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Pending
Condominium
$297,000$261 / sqft

606 NW 107th Ave # 9B, Miami FL 33172

2
Bedrooms
2
Bathrooms
1,140 sqft
Interior
1975
Year built
$281 / mo
HOA
Condominium
Type

About this home

Excellent investment opportunity in a highly desirable central Miami location. This 2-bedroom, 1.5-bath unit offers strong rental potential with convenient access to major highways, dining, and everyday conveniences. Ideally situated just minutes from Florida International University and premier shopping destinations including Dolphin Mall and Miami International Mall, making it an attractive option for students, professionals, and long-term tenants alike. Centrally located near major business and retail corridors, this property presents a great opportunity for investors seeking consistent rental demand and long-term value growth.

Features

  • First Floor Entry
  • Other
  • Other View

Location

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

Estimated loan & HOA

$1,783

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

Principal & interest
$1,502
HOA
$281 / 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
Coldwell Banker Realty

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.