ActivePhoto 1 of 5
1999 NW 5th Pl # 2, Miami FL 33136
About this home
Incredible opportunity in the heart of Miami! This spacious 3-bedroom, 1-bath condo offers 1,027 sq ft of comfortable living in a secure, gated community — ideal for a first-time home buyer or as a cash-flowing rental. Leasing is allowed, making it a smart pickup for investors seeking strong rental demand in one of the city's most central locations. Just minutes from Miami International Airport, Jackson Memorial Hospital, Miami Dade College, Downtown, Brickell, and world-famous beaches. Features include central A/C and heat, tile flooring throughout, in-unit washer/dryer hookups, a dishwasher, refrigerator, covered carport parking, and a pet-friendly policy. Low-maintenance living with unbeatable access to highways and everything Miami has to offer. Bring all offers — easy to show and ready for its next owner!
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,512
- HOA
- $430 / 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.
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.
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.