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2
Bedrooms
2
Bathrooms
1,125 sqft
Interior
1980
Year built
$364 / mo
HOA
Condominium
Type
About this home
Turnkey Investment Opportunity! Welcome to this well-maintained 2-bedroom, 2-bath condominium in the desirable Northlake Village at California Club. This income-producing property is tenant occupied with a lease in place through June 2027, providing immediate rental income with no vacancy concerns. Enjoy a spacious floor plan featuring a screened patio overlooking a pool and peaceful garden setting. Ideally situated just minutes from Aventura Mall, Gulfstream Park, Hard Rock Stadium, I-95, Florida's Turnpike, SR-826, shopping, dining, parks, and beautiful South Florida beaches. Whether you're a seasoned investor or looking to expand your real estate portfolio, this turnkey property offers stable income in a highly convenient South Florida location. Don't miss this exceptional investment opportunity!! Community benefits include but not limited to: Gated community, two pools, clubhouse, lakefront setting, assigned parking, and numerous guests' parking. Association dues covers the following exterior maintenance, landscaping, roof maintenance, insurance on the building, water, sewer, trash, and professional management. Special Assessment for $360 monthly
Features
- Second Floor Entry
- Screened Balcony
- Garden View
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.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.