Condominium for sale

$142,500

1090 NE 129th St #205North Miami, FL 33161

  • 1 Beds
  • 1 Baths
  • 583 Sq ft
  • 1971 Built

About this home

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.

Details

MLS #
A12038674
Property type
Condominium
Status
Active
Days on market
22
Neighborhood
ARCH CREEK LANDING CONDO
County
Miami-Dade County
HOA / association fee
$408 monthly
Property taxes
$3,182 (2024)
Waterfront
No
Private pool
No
View
Other View
Garage spaces
1
Cooling
Central Air
Interior features
Second Floor Entry
Exterior features
West Of Us1, Open Balcony
Appliances
Electric Range, Refrigerator

Location

Estimated payment

$1,394/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Real Broker LLC · Rodrigo Campos. Listing last updated July 9, 2026 5:32 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 28, 2026 1:05 PM.

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