Exceptional Value & Investment Opportunity - Seller Motivated!This is one of the best value opportunities in the area, now offered at an exceptional price.1 Bedroom | 1.5 Bathrooms - Currently rented at $1,550/month to a reliable tenant, providing immediate rental income from day one-no vacancy, no guessing. Leasing is permitted immediately after purchase, making this an ideal turnkey investment. LEASE EXPIRES JAN 2027.This bright and spacious residence features beautiful panoramic views of Arch Creek State Park extending toward Sunny Isles. The generous floor plan includes a walk-in closet, private storage, abundant natural light, and the convenience of a half bath for guests.The building is currently undergoing its 40-year recertification while resort-style amenities are being upgraded. Residents enjoy covered parking, onsite management, 24-hour concierge service, and commercial spaces within the building. Location is everything. Ideally positioned across from Starbucks at Biscayne Blvd & NE 135th Street, this property is just minutes from Aventura Mall, Bal Harbour Shops, FIU, Barry University, beaches, and major highways. The surrounding area is experiencing significant transformation with numerous luxury residential developments, bringing new investment, infrastructure, and long-term appreciation potential. Serious offers will be considered.
| MLS # | A12053401 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $787 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 110 |
| Listing Provided By | Semsch Realty | Viviana Klinar |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 740 |
| Garage | 1 |
| Story(s) | 18 |
| Property View | Yes |
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 2232 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33181 |
| Area | 2220 |
| Community Name | SAILBOAT CAY CONDO |
| Listing VS Median (in SAILBOAT CAY CONDO) | |
Price: $125,000 low | high Med: $151,250 sqft: 740 low | high Med: 820 $ / sqft: $169 low | high Med: $186 On site: 110 low | high Med: 482 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33181 |
| Area | 2220 |
| Community Name | SAILBOAT CAY CONDO |
| Listing VS Median (in SAILBOAT CAY CONDO) | |
Price: $125,000 low | high Med: $151,250 sqft: 740 low | high Med: 820 $ / sqft: $169 low | high Med: $186 On site: 110 low | high Med: 482 | |