1500 NE 127th Street 314, North Miami, FL 33161

$130,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12090062

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 668 Status: Active

Current Price: $130,000 List Date: 10/09/2026 Last Modified: 10/31/2026

Overview

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 l ... (Read more)

Listing Details MLS# A12090062

General Property Information

Unit Floor #: 3
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 668
Living Area Main: 668
Adjusted Area Main: 668
Year Built: 1964
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Stories Total: 3

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Sewer; Water Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Construction Materials: Other Cooling: Central Air Association Type: Condominium Fencing: Fenced Heating: Other Interior Features: Elevator Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Other Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: Key Card Entry; Security Fence Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Penthouse View: Garden; Pool Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 130000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1500
Street Direction Prefix: NE
Street Name: 127th
Street Suffix: Street
Unit Number: 314
City Name: North Miami
Municipal Code: 6
State Or Province: FL
Postal Code: 33161
Postal Code +4: 5238
Postal Zip: 33161
Subdivision Name: 1500 CORAL TOWERS CONDO
Area: 2220
Elementary School: David Lawrence Jr. K-8
Middle Or Junior School: North Miami
High School: Alonzo and Tracy Mourning
Special Assessment YN: No
Parcel Number: 0622290650410
Subdivision Number: 65
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 399
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 399
Membership Fee Required YN: No
Tax Annual Amount: 2644
Tax Year: 2025
Tax Legal Description: 1500 CORAL TOWERS CONDO APT 314 THIRD FLOOR UNDIV 2.32% INT IN COMMON ELEMENTS CLERKS FILE 65R-31624 OR 20650-2902 0802 1 COC 23958-2975 11

Status Change Information

Major Change Timestamp: 2026-10-09T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-16

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: 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: 194.61

Section Details

Parcel Number MLX: 0410

Originating Details

Originating System Key: 563538642
Originating System ID: M00000151

Listing Office: Paz Global, Inc.

Last Updated: October - 31 - 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.

1500 NE 127th Street 314, North Miami, FL 33161 (MLS# A12090062)