PendingPhoto 1 of 40
Miami, FL, 33169
About this home
Come visit today! PET-FRIENDLY, INVESTOR-FRIENDLY COMMUNITY WITH NO RENTAL RESTRICTIONS! Discover Montecarlo, a gated community in North Miami that has been beautifully restored and revitalized. Surrounded by many new luxury communities, this centrally located neighborhood offers easy access to major highways connecting Miami-Dade and Broward Counties, while being just a short drive from the beach.Residents enjoy fantastic amenities, including a refreshing swimming pool, a modern fitness center, tennis courts, beautifully maintained indoor and outdoor common areas around the clubhouse, and 24-hour security for added peace of mind. This bright and spacious condo is move-in ready and features a unique oversized primary bedroom with a large walk-in closet. The unit offers abundant natural light, generous storage space, and the convenience of an in-unit washer and dryer. The building has been recently painted and restored, with new roofs that give the community a fresh, clean, and attractive appearance. Highlights: • No rental restrictions • No pet weight restrictions • Two assigned parking spaces, with the option to rent a third space through the HOA for only $40/month • Association has full reserves • Excellent opportunity for first-time homebuyers and investors. FHA and VA financing may be available—please verify with your preferred lender.
Features
- Elevator
- Walk-In Closet(s)
- Other
- Open Balcony
- Tennis Court(s)
- Garden View
- Skyline
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $708
- HOA
- $917 / 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.