12590 NE 16th Avenue 509, North Miami, FL 33161

New Listing

$120,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12057284

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 878 Status: Active

Current Price: $120,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

A well-laid-out unit featuring abundant natural light and spacious living areas. The building is currently undergoing its 40-year recertification and capital improvements, offering buyers the opportunity to purchase at a significant discount prior to completion. Ideal for cash buyers, investors, or owner-occupants seeking long-term value. Once renovations are complete, comparable property values are expected to reflect these upgrades. Conveniently located near major roadways, shops, and restaurants, and just minutes from Biscayne Blvd. A unique opportunity to secure a North Miami condo at a price well below replacement cost. Easy to show.

Listing Details MLS# A12057284

General Property Information

Unit Floor #: 5
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 878
Living Area Main: 878
Adjusted Area Main: 878
Year Built: 1969
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 6
Direction Faces: East

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Fee Includes: Elevator; Insurance; Maintenance Grounds; Pool Service; Roof Repairs; Trash Dining Area: Dining/Living Room Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Refrigerator Construction Materials: Block Cooling: Central Air; Electric Association Type: Condominium; Homeowner Association Heating: Electric Interior Features: Elevator; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Security Features: Entry - Phone/Intercom; Security Fence Tax Information: Tax Reflects No Exemptions Water Access: None Water View: Canal Waterfront Features: Canal Front Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 120000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 12590
Street Direction Prefix: NE
Street Name: 16th
Street Suffix: Avenue
Unit Number: 509
City Name: North Miami
Municipal Code: 6
State Or Province: FL
Postal Code: 33161
Postal Code +4: 6056
Postal Zip: 33161
Subdivision Name: 12590 CORONADO TOWERS CON
Development Name: Coronado Towers
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Special Assessment YN: Yes
Parcel Number: 0622290730450
Subdivision Number: 73
Flood Zone: AE
Directions: 125th street east to 16th Avenue north to Coronado towers on left.
Building Name: 12590

Financial Information

Association YN: Yes
Association Fee: 878
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 878
Membership Fee Required YN: No
Tax Annual Amount: 2194
Tax Year: 2025
Tax Legal Description: 12590 CORONADO TOWERS CONDO UNIT 509 FIFTH FLOOR UNDIV 1.896 % INT IN COMMON ELEMENTS CLERKS FILES 69R-98129 & 69R- 151171 OR 21103-3876 020

Status Change Information

Major Change Timestamp: 2026-07-21T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-21

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 136.67

Section Details

Parcel Number MLX: 0450

Originating Details

Originating System Key: 534497242
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Elevator(s): Yes
Laundry: Yes
Parking: Yes

Association Fee Includes

Elevator: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pool Service: Yes
Roof Repairs: Yes
Trash: Yes

Dining Area

Dining/Living Room: Yes

Flooring

Tile: Yes

Parking Features

Assigned: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Heating

Electric: Yes

Water Access

None: Yes

Water View

Canal: Yes

Appliances

Dishwasher: Yes
Refrigerator: Yes

Construction Materials

Block: Yes

Interior Features

Elevator: Yes
Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Entry - Phone/Intercom: Yes
Security Fence: Yes

Waterfront Features

Canal Front: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes
Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes
Separate Tub: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: United Realty Group Inc.

Last Updated: July - 21 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

12590 NE 16th Avenue 509, North Miami, FL 33161 (MLS# A12057284)