Condominium
1500 NE 127th St # 314
1500 NE 127th St # 314, North Miami FL 33161 Get directions
$130,000
1 Bed · 1 Bath · 668 SqFt
See estimated monthly costThis listing is courtesy of Paz Global, Inc.. Salomon Baredes
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 668
- Full bathrooms
- 1
- Elevator
Building & exterior
- Year built
- 1964
- Garage spaces
- 1
- Covered spaces
- 1
- Garden View
- Pool Area View
- 1 Space
HOA (homeowners association)
- Association fee
- $399 per month
- Pets allowed
- Yes
- Laundry
- Pool
- Corporate Buyer OK
- No Daily Rentals
- No Lease-1st Year Owned
- Ok To Lease
Taxes
- Annual tax
- $2,644
- Tax year
- 2025
- Parcel number
- 06-22-29-065-0410
Assigned schools
- Elementary
- David Lawrence Jr K-8
- Middle
- North Miami
Listing
- MLS number
- A12090062
- Property type
- Condominium
- Price per SqFt
- $195
- Subdivision
- 1500 CORAL TOWERS CONDO
- On market since
- Oct 9, 2026
- Days on market
- 7
Estimated monthly cost
$1,374 per month
- Principal & interest (30 yr)
- $657
- Property tax
- $220
- Insurance (estimated)
- $98
- Association fee
- $399
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
- Get Smart Kids Acadmey
- Mater Academy Biscayne North Miami High School
- Mater Academy Biscayne North Miami Middle School
- Mater Academy Biscayne North Miami Elementary
- W.J. Bryan Elementary
- David Lawrence Jr. K-8 Center PLC South Campus
- South Florida Educational Center
- North Miami Early Childhood School and Day Care Center
- The Challenger School
- The Von Wedel Montessori School
- Natural Bridge Elementary
- Beth Moshe Early Childhood Center
- Lanaar Elementary School
- Atelier Kids
- North Miami Adult Education
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