1090 NE 129th Street 205, North Miami, FL 33161

Listing Snapshot

About This Home

CASH ONLY – INVESTOR SPECIAL! Excellent income-producing opportunity in a highly investor-friendly building. Due to the high percentage of rental ownership, financing is not available, making this a cash-only purchase. The unit is currently tenant-occupied on a month-to-month lease paying $1,200/month, providing immediate rental income from day one while offering flexibility for future rent increases or occupancy plans. This bright and spacious 1-bedroom, 1-bath corner unit features abundant natural light, a private balcony, tile flooring throughout, and recently updated A/C and water heater, helping minimize future maintenance expenses. The well-maintained building offers reserves, covered parking, on-site laundry facilities, and security camera monitoring. Located in a high-demand rental market with convenient access to major highways, shopping, dining, and everyday conveniences. Low HOA fees enhance overall returns and make this an attractive addition to any investment portfolio. Whether you're looking for a stable cash-flowing asset or a value-add investment with upside potential, this property presents an outstanding opportunity. With immediate income in place and room to optimize rents, investors can capitalize on both current returns and future appreciation.

General Features

Property Type

Residential

Sub-type

Condominium

Stories

3

Garage Spaces

1

Parking

AttachedCarport,Covered,Carport

Security

Other

Subdivision

ARCH CREEK LANDING CONDO

Interior Features

Appliances

ElectricRange,Refrigerator

Flooring

CeramicTile

Heating

Central

Cooling

CentralAir

Interior Features

Other

Exterior Features

Construction

Other

Exterior Features

Balcony,OutdoorLivingArea

Patio / Porch

Open,Balcony

View

Other

Waterfront

No

Community Features

Association Amenities

Elevators,Laundry,Management,Parking

Association Dues

$408 / monthly

MLS Area

2220

Schools

Map

Virtual Tour