17
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1036 Sq Ft
  • Area Size
492 NW 165th St Rd # 515, Miami FL 33169 | Miami-Dade County | A12118044
  • $177,500

Description

Beautifully maintained 2-bedroom, 2-bathroom apartment located on the 5th floor, offering 1,036 sq. ft. of living space. Features an updated kitchen (2024), freshly painted interiors, and a brand-new water heater. Currently tenant-occupied, generating $1,800/month in rental income, with an existing lease through November 30, 2027. Excellent opportunity for investors seeking an income-producing property with an established tenant! Enjoy the amenities of this gated community, including 24-hour security, swimming pool, tennis and basketball courts, and on-site community laundry. Conveniently located near I-95, with easy access to shopping, dining, and entertainment. Don’t miss this opportunity!

Property Overview

This 2-bedroom, 2-bathroom condo at 492 NW 165th St Rd # 515 offers 1,036 square feet of living space on the fifth floor of the Montecarlo Condo building, which was built in 1972. The interior includes a kitchen updated in 2024, freshly painted walls, and a new water heater. Monthly HOA dues are $793. The unit is currently occupied by a tenant under a lease that runs through November 30, 2027, providing a documented rental income stream for a buyer. The property is listed for sale at $177,500. The gated community features 24-hour security, a swimming pool, tennis and basketball courts, and on-site laundry facilities. The location provides access to I-95, with nearby shopping and dining options. For specific details regarding the tenant or lease terms, please call 305-859-4733.

Frequently Asked Questions

What are the basic living details of this condo?

This is a 2-bedroom, 2-bathroom condo located in the Montecarlo building at 492 NW 165th St Rd # 515, Miami, FL 33169. The living area is 1,036 square feet, and the unit is on the 5th floor.

What is the asking price and what does the monthly HOA fee include?

The asking price is $177,500. The monthly Homeowners Association (HOA) fee is $793. The fee supports the gated community amenities, which include 24-hour security, a swimming pool, tennis and basketball courts, and on-site community laundry. For a detailed breakdown of what is included in the HOA budget, please call 305-859-4733.

Has the interior of the unit been updated recently?

Yes, the unit features an updated kitchen from 2024, freshly painted interiors, and a brand-new water heater.

Is the property currently occupied, and what is the rental situation?

The property is currently tenant-occupied and generates $1,800 per month in rental income. There is an existing lease in place through November 30, 2027.

When was the building originally constructed?

The Montecarlo condo building was built in 1972.

What are the access and location details for this property?

The property is located in a gated community in Miami. It is near I-95, providing access to nearby shopping, dining, and entertainment. For specific details on access points or building entry procedures, please call 305-859-4733.

Monthly Fees & Carrying Costs

Association Fee $793 / month
Total Monthly Fees $793 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

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This listing is courtesy of Miami Pro Brokers, LLC.

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: 165th St Rd
  • City: Miami
  • Zip/Postal Code: 33169

Details

Updated on November 5, 2026 at 7:38 pm
  • Property ID A12118044
  • Price $177,500
  • Property Size 1036 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Year Built 1972
  • Property Status Active, Residential

Additional details

  • View Garden View, Pool Area View, Tennis Court View
  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2026
  • Flooring Ceramic Floor
  • Unit Floor 5
  • Unit Number C-515
  • Building MONTECARLO CONDO
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional
  • Area Montecarlo Condo
  • Total Stories 6
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 793
  • Parking 1 Space, Additional Spaces Available, Assigned, No Rv/Boats
  • Subdivision MONTECARLO CONDO
  • Annual Tax 1684
  • Year Built Details Effective Year Built
  • Building Area 1036
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Attached Yes
  • Bedroom Features None
  • Amenities Basketball Court, Business Center, Clubhouse-Clubroom, Laundry, Exercise Room, Pool, Tennis Court(s)
  • Restrictions Other Restrictions
  • Middle School Jefferson; Thomas
  • Construction CBS Construction, Other
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Membership Purchase Required No

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