All listings
Active
Active1 / 2
Photo 1 of 2
Waterfront · Condominium
$149,000$170 / sqft
12590 NE 16th Ave # 210, North Miami FL 33161
Listed
1
Bedrooms
1
Bathrooms
878 sqft
Interior
1969
Year built
$878 / mo
HOA
Condominium
Type
About this home
Located in a well-kept building in North Miami, just minutes from Biscayne Blvd, FIU, shops, restaurants, and major highways. Ideal for investors or owner-occupants. Strong rental area with high demand. Unit is vacant and ready for immediate occupancy. Special assessment for major improvements is ongoing, and work is in the final stage Special assessment details monthly payment: $450.00, initial loan balance $38,648.00 Interest Rate 6.85% Term 20 years (started December 2023) Total to be payee Over Term (Dec 2043): $50,000.00, full monthly amortization available upon request
Features
- Second Floor Entry
- Elevator
- Canal
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
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–$3,495.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.