About This Home

This 1-bedroom, 1-bathroom condo at 1090 NE 129th St #205 in North Miami, FL is listed for $142,500 ($244 per sqft). Built in 1971, the home offers 583 sqft of living space on a N/A lot.

Key Features

  • Built in 1971
  • 3 stories

Property Details

3 stories
1 full
1-car garage
#205
1971

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,170/mo

20% down · 6.5% · 30 years

Principal$103
Interest$618
Insurance$42
HOA$408

Estimates only. Actual payments may vary.

Location

1090 NE 129th St #205

North Miami, FL 33161

ARCH CREEK LANDING CONDO

Features & Amenities

Interior Features

Second Floor Entry

Exterior Features

Balcony

Property Details

Flooring

Tile - Ceramic

Parking

CarportCovered

Heating

Central

Cooling

Central Air

Appliances

Electric RangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 1090 NE 129th St is listed at $142,500 ($244/sqft). The estimated monthly payment is $1,171 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $408/month.

Key features include: Built in 1971, 3 stories. Interior Features: Second Floor Entry. Exterior Features: Balcony.

This property is listed by Rodrigo Campos.

RC

Rodrigo Campos

License 3619174

Agent at Real Broker LLC

Listed by Real Broker LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# A12038674· Source: Miami REALTORS®· Added to PropertySimple today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1090 NE 129th St #205, North Miami, FL 33161

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