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Waterfront · Condominium
$200,000$198 / sqft
2640 NE 135th St # 312, North Miami FL 33181
Listed
1
Bedrooms
2
Bathrooms
1,010 sqft
Interior
1972
Year built
$564 / mo
HOA
Condominium
Type
About this home
Imagine starting your day with a coffee on your private balcony overlooking Arch Creek Preserve. Then finish your day with peaceful water views & watching the sunset from your pool overlooking the Intracoastal Waterway. Welcome to Keystone Bay, where waterfront living meets comfort, convenience, and exceptional value. This spacious 1-bedroom, 1.5-bath residence offers over 1,000 square feet of well-designed living space, providing room to relax, entertain, or work from home. The bright, open layout maximizes natural light while creating a warm and inviting atmosphere. Enjoy the community pool, tranquil waterfront setting, and the rare privacy of overlooking a protected natural preserve instead of neighboring buildings. Ideally located near Bal Harbour, Aventura, beaches, shopping, dining, FIU Biscayne Bay Campus, and major highways, this home is perfect as a primary residence, vacation getaway, or investment property. If you've been searching for affordable waterfront living in one of North Miami's most desirable locations, this is an opportunity you won't want to miss. Some photos have been virtually staged using AI technology.
Features
- Lobby
- First Floor Entry
- Elevator
- Open Balcony
- Other
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.