Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 714 sq ft
Active · Condominium
$185,000
12890 NE 8th Ave 102, North Miami, FL 33161
- Beds
- 2
- Baths
- 1
- Living area
- 714 sq ft
- $ / sq ft
- $259/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $900
- Annual tax
- —
About this property
2 BEDROOMS/ 1 BATH: GREAT INVESTMENT PROPERTY OR PRINCIPAL RESIDENCE Perfectly located in North Miami. Very well managed and maintained condominium . "50 Years Certification" done. Easy showing with 24 hours notice to listing broker. The apartment is currently rented "Month to Month" to the same tenant for many years. At Closing, the tenant could stay or leave according to Buyer wishes.
Property location
Get Directions12890 NE 8th Ave 102, North Miami, FL 33161
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $900
- County
- Miami-Dade
- MLS listing ID
- A11935673
- 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
-$563
- Cap rate
- 2.0%
- Net yield
- 2.0%
- Cash-on-cash return
- -13.0%
- Gross yield
- 11.6%
- Mortgage payment
- $877/mo
- Down payment
- $46,250
- Loan amount
- $138,750
- Annual NOI
- $3,765
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.