1475 NE 125th Ter # 604B, North Miami FL 33161 | Miami-Dade County | A11951196
- $165,000
- $165,000
Description
INVESTORS! Bright and spacious 1-bedroom, 1-bath condo in the heart of North Miami, kitchen with granite countertops, SS appliances. The open layout makes it perfect for both everyday living and entertaining. A large bedroom with spacious closet, and a private balcony with breathtaking skyline view, perfect for enjoying sunrise and sunset. Located on a high floor, offering enhanced views and abundant natural light. Gated community with pool, parking, laundry on every floor, and extra storage. Ideally near Biscayne Blvd, major highways, shopping, restaurants, Whole Foods, LA Fitness, and universities (FIU, Johnson & Wales). Minutes from beaches, fine dining, and luxury shopping. Low HOA and no special assessment. Quick HOA approval. Tenant occupied until 11/30/2026. Tenant would renew the lease after the date expiration.
Property Overview
This is a 1-bedroom, 1-bath home of about 623 square feet at 1475 NE 125th Ter # 604B, North Miami FL 33161 (North Miami 33161), listed at $165,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $420.
The tax of record is $2,577 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $3,300/yr (≈ $275/mo); with the homestead exemption on a primary residence, about $2,300/yr (≈ $192/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 $165,000. This specific unit is listed as furnished, so its furniture and contents would convey, along with all installed fixtures and built-in appliances.
Community amenities like the on-site pool are shared through the HOA and do not convey with the property. For a precise verification of what is included in this sale, contact Christopher Lazaro, North Miami Real Estate Broker Associate.
Where exactly is it, and what should I know about the location?
The property at 1475 NE 125th Terrace, Unit 604B is in North Miami, Florida 33161. This location is part of the coastal corridor between Miami and Fort Lauderdale.
For a detailed discussion of the area's specific attributes and transportation routes, you should contact Christopher Lazaro, North Miami Real Estate Broker Associate.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this condominium is $420. This fee covers Air Conditioning Maintenance, All Amenities, Common Area upkeep, and Elevator service as recorded for the association.
The community is also governed by North Miami city ordinances, which can affect property use. You can review the municipal code online. For a complete verification of all financial obligations and rules, contact Christopher Lazaro, North Miami Real Estate Broker Associate, directly.
What are the property taxes and homestead implications?
The tax of record is $2,577 for 2025. As an estimate only, Florida reassesses at sale; at the $165,000 list price, annual property taxes could be approximately $3,300 without a homestead exemption, or approximately $2,300 with one. The homestead exemption lowers the taxable value for a primary residence.
These are estimates, not quotes. Verify all figures with the Miami-Dade Property Appraiser and a tax professional by contacting Christopher Lazaro, North Miami Real Estate Broker Associate.
Is the home in a flood zone, and what does that mean?
This property is located in a high-risk flood zone according to FEMA. You can review FEMA's flood zone definitions and view the FEMA flood map for this address. For a purchase in this area, a lender will require a separate flood insurance policy.
To get a precise assessment of the insurance implications for this specific condominium, contact Christopher Lazaro, North Miami Real Estate Broker Associate, for verification.
Are pets allowed?
This is a single-family home. There is no condo or HOA board setting a pet policy; the owner decides, subject to local ordinances and any existing lease terms.
Documented service and emotional support animals are protected under separate federal law. For definitive verification on this property, contact Christopher Lazaro, North Miami Real Estate Broker Associate.
How is the price set and is there room to negotiate?
The broader market context is measured. Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract. For a precise unit-specific valuation, I prepare a comparative market analysis using recent closed sales in this building and vicinity.
A North Miami-specific CMA is essential before determining your offer strategy. To verify the data and discuss negotiation parameters, reach Christopher Lazaro, North Miami Real Estate Broker Associate.
What financing step do you recommend before touring?
Before touring any property, I recommend securing a pre-approval from a Florida-licensed mortgage originator. This step clarifies your budget and strengthens your position as a serious buyer. You can begin that process with a qualified professional at https://Get-PreApproved.com. For a detailed review of your specific financing position, contact Christopher Lazaro, North Miami Real Estate Broker Associate.
Monthly Fees & Carrying Costs
| Association Fee | $1,260 / quarter ($420/mo) |
| Total Monthly Fees | $420 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this North Miami listing?
Talk directly with Christopher Lazaro, your North Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 125th Ter
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City: North Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33161
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Area: 1475 TERRA TOWERS CONDO
Details
Updated on July 15, 2026 at 9:44 pm-
Property ID A11951196
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Price $165,000
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Property Size 623 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Garage 0
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Year Built 1968
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Tub
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Cooling Ceiling Fan(s), Central Air
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Association Type Homeowners
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Building TERRA TOWERS CONDO
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Association Fee Frequency Quarterly
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Area 1475 Terra Towers Condo
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Annual Tax 2577
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Association Yes
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Elementary School David Lawrence Jr K-8
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision 1475 TERRA TOWERS CONDO
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Total Stories 6
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Restrictions Corporate Buyer OK
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Maintenance Includes Air Conditioning Maintenance, All Amenities, Common Area, Elevator
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Amenities Pool
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Parking 1 Space
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 623
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Covered Spaces 0
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Middle School North Miami
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Unit Floor 6
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View Other View
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Year Built Details Effective Year Built
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Pets Allowed Yes
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Attached Yes
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Unit Number 604B
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 0
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Style Condo 5+ Stories
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Association Fee 1260
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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