19
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 668 Sq Ft
  • Area Size
1500 NE 127th St # 314, North Miami FL 33161 | Miami-Dade County | A12090062
  • $130,000

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 lease, making this an attractive opportunity for an investor seeking a property with established rental income. Seller is motivated! Conveniently located and full of potential, this North Miami condo is an opportunity worth exploring.

Property Overview

This one-bedroom, one-bath condo at 1500 NE 127th St #314 in North Miami offers 668 square feet of living space on the third floor. Built in 1964, the unit features tile flooring, central air conditioning, and a full-length patio that extends across the width of the home. The building provides elevator access, on-site laundry facilities, and a swimming pool for residents. One assigned parking space is included with the property. The listing price is $130,000, and the monthly HOA fee is $399, which covers water and sewer. The property is currently occupied by a tenant under a lease that extends through December 2027, providing an existing rental income stream. If you need specific details regarding the lease terms, tenant status, or other non-public information, please call 305-859-4733 to speak with a representative.

Frequently Asked Questions

What are the basic features of this condo?

This property is a one-bedroom, one-bathroom condominium located on the third floor. It includes 668 square feet of living area, tile flooring throughout, central air conditioning, and a full-length patio that extends across the unit.

How much is the HOA fee and what does it cover?

The monthly HOA fee is $399. This maintenance fee includes water and sewer services.

What amenities and building features are available to residents?

Residents have access to a swimming pool, an elevator, and laundry facilities on every floor. The community is described as well-managed and welcomes residents of all ages.

Is parking included with the unit?

Yes, the property includes one assigned parking space.

Is the property currently occupied or rented?

The property is currently rented for $1,500 per month through December 2027. Although the community has an 18-month rental restriction, the existing tenant will remain in place through the end of the current lease.

Where is the condo located?

The address is 1500 NE 127th St # 314, North Miami, FL 33161. It is situated near the former Johnson & Wales University campus, US-1, and Downtown North Miami.

Monthly Fees & Carrying Costs

Association Fee $399 / month
Total Monthly Fees $399 / 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.

This listing is courtesy of Paz Global, Inc..

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 127th St
  • City: North Miami
  • Zip/Postal Code: 33161

Details

Updated on October 16, 2026 at 11:54 am
  • Property ID A12090062
  • Price $130,000
  • Property Size 668 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 1964
  • Property Status Active, Residential

Additional details

  • View Garden View, Pool Area View
  • Cooling Central Air
  • Heating Other
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Unit Floor 3
  • Unit Number 314
  • Building 1500 CORAL TOWERS CONDO
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional
  • Area 1500 Coral Towers Condo
  • Total Stories 3
  • Waterfront No
  • Association Yes
  • Full Bathrooms 1
  • Half Bathrooms 0
  • Covered Spaces 1
  • Style Condo 1-4 Stories
  • Private Pool No
  • Structure Type Condo 1-4 Stories, Condo
  • Association Fee 399
  • Parking 1 Space
  • Subdivision 1500 CORAL TOWERS CONDO
  • Annual Tax 2644
  • Elementary School David Lawrence Jr K-8
  • Year Built Details Resale
  • Building Area 668
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Attached Yes
  • Bedroom Features Other
  • Amenities Laundry, Pool
  • Restrictions Corporate Buyer OK, No Daily Rentals, No Lease-1st Year Owned, Ok To Lease
  • Middle School North Miami
  • Construction Other
  • Pets Allowed Yes
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Maintenance Includes All Amenities, Sewer, Water
  • Membership Purchase Required No

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