2
  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 1036 Sq Ft
  • Area Size
498 NW 165th St Rd # D401, Miami FL 33169 | Miami-Dade County | A11439714
  • $199,000

Description

Opportunity to invest in Miami! Spacious 2-bedroom, 2-bathroom unit featuring tile floors throughout and central A/C. Located in a gated community with 24/7 attended security. Property is currently rented for $1,590/month through September 2026 to a long-time tenant, making this a great investment opportunity with stable income from day one.

Property Overview

This is a 1,036-square-foot two-bedroom, two-bathroom condo in the Montecarlo building, built in 1972. The unit features tile floors throughout and central air conditioning, located within a gated community with 24-hour attended security. The property is currently occupied by a tenant under a lease that runs through September 2026, generating $1,590 in monthly rent. The asking price is $199,000 with a monthly HOA fee of $663.

Frequently Asked Questions

What is the current rental income for this condo?

The property is currently rented for $1,590 per month. The lease is in place through September 2026.

What are the monthly HOA fees and what do they include?

The monthly HOA fee is $663. The community is gated with 24/7 attended security.

Is the property move-in ready, or is it occupied?

The unit is occupied by a long-time tenant with a lease through September 2026. It is being sold as an investment property with that income stream in place.

What are the basic features of the condo?

It is a 1,036 square foot condo with 2 bedrooms and 2 full bathrooms. It has tile floors throughout and central air conditioning. The building was constructed in 1972.

What is the exact location?

The address is 498 NW 165th St Rd, Unit #D401, in Miami, FL 33169.

Monthly Fees & Carrying Costs

Association Fee $663 / month
Total Monthly Fees $663 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

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

Details

Updated on September 20, 2026 at 5:41 am
  • Property ID A11439714
  • Price $199,000
  • Property Size 1036 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 0
  • Year Built 1972
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Other View
  • Cooling Central Air, Electric
  • Heating Other
  • Tax Year 2024
  • Flooring Tile
  • Unit Floor 4
  • Unit Number D401
  • Building MONTECARLO CONDO
  • Garage Spaces 0
  • Listing Terms All Cash
  • Area Montecarlo Condo
  • Total Stories 6
  • Waterfront No
  • 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 663
  • Parking 1 Space, Assigned
  • Subdivision MONTECARLO CONDO
  • Annual Tax 2439
  • Year Built Details Resale
  • Building Area 1036
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Attached Yes
  • Bedroom Features Other
  • Amenities Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Restrictions Ok To Lease
  • Construction CBS Construction
  • Pets Allowed No
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Membership Purchase Required No

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