Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 815 sq ft
Active · Condominium
$185,000
1225 NE 124th St 49C, North Miami, FL 33161
- Beds
- 2
- Baths
- 1
- Living area
- 815 sq ft
- $ / sq ft
- $227/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $740
- Annual tax
- —
About this property
JUST REDUCED !!! Spacious 2BR/1BA corner unit located on the 4th floor with no upstairs neighbors—offering a quiet and peaceful living environment. Ideal investment opportunity. Unit features an ample private balcony, perfect for relaxation. Well-maintained, secure building with controlled phone-entry lobby and gated access. Enjoy the convenience of an on-site pool and only 4 floors total, creating a low-density, quiet atmosphere. Situated on a low-traffic street in a serene neighborhood, yet centrally located just minutes from Biscayne Park, Bal Harbour, Surfside Beach, Whole Foods Market, The Home Depot, dining, shopping, Walgreens, and easy access to US-1. Excellent location combining tranquility and accessibility.There are some stage pictures.
Property location
Get Directions1225 NE 124th St 49C, North Miami, FL 33161
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $740
- County
- Miami-Dade
- MLS listing ID
- A12009611
- 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
-$239
- Cap rate
- 4.1%
- Net yield
- 4.1%
- Cash-on-cash return
- -5.5%
- Gross yield
- 12.8%
- Mortgage payment
- $877/mo
- Down payment
- $46,250
- Loan amount
- $138,750
- Annual NOI
- $7,651
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.