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.
Property Details
Price:
$142,500
MLS #:
A12038674
Status:
Active
Beds:
1
Baths:
1
Address:
1090 NE 129th St # 205
Type:
Condo
Subtype:
Condominium
Subdivision:
ARCH CREEK LANDING CONDO
Neighborhood:
archcreeklandingcondo
City:
North Miami
Listed Date:
Jun 17, 2026
State:
FL
Finished Sq Ft:
583
Total Sq Ft:
583
ZIP:
33161
Year Built:
1971
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Schools
Middle School:
North Miami
Interior
Appliances
Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central
Laundry Features
Common Area
Exterior
Architectural Style
Corner Unit
Association Amenities
Elevator(s)
Construction Materials
Other
Exterior Features
West Of Us1, Open Balcony
Parking Features
Attached Carport, 1 Space, Additional Spaces Available, Covered
Security Features
Other
Financial
HOA Fee
$408
HOA Frequency
Monthly
Tax Year
2024
Taxes
$3,182
Map
Community
- Address1090 NE 129th St # 205 North Miami FL
- SubdivisionARCH CREEK LANDING CONDO
- CityNorth Miami
- CountyMiami-Dade County
- Zip Code33161
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1090 NE 129th St # 205
North Miami, FL
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