Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 813 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Electric Range, Electric Water Heater, Refrigerator
- Cooling
- Central Air, Ceiling Fans
- Heating
- Central, Electric
- Interior features
- Other
Active · Condominium
$160,000
1370 NE 119th St 137014, Miami, FL 33161
- Beds
- 1
- Baths
- 1
- Living area
- 813 sq ft
- $ / sq ft
- $197/sq ft
- Year built
- 1968
- Lot size
- —
- HOA fee
- $354 Monthly
- Annual tax
- $2,082
About this property
1 bed / 1 bath Centrally located in North Miami, rented at $1,700/month through May 31, 2027– investor welcome. Tile floors throughout. Well-situated community with pool, on-site laundry and assigned parking, just south of Biscayne Park and close to supermarkets, banks, restaurants and main roads. Immediate rental income in a high-demand area. The 40-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. The building has reserves and can be financed with a 5% down payment.
Property location
Get Directions1370 NE 119th St 137014, Miami, FL 33161
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1968
- Stories
- 2
- Architectural style
- None
- Construction
- Block
- Exterior features
- Other
- Pool
- Association
- View
- Other
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $354 Monthly
- Fee inclusions
- Water
- Amenities
- Pool
- Security
- Other
- Pets allowed
- Conditional, Yes
- Annual tax
- $2,082
- Subdivision
- BISCAYNE PARK TERRACE CON
- County
- Miami-Dade
- Days on market
- 364
- MLS listing ID
- A11921908
- Listing status
- Active
Virtual tour
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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
$327
- Cap rate
- 8.1%
- Net yield
- 8.1%
- Cash-on-cash return
- 8.8%
- Gross yield
- 14.3%
- Mortgage payment
- $758/mo
- Down payment
- $40,000
- Loan amount
- $120,000
- Annual NOI
- $13,022
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.