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Condominium
$214,900$367 / sqft
10581 SW 155th Pl # 1604, Miami FL 33196
Listed
1
Bedrooms
1
Bathrooms
586 sqft
Interior
1988
Year built
$551 / mo
HOA
Condominium
Type
About this home
LOCATION, COMFORT & INVESTMENT OPPORTUNITY! Discover this charming 1-bedroom, 1-bathroom condo offering 586 sq. ft. of living space in the desirable Hammocks area! Enjoy the privacy of having NO NEIGHBORS ABOVE YOU and relax on your screened-in balcony. The bathroom was remodeled approximately 5 years ago, while the A/C and water heater are both under 5 years old. Enjoy the convenience of a NEWER WASHER & DRYER (under 1 year old) inside the unit, a spacious walk-in closet, TWO ASSIGNED PARKING SPACES, and plenty of guest parking! Conveniently located near shopping, dining, parks, and major roadways. Currently tenant-occupied at $1,900/month with a lease through April 2027, offering immediate rental income for investors or an opportunity for buyers planning ahead for future occupancy. A fantastic combination of convenience, privacy, and income potential. Schedule your private showing today! ASSOCIATION HAS RESERVES!!!
Features
- Second Floor Entry
- No Additional Rooms
- Barbeque
- Screened Balcony
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
- Okay To Lease 1st Year
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 $1,950–$3,400.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.