505 NW 177th St # 126, Miami Gardens FL 33169 | Miami-Dade County | A12021581

505 NW 177th St # 126, Miami Gardens FL 33169

Active Residential Active

$214,900

8 More

Type
Condominium

2
Bedrooms

2
Bathrooms

2
Garages

990 Sq Ft
Area Size

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Active Residential Active

505 NW 177th St # 126, Miami Gardens FL 33169 | Miami-Dade County | A12021581

505 NW 177th St # 126, Miami Gardens FL 33169

$214,900

Description

Rare opportunity to own one of the largest units in the building. A spacious 2/2 that can easily be converted to a 3 bed /2 bath. Measuring about 990 sq ft in an exceptionally well-managed community. The unit is currently tenant-occupied with over 10 months remaining on the lease and paying $2,000/month and cash flowing from day one, making this a turnkey investment with immediate returns.

The HOA fee reflects a recent assessment covered impact windows, new AC systems, and major capital improvements throughout the property. That work is done and paid for. What you’re buying into is a building that’s already been upgraded, not one that’s about to hit you with special assessments.

Whether you’re an investor looking for a high-performing rental or an end user ready to move into a well-maintained and upgraded building, this one checks every box.

***If you are looking to finance, we will provide borrower credits if the buyer chooses our preferred lender.

Property Overview

This 2-bedroom, 2-bathroom condo in the New World Condo IV building offers 990 square feet of living space — one of the larger units in the building. Located at 505 NW 177th St #126 in Miami Gardens, the unit is currently occupied under a lease with more than 10 months remaining and is generating $2,000 per month in rent. The layout is flexible and can be easily converted into a 3-bedroom, 2-bathroom configuration, adding to its appeal for both buyers and investors. The building has recently undergone significant upgrades, including new impact windows, new air conditioning systems, and other major capital improvements. These upgrades are already completed and fully paid for, meaning the current HOA fee of $674 reflects those improvements without the risk of additional assessments. The unit is move-in ready and well maintained, with all the modern essentials already in place. The New World Condo IV is part of the NEW WORLD CONDO APTS IV subdivision and is situated in Miami Gardens, a growing area with access to major highways and nearby amenities. Whether you're purchasing for investment or looking for a place to live, this is a solid, well-maintained option in a stable, upgraded building. For more details or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

The unit has 2 bedrooms and 2 full bathrooms.

What is the square footage of the unit?

The unit is approximately 990 square feet.

Is the unit currently occupied, and if so, for how long is the lease?

Yes, the unit is currently occupied, and the lease has over 10 months remaining.

What does the HOA fee cover, and has there been any recent assessment?

The HOA fee covers building maintenance and amenities. There was a recent assessment to cover impact windows, new AC systems, and major capital improvements, which have already been completed.