496 NW 165th St Rd D112, Miami, FL 33169 — MLS photo

Active · Condominium

$230,000

496 NW 165th St Rd D112, Miami, FL 33169

Beds: 2
Baths: 2
Living area: 1,175 sq ft
$ / sq ft: $196/sq ft
Year built: 1972
Lot size: —
HOA fee: $752 Monthly
Annual tax: $1,857

About this property

GREAT INVESTORS OPPORTUNITY. RENOVATED FIRST FLOOR UNIT WITH TERRACE. Large 2B+2B property in North Miami. Tile on the entire unit, Kitchen renovate, New Refrigerator, NEW CENTRAL A/C, closets glass doors, fresh paint. Gated Community with a Security guard at Gate, Amenities include Laundry Room, Fitness Center, Olimpic Pool, Tennis CT. HOA includes water and sewer. Centrally located right off of 163 Street. 2 mint to I-95 & Pallmetto - Minutes from Aventura Mall - Sunny Isles Beach.

Property location

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496 NW 165th St Rd D112, Miami, FL 33169

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,175 sq ft
Flooring: Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type: Condominium
Year built: 1972
Stories: 6
Architectural style: Garden Apartment
Construction: Block
Exterior features: Balcony, Tennis Courts
Pool: Association
View: Garden

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $752 Monthly
Fee inclusions: Pest Control, Recreation Facilities, Sewer, Security, Water
Amenities: Clubhouse, Fitness Center, Laundry, Other, Pool, Tennis Courts
Security: Complex Fenced, Other, Security Guard, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $1,857
Subdivision: MONTECARLO CONDO
County: Miami-Dade
Days on market: 1003
MLS listing ID: A11444131
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$342

Cap rate: 7.5%
Net yield: 7.5%
Cash-on-cash return: 6.4%
Gross yield: 14.3%
Mortgage payment: $1,090/mo
Down payment: $57,500
Loan amount: $172,500
Annual NOI: $17,187

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.