12590 NE 16th Ave # 502, North Miami FL 33161 | Miami-Dade County

12590 NE 16th Ave # 502, North Miami FL 33161 | Miami-Dade County | A12077859

$95,000

Description

FOUR-PROPERTY INVESTMENT PORTFOLIO — PACKAGE SALE ONLY. DO NOT DISURB TENANTS.
This property is one of four separately identified properties being offered together as a single investment portfolio. TOTAL PACKAGE PRICE: $503,500. Seller is currently accepting offers only for the purchase of all four properties together. Individual offers for this property will not be considered at this time. Portfolio includes 15201 NE 6th Ave #C302, Miami, FL 33162; 12590 NE 16 Ave #206, North Miami, FL 33161; 12590 NE 6 Ave #502, North Miami, FL 33161 WHICH IS LEASED FOR $ 1,700/MTH UNTIL 05/31/2027. ; and 1885 NE 121st St #16, North Miami, FL 33181. See associated MLS listings A12077531, A12077859, A12077867, A12077874… Buyer to conduct independent due diligence and verify all property information.

Property Overview

This 882-square-foot one-bedroom, one-bathroom unit is part of a four-property investment portfolio currently offered as a single package for $503,500. Located in the CORONADO TOWERS building in North Miami, the home was built in 1969 and features shared amenities typical of the building. Monthly HOA fees are $431. The unit is being sold as part of a portfolio and is currently occupied under a lease agreement that runs through May 31, 2027. All four properties in the portfolio are in North Miami and have been listed separately on the MLS for reference. The current listing is for the property at 12590 NE 16th Ave #502. Interested buyers should be aware that offers are being accepted only for the full portfolio, not for individual units. More details and associated listings are available for review, and all information should be verified independently. For more information, contact 305-859-4733.

Frequently Asked Questions

Can I buy this property individually?

No, this property is being offered as part of a four-property investment portfolio. The seller is accepting offers only for the purchase of all four properties together. Individual offers will not be considered at this time.

Is the property currently rented?

Yes, this property is currently leased for $1,700 per month until May 31, 2027. Do not disturb the tenants.

What is the total price for the portfolio?

The total package price for all four properties is $503,500.

What is the monthly HOA fee?

The monthly HOA fee for this property is $431.

What is the size of the unit?

This unit has a living area of 882 square feet.

How old is the building?

The building, Coronado Towers, was constructed in 1969.

Monthly Fees & Carrying Costs

Association Fee	$431 / month
Condo Maintenance Fee	$812 / month
Total Monthly Fees	$1,243 / month

Fees with a non-monthly frequency are converted to a monthly equivalent in the total.

Membership Required: No
Application Fee: $150 (one-time)

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This listing is courtesy of Homes Real Estate Group Inc..

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