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Condominium
$120,000$196 / sqft
12500 NE 15th Ave # 312, North Miami FL 33161
Listed
0
Bedrooms
1
Bathrooms
612 sqft
Interior
1972
Year built
$645 / mo
HOA
Condominium
Type
About this home
Bright and inviting studio condo at Three Horizons East in the heart of North Miami! Located at 12500 NE 15th Ave, this well-designed 612 SF residence offers a surprisingly spacious layout with an open living and sleeping area, updated flooring, a functional kitchen with breakfast bar, and peaceful garden views. Situated on the third floor of a six-story building, the unit includes one assigned carport parking space and offers an excellent opportunity for an owner-occupant, seasonal residence, or investment property. Conveniently positioned near Biscayne Boulevard, Aventura, Bal Harbour, Miami Shores, beaches, shopping, dining, parks, and major roadways, with easy access throughout Miami-Dade County. A compelling combination of location, space, and value in North Miami. Schedule your showing today!
Features
- Interior Hall
- Lobby
- First Floor Entry
- Bar
- Closet Cabinetry
- Elevator
- Walk-In Closet(s)
- None
- Barbeque
- Open Balcony
- Garden View
Leasing
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.