Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 952 sq ft
Active · Condominium
$185,000
1350 NE 119th St 1350-25, Miami, FL 33161
- Beds
- 2
- Baths
- 2
- Living area
- 952 sq ft
- $ / sq ft
- $194/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $415
- Annual tax
- —
About this property
Cozy 2 bed / 2 bath condo in Biscayne Park Terrace, a charming two-story building just off Biscayne Blvd. Unit is rented at $1,850/month until January 27, 2027, offering immediate income for investors. All ceramic tile floors, well-kept and bright, with a very careful long-term tenant in place. Convenient location near Biscayne Park, shopping, dining and public transportation. The 50-Year Recertification inspection did not pass initially; however, roof work has been completed. The condominium association is currently completing the electrical work, followed by fire alarm installation and building painting. All special assessments related to this project have already been paid in full, and there are no current special assessments at this time.
Property location
Get Directions1350 NE 119th St 1350-25, Miami, FL 33161
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $415
- County
- Miami-Dade
- MLS listing ID
- A11921901
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$307
- Cap rate
- 7.7%
- Net yield
- 7.7%
- Cash-on-cash return
- 7.1%
- Gross yield
- 14.4%
- Mortgage payment
- $877/mo
- Down payment
- $46,250
- Loan amount
- $138,750
- Annual NOI
- $14,208
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.