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Condominium at 1300 NE 191st St # A112, Miami FL 33179Active
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Waterfront · Condominium
$234,900$221 / sqft

1300 NE 191st St # A112, Miami FL 33179

2
Bedrooms
2
Bathrooms
1,061 sqft
Interior
1967
Year built
$510 / mo
HOA
Condominium
Type

About this home

Beautiful and well-maintained 2-bed/2-bath waterfront condo offering immediate income and strong long-term stability. This first-floor unit features updated flooring, modern lighting, a bright and clean interior, a renovated kitchen with wood cabinetry and granite countertops and NEW stainless-steel appliances, spacious bedrooms with excellent closet space including a walk-in closet, and two updated bathrooms. Enjoy a screened patio with peaceful lake views, perfect for relaxing or working from home. The property is tenant-occupied at $2,300/month with a lease in place through May 2027, providing guaranteed cash flow for investors seeking security and performance. No rental restrictions and no age restrictions — rent from day one with full flexibility. The community offers green areas, laundry facilities, and convenient access to Aventura, shopping, dining, major highways, and the beaches. All ages. The condominium maintains reserves, and there are no special assessments in place. *****The owner is willing to offer seller financing to full-price offers, with terms to be negotiated according to the buyer’s creditworthiness.******* A move-in ready, income-producing waterfront unit with excellent upside and long-term stability.

Features

  • First Floor Entry
  • Screened Balcony
  • Lake

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,698

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

Principal & interest
$1,188
HOA
$510 / 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
Global Exclusive Realty Corp

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.