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1090 NE 129th St Unit 205, North Miami, Florida 33161

Active For Sale
$142,500
  • Beds 1
  • Baths 1
  • Sq Ft 583 Sqft
  • Visits: 6 in 32 days

Description

CASH ONLY – INVESTOR SPECIAL! Excellent income-producing opportunity in a highly investor-friendly building. Due to the high percentage of rental ownership, financing is not available, making this a cash-only purchase. The unit is currently tenant-occupied on a month-to-month lease paying $1,200/month, providing immediate rental income from day one while offering flexibility for future rent increases or occupancy plans. This bright and spacious 1-bedroom, 1-bath corner unit features abundant natural light, a private balcony, tile flooring throughout, and recently updated A/C and water heater, helping minimize future maintenance expenses. The well-maintained building offers reserves, covered parking, on-site laundry facilities, and security camera monitoring. Located in a high-demand rental market with convenient access to major highways, shopping, dining, and everyday conveniences. Low HOA fees enhance overall returns and make this an attractive addition to any investment portfolio. Whether you’re looking for a stable cash-flowing asset or a value-add investment with upside potential, this property presents an outstanding opportunity. With immediate income in place and room to optimize rents, investors can capitalize on both current returns and future appreciation.

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: One Space, Covered, Attached Carport

Appliances

  • Appliances: Electric Range, Refrigerator

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: North Miami
  • Subdivision: ARCH CREEK LANDING CONDO
  • Zipcode: 33161
  • Street: 129th St
  • Street Number: 1090
  • Floor Number: 0
  • Longitude: W81° 49' 23.8''
  • Latitude: N25° 53' 39.3''
  • UnitNumber: 205
  • Street Dir Prefix: NE
  • MLS Area: 22

MLS Addon

  • Association Amenities: Elevator(s)
  • Association Fee: $408
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Association Management, Laundry, Parking
  • Carport Spaces: 01/01/1970
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Second Floor Entry, Other
  • Middle Or Junior School: North Miami
  • New Taxes Expense: $0
  • Stories Total: 3
  • Tax Annual Amount: $3,182

Location

Listing Updated: 2026-07-11 14:20:15

  • Parent : 1090:NE:129th St:33161:North Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12038674
  • Price : $142,500
  • View : Golf Course
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 583 Sqft
  • Year Built : 1971
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 32
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