2-bathroom second-floor condo offering 1,060 sq. ft. of comfortable living space in the gated Monterrey Village community. Ideally located just minutes from Aventura with quick access to I-95, providing easy connectivity throughout Miami. Grocery stores, restaurants, banks, schools, parks, and everyday shopping are all just minutes away. The desirable split-bedroom floor plan offers added privacy, with the living area separating both bedrooms. Features include a fully equipped kitchen, full-size washer and dryer in a dedicated laundry room, and a private screened patio, perfect for relaxing or additional outdoor living space. The unit includes one assigned parking space plus ample guest parking for visitors or a second vehicle. Monterrey Village offers 24-hour gated security, a community pool, and a well-maintained, family-friendly environment. Vacant and move-in ready, this property is an excellent opportunity for both owner-occupants and investors seeking comfort, convenience, and a central Miami location close to Aventura, major highways, shopping, dining, and entertainment.
Features
- Second Floor Entry
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Florida Room
- Utility Room/Laundry
- Courtyard
- Screened Balcony
- Garden View
Leasing
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–$5,569.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.