$130,000
North Miami, FL 33161
MLS# A12090062
1 beds | 1 baths | 668 sqft
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Property Description
Great Investment Opportunity in a Prime North Miami Location! Beautiful 1-bedroom, 1-bathroom condo located on the third floor, ideally situated near the former Johnson & Wales University campus, US-1, and Downtown North Miami. This well-maintained residence features tile flooring throughout, central A/C, and a spacious, full-length patio extending across the entire unit—perfect for relaxing or entertaining. The apartment offers an excellent opportunity to add your personal touch. Enjoy one assigned parking space, elevator access, laundry facilities on every floor, and a well-managed community featuring a swimming pool and welcoming residents of all ages. Water and sewer are included in the maintenance fee. Excellent opportunity for investors! The property is currently rented for $1,500 per month through December 2027, providing immediate rental income. Although the community has an 18-month rental restriction, the existing tenant will remain in place through the end of the current lease, making this an attractive opportunity for an investor seeking a property with established rental income. Seller is motivated! Conveniently located and full of potential, this North Miami condo is an opportunity worth exploring.
Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-10-09
Status: Active
Original List Price: 130000
List Price: $130,000
Current Price: $130,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: North Miami
Municipal Code: 6
Postal Zip: 33161
Subdivision Number: 65
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 1500
Street Direction Prefix: NE
Street Name: 127th
Street Suffix: Street
Unit Number: 314
State Or Province: FL
Postal Code: 33161
Postal Code +4: 5238
Subdivision Name: 1500 CORAL TOWERS CONDO
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Parcel Number: 0622290650410
General Property Information
Unit Floor #: 3
Adjusted Area Main: 668
Living Area Main: 668
Senior Community YN: No
Stories Total: 3
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 668
Year Built: 1964
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 399
Membership Fee Required YN: No
Association YN: 1
Association Fee: 399
Association Fee Frequency: Monthly
Tax Annual Amount: 2644
Tax Year: 2025
Tax Legal Description: 1500 CORAL TOWERS CONDO APT 314 THIRD FLOOR UNDIV 2.32% INT IN COMMON ELEMENTS CLERKS FILE 65R-31624 OR 20650-2902 0802 1 COC 23958-2975 11
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
1-2 Weeks Approval: 1
Amenities
Laundry: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Sewer: 1
Water: 1
Flooring
Ceramic Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Information
Open Parking Spaces: 1
Property Condition
Resale: 1
Fencing
Fenced: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
View
Garden: 1
Pool: 1
Heating
Other: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Unit Description
Penthouse: 1
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Other: 1
Interior Features
Elevator: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Key Card Entry: 1
Security Fence: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Master Bedroom/Bath
Other: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Other Leasing Restrictions
Leasing Prohibited 1st 2 Years: 1
Tax Information
Tax Reflects No Exemptions: 1
Price Calculations
Current Price To SqFt: 194.61
Section Details
Parcel Number MLX: 0410
Status Change Information
Major Change Timestamp: 2026-10-09T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-16
Originating Details
Originating System Key: 563538642
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Sewer; Water
Flooring: Ceramic Tile
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: Other
Cooling: Central Air
Association Type: Condominium
Fencing: Fenced
Heating: Other
Interior Features: Elevator
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: Other Restrictions
Other Leasing Restrictions: Leasing Prohibited 1st 2 Years
Security Features: Key Card Entry; Security Fence
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Unit Description: Penthouse
View: Garden; Pool
Showing Requirements: Call Listing Agent
Listing Office: Paz Global, Inc.

Last Updated: October - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

