1090 Ne 129th St Unit #205, North Miami, FL 33161

$142,500
1
BD
1
BA
583
SqFt

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List Price
$142,500
MLS#
A12038674
Complex Name
Arch Creek Landing Condo
Status
ACTIVE
Type
Condo
Bedrooms
1
Full baths
1
Living Area
583

Property Description

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.

Additional Information

Days on Market
43
Interior Features
Second Floor Entry
Tax Amount
$3,182
Parcel Number
06-22-29-106-0130
#Garage Spaces
1
Bedroom Description
Other
Exterior Features
West Of Us1, Open Balcony
Association Fee
$408
Unit View
Other View
Parking Restrictions
Attached Carport, 1 Space, Additional Spaces Available, Covered
Pet Restrictions
No
Pets Allowed
Yes
Unit Number
205
SqFt Liv Area
583
Amenities
Elevator(s)
Year Built
1971
Style
Condo 1-4 Stories, Condo
Restrictions
Ok To Lease
Development Name
Arch Creek Landing Condo
Middle School
North Miami
Construction Type
Other
Section
29

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