About This Home

This 1-bedroom, 1-bathroom condo at 1500 NE 127th St #314 in North Miami, FL is listed for $130,000 ($195 per sqft). Built in 1964, the home offers 668 sqft of living space on a N/A lot.

Key Features

  • Built in 1964
  • 3 stories

Property Details

3 stories
1 full
1-car garage
#314
1964

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$1,094/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38
HOA$399

Estimates only. Actual payments may vary.

Location

1500 NE 127th St #314

North Miami, FL 33161

1500 CORAL TOWERS CONDO

Features & Amenities

Interior Features

Elevator

Exterior Features

Fence

Property Details

Flooring

Tile - Ceramic

Cooling

Central Air

Appliances

DishwasherElectric RangeMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 1500 NE 127th St is listed at $130,000 ($195/sqft). The estimated monthly payment is $1,094 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $399/month.

Key features include: Built in 1964, 3 stories. Interior Features: Elevator. Exterior Features: Fence.

This property is listed by Salomon Baredes PA.

SP

Salomon Baredes PA

License 3198310

Agent at Paz Global, Inc.

Listed by Paz Global, Inc. · Broker phone: 305-466-2990 · View on Broker Site · Broker website

MLS# A12090062· Source: Miami REALTORS®· 6 days on PropertySimple

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.

1500 NE 127th St #314, North Miami, FL 33161

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