498 NW 165th St Rd # 601, Miami FL 33169 | Miami-Dade County | A11880155

$159,900

Description

UNBEATABLE INVESTOR OPPORTUNITY – OVER 11% ROI! Beautifully renovated 2 bed / 2 bath unit leased at $2,520/month through March 2026 (renewable), delivering immediate income and approx. 11.32% return. Ideal for savvy investors seeking strong, consistent cash flow from day one. Spacious layout with updated kitchen, modern bathrooms, and new flooring throughout. Stable, long-term tenant already in place. Located in a gated community with resort-style amenities: Olympic-size pool, tennis & basketball courts, fitness center, picnic areas, clubhouse, and on-site laundry. High rental demand area near I-95, Palmetto & Turnpike just minutes from Aventura, Sunny Isles, hospitals, restaurants & shopping. Don’t miss one of the highest ROI properties in the area, fully turnkey and ready to earn!

Address

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Address: 165th St Rd
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33169
Area: MONTECARLO CONDO

Details

Updated on September 19, 2025 at 2:44 am

Property ID A11880155
Price $159,900
Property Size 1036 Square Feet
Bedrooms 2
Bathrooms 2
Garage 0
Year Built 1972
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Garden Apartment
AssociationAmenities Basketball Court, Barbecue, Child Play Area, Clubhouse-Clubroom, Laundry, Elevator(s), Exercise Room, Exterior Lighting, Private Pool, Tennis Court(s)
AssociationFee 808
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 1036
BuildingAreaUnits Square Feet
BuildingName MONTECARLO CONDOMINIUMS
CarportSpaces 0
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2025-09-17
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 1
Directions Please, use GPS.
ElementarySchool Lenti; Linda
EntryLevel 6
Flooring Ceramic Floor, Vinyl
Heating Central
HighSchool North Miami
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Common Area
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-547-2860
ListAgentEmail griselda@griseldasellsmiami.com
ListAgentFullName Griselda Krausse
ListAgentKey 23117d9325b75662ee18f2e7120d22fa
ListAgentMlsId 3320764
ListAgentOfficePhone 786-547-2860
ListAgentStateLicense 3320764
ListOfficeKey 4edd65484ec9641fb9f7de82cfa55ae3
ListOfficeMlsId RTKY01
ListOfficeName Real Broker LLC
ListOfficePhone 786-547-2860
ListOfficeURL www.griseldasellsmiami.com
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-09-17
ListingKey 30617388da5a24f16ccb2d9c86945800
ListingTerms Cash
LotSizeSquareFeet 0
MLSAreaMajor Montecarlo Condo
MajorChangeTimestamp September 17, 2025 at 10:03pm
MajorChangeType New
MiddleOrJuniorSchool Jefferson; Thomas
MlsStatus Active
ModificationTimestamp September 18, 2025 at 03:00am
OnMarketDate 2025-09-17
OriginalEntryTimestamp September 17, 2025 at 10:03pm
OriginalListPrice 159900
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-21-13-037-2670
ParkingFeatures 1 Space, Guest, Other
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp September 17, 2025 at 10:08pm
PhotosCount 13
Possession Funding
PriceChangeTimestamp September 17, 2025 at 02:54pm
PropertyCondition Updated/Remodeled
PublicSurveyRange 21
PublicSurveySection 13
PublicSurveyTownship 21
RoomsTotal 0
SecurityFeatures Guard At Site, Private Guards
ShowingContactType Agent
ShowingInstructions Call Listing Agent, Showing Assist
SourceSystemKey 420679655
StateOrProvince FL
StatusChangeTimestamp September 17, 2025 at 10:03pm
StoriesTotal 6
StreetDirPrefix NW
StreetName 165th St Rd
StreetNumber 498
StreetNumberNumeric 498
StructureType Condo 5+ Stories, Condo
SyndicationRemarks UNBEATABLE INVESTOR OPPORTUNITY – OVER 11% ROI! Beautifully renovated 2 bed / 2 bath unit leased at $2, 520/month through March 2026 (renewable), delivering immediate income and approx. 11.32% return. Ideal for savvy investors seeking strong, consistent cash flow from day one. Spacious layout with updated kitchen, modern bathrooms, and new flooring throughout. Stable, long-term tenant already in place. Located in a gated community with resort-style amenities: Olympic-size pool, tennis & basketball courts, fitness center, picnic areas, clubhouse, and on-site laundry. High rental demand area near I-95, Palmetto & Turnpike just minutes from Aventura, Sunny Isles, hospitals, restaurants & shopping. Don’t miss one of the highest ROI properties in the area, fully turnkey and ready to earn!
TaxAnnualAmount 2436
TaxLegalDescription MONTECARLO CONDO BLDG D UNIT 601 UNDIV 0.30341% INT IN COMMON ELEMENTS OFF REC 25291-2665
TaxYear 2024
UnitNumber D-601
View Garden View, Other View
YearBuiltDetails Resale