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Active
Condominium
$330,000$474 / sqft

117 NW 42nd Ave # 602, Miami FL 33126

1
Bedrooms
1
Bathrooms
696 sqft
Interior
2006
Year built
$440 / mo
HOA
Condominium
Type

About this home

Mediterranea Condo Unit 602—bright and spacious 1-bedroom, 1-bathroom condo in a prime Miami location! This inviting unit features a modern kitchen with granite countertops, stainless steel appliances, and a convenient bar-height counter perfect for dining or entertaining. Enjoy abundant natural light, tile flooring throughout, and a spacious bathroom with ample vanity space and a full-size tub. Additional features include an in-unit washer and dryer, central A/C, and one assigned parking space. The building offers resort-style amenities including a pool, gym, and sauna, as well as 24-hour security for added peace of mind. Conveniently located just minutes from Coral Gables, Miami International Airport, major highways, shopping, dining, and more. A great opportunity to own in the heart of Miami. Schedule your showing today!

Features

  • Lobby
  • Elevator
  • Walk-In Closet(s)
  • Open Balcony
  • Other View

Estimated loan & HOA

$2,109

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,669
HOA
$440 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Lifestyle International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.