Overview
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.
Virtual Tour
Address
- Street1090 129th St #205
- CityNorth Miami
- SubdivisionARCH CREEK LANDING CONDO
- CountyMiami-Dade County
- StateFL
- Zip33161
- MLS #A12038674
Interior
- Bedrooms Total1
- Entry Level2
- FlooringCeramic Floor
- HeatingCentral
- HeatingYes
- Interior FeaturesSecond Floor Entry
- Laundry FeaturesCommon Area
- Living Area583
- Living Area UnitsSquare Feet
- Rooms Total0
- Security FeaturesOther
Exterior
- Exterior FeaturesWest Of Us1, Open Balcony
- Garage Spaces1
- GarageYes
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesAttached Carport, 1 Space, Additional Spaces Available, Covered
- Patio And Porch FeaturesOpen Balcony
- ViewOther View
- ViewYes
Structure
- Property AttachedYes
- Stories Total3
- Structure TypeCondo 1-4 Stories, Condo
- Year Built1971
- Year Built DetailsEffective Year Built
Financial
- Other Expense0
- Parcel Number06-22-29-106-0130
- Pets AllowedNo
- Public Survey Range22
- Public Survey Section29
- Public Survey Township22
- Tax Annual Amount3,182
- Tax Legal DescriptionARCH CREEK LANDING CONDO UNIT 205 UNDIV 6.1329% INT IN COMMON ELEMENTS OFF REC 23964-1943 COC 24476-2223 04 2006 1
- Tax Year2024
Schools
- Middle Or Junior SchoolNorth Miami
Location
- MLS Area MajorArch Creek Landing Condo
- Postal Code33161
- Postal Code Plus44279
- Street Direction PrefixNE
- Street Name129th St
- Street Number1090
- Street Number Numeric1,090
- Subdivision NameARCH CREEK LANDING CONDO
- Unit Number205
- Unparsed Address1090 NE 129th St # 205, North Miami FL 33161
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Rodrigo Campos
Listing Agent · Real Broker LLC
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