Condominium
1090 NE 129th St # 205
1090 NE 129th St # 205, North Miami FL 33161 Get directions
$142,500
1 Bed · 1 Bath · 583 SqFt
See estimated monthly costThis listing is courtesy of Real Broker LLC. Rodrigo Campos
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 583
- Full bathrooms
- 1
- Second Floor Entry
Building & exterior
- Year built
- 1971
- Garage spaces
- 1
- Covered spaces
- 2
- Other View
- West Of Us1
- Open Balcony
- Attached Carport
- 1 Space
- Additional Spaces Available
- Covered
HOA (homeowners association)
- Association fee
- $408 per month
- Pets allowed
- No
- Elevator(s)
- Ok To Lease
- No
Taxes
- Annual tax
- $3,182
- Tax year
- 2024
- Parcel number
- 06-22-29-106-0130
Assigned schools
- Middle
- North Miami
Listing
- MLS number
- A12038674
- Property type
- Condominium
- Price per SqFt
- $244
- Subdivision
- ARCH CREEK LANDING CONDO
- On market since
- Jun 17, 2026
- Days on market
- 22
Estimated monthly cost
$1,501 per month
- Principal & interest (30 yr)
- $721
- Property tax
- $265
- Insurance (estimated)
- $107
- Association fee
- $408
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- W.J. Bryan Elementary
- The Challenger School
- North Miami Early Childhood School and Day Care Center
- North Miami Adult Education
- North Miami Senior High
- Early Learning Center
- David Lawrence Jr. K-8 Center PLC South Campus
- ABI - Anis Blemur Institute & Academy
- Montessori School of North Miami
- Holy Cross Lutheran School
- Get Smart Kids Acadmey
- North Miami Middle
- Arch Creek Elementary
- The Von Wedel Montessori School
- Mater Academy Biscayne North Miami High School
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