16900 NE 14 109, Miami, FL 33162 — MLS photo

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16900 NE 14 109, Miami, FL 33162

Active · StockCooperative

$65,000

16900 NE 14 109, Miami, FL 33162

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$94/sq ft
Year built
1965
Lot size
—
HOA fee
$750
Annual tax
—

About this property

1BR/1BA in the gated 55+ community of Mar-Len Gardens, offered at just $65,000. Bright unit with tile floors throughout and modern furniture only 1 year old. Enjoy a true resort-style lifestyle with 2 pools, clubhouse, gym, library, card room, shuffleboard, bocce & more. Prime location—minutes to shopping, dining, airports & only 3 miles to the beach. Co-op with land lease (41 years remaining). Cash purchase only. No rentals first year; thereafter up to 1x/year (max 4 months)

Property location

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16900 NE 14 109, Miami, FL 33162

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
688 sq ft

Exterior & Structure

Property type
StockCooperative
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$750
County
Miami-Dade
MLS listing ID
A12000641
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

$14

Cap rate
6.0%
Net yield
6.0%
Cash-on-cash return
0.9%
Gross yield
26.2%
Mortgage payment
$308/mo
Down payment
$16,250
Loan amount
$48,750
Annual NOI
$3,869

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