20
  • Type
  • Condominium
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 0
  • Garage
  • 693 Sq Ft
  • Area Size
103 NW 6th Ave # 2, Miami FL 33128 | Miami-Dade County | A11962640
  • $189,900

Description

Investor Special with Immediate Cash Flow! This high-yield 1-Bed, 1-Bath residence is cleverly configured as a 2-Bed, 1-Bath, maximizing your rental return from day one. Generating $2,150/month with reliable, long-term tenants on a flexible month-to-month lease who are eager to stay. Located just minutes from Brickell, Downtown Miami, and the Miami River. Featuring central A/C, low HOA fees, and low property taxes, this property ensures strong margins. Needs TLC—perfect for an investor looking to capture instant equity and stable income in a prime location!

Property Overview

This is a 2-bedroom, 1-bath condominium of about 693 square feet at 103 NW 6th Ave # 2, Miami FL 33128 (Miami 33128), listed at $189,900.

Monthly Costs, Stated Plainly

The monthly HOA fee is $500.

The tax of record is $2,705 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $3,800/yr (≈ $317/mo); with the homestead exemption on a primary residence, about $2,800/yr (≈ $233/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $189,900. Built-in appliances and fixtures generally convey with the home, while exterior lighting is a shared community amenity and does not transfer to the owner. The MLS record does not state if the unit is furnished; you must confirm which specific items convey.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Where exactly is it, and what should I know about the location?

The property is located at 103 NW 6th Ave # 2, Miami FL 33128, positioned within the coastal corridor of Miami. This 2bd/1ba unit spans approximately 693 sqft and is listed at $189,900.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify location details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $500. This payment covers the common area, insurance, landscaping/lawn maintenance, laundry facilities, legal/accounting, sewer, trash removal, and water.

The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $2,705 (2025). As an ESTIMATE ONLY—Florida reassesses at sale—at this price and a Miami-Dade rate near 2.0%, taxes are about $3,800/yr (≈ $317/mo) without homestead and about $2,800/yr (≈ $233/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these figures.

Is the home in a flood zone, and what does that mean?

Flood zones identify areas at risk for flooding, which you can understand through FEMA definitions. Lenders often require flood insurance for properties in high-risk zones. View the FEMA flood map for this address to see the specific designation for this unit.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Are pets allowed?

Records indicate pets are not allowed or are heavily restricted at 103 NW 6th Ave # 2. Service animals are protected under the ADA and Fair Housing Act and generally cannot be categorically banned; they are treated as accessibility tools, similar to a wheelchair, rather than pets. Emotional Support Animals (ESAs) are protected under the FHA as reasonable accommodations with proper documentation, subject to association review and evolving 2026 HUD guidance. For more information, see this guide and this article.

Consult a Florida real-estate attorney for legal specifics. Contact Christopher Lazaro, Miami Real Estate Broker, to verify current rules.

How is the price set and is there room to negotiate?

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $189,900 price for this 693 sqft unit is derived from a Comparative Market Analysis of the building and vicinity.

I provide a Miami-specific CMA to buyers before they set an offer to ensure the value is accurate. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval before touring 103 NW 6th Ave # 2 to ensure your budget aligns with the $189,900 list price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to establish your buying power.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Monthly Fees & Carrying Costs

Association Fee $500 / month
Total Monthly Fees $500 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: 6th Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33128
  • Area: RIVER POINT CONDO

Details

Updated on June 30, 2026 at 9:46 pm
  • Property ID A11962640
  • Price $189,900
  • Property Size 693 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 1925
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Vinyl
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building RIVER POINT CONDO
  • Association Fee Frequency Monthly
  • Area River Point Condo
  • Annual Tax 2705
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision RIVER POINT CONDO
  • Total Stories 2
  • Restrictions No Daily Rentals, Ok To Lease
  • Maintenance Includes Common Area, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Sewer, Trash Removal, Water
  • Amenities Exterior Lighting
  • Parking None
  • Heating Central
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 693
  • Covered Spaces 0
  • Unit Floor 1
  • View Skyline
  • Year Built Details Effective Year Built
  • Pets Allowed No
  • Attached Yes
  • Unit Number 2
  • Half Bathrooms 0
  • Flood Zone AE
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 500
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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