2385 NW 11th St # B16, Miami FL 33125 | Miami-Dade County | A11985965

2385 NW 11th St # B16, Miami FL 33125

Active Residential Active

$175,000

7 More

Type
Condominium

1
Bedroom

1
Bathroom

0
Garage

510 Sq Ft
Area Size

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Active Residential Active

2385 NW 11th St # B16, Miami FL 33125 | Miami-Dade County | A11985965

2385 NW 11th St # B16, Miami FL 33125

$175,000

Description

COMPETITIVE NEW PRICE. opportunity to own a centrally located 1-bedroom, 1-bathroom unit in the heart of Miami at an affordable price point under $200,000. Situated on the first floor of a well-maintained, gated community, this unit offers convenience and accessibility. The apartment features a private balcony overlooking the pool area and includes one assigned parking space. The location is a standout—just minutes from major expressways, close to the hospital, near LoanDepot Park (Marlins Stadium), and also within easy reach of the new Inter Miami Soccer Stadium—providing quick access to Downtown Miami, Coral Gables, and surrounding areas. Ideal for commuters or anyone seeking central access to the city. The unit is in modest condition and presents a great opportunity for updates and customization. Currently tenant-occupied by a long-term resident of 16 years paying $1,600/month, making it an attractive option for investors seeking immediate rental income. Perfect for investors or buyers looking for value, location, and long-term potential in Miami’s metropolitan area.

Property Overview

This 1-bedroom, 1-bathroom condo is part of the Sanderling Apts Condo building, located at 2385 NW 11th St # B16 in Miami. Built in 1972, it offers 510 square feet of living space on the first floor of a well-maintained, gated community. The unit includes a private balcony overlooking the pool area and comes with one assigned parking space. The home is currently in modest condition and presents an opportunity for updates and personalization. The location is a major asset, with easy access to major expressways, making it ideal for commuters. Nearby landmarks include LoanDepot Park (Marlins Stadium) and the upcoming Inter Miami Soccer Stadium, with Downtown Miami and Coral Gables just minutes away. The unit is situated in a convenient, central part of the city, close to a hospital and other essential services. Currently, the unit is occupied by a long-term tenant who has lived there for 16 years and pays $1,600/month in rent, making this an appealing option for investors seeking immediate rental income. With an HOA fee of $423 and a competitive price of $175,000, this is an affordable opportunity to own a centrally located condo in a stable, gated building.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

The unit has one bedroom and one full bathroom.

What is the size of the living area?

The unit has a living area of 510 square feet.

What is the price and what is the HOA fee?

The unit is listed for $175,000, and the monthly HOA fee is $423.

Is there parking included?

Yes, the unit includes one assigned parking space.

Is the unit occupied, and what is the current rental income?

The unit is currently occupied by a long-term tenant who has lived there for 16 years and pays $1,600 per month in rent.

What are the key location features of the property?

The unit is located in a gated community near major expressways, a hospital, LoanDepot Park (Marlins Stadium), and the new Inter Miami Soccer Stadium. It offers convenient access to Downtown Miami and Coral Gables.