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Waterfront · Condominium
$135,000$193 / sqft
1801 NE 140th St # 108, North Miami FL 33181
Listed
1
Bedrooms
1
Bathrooms
700 sqft
Interior
1972
Year built
$561 / mo
HOA
Condominium
Type
About this home
**VALUE-ADD OPPORTUNITY IN NORTH MIAMI!** Tucked away at the end of a quiet dead-end street, this spacious 1-bedroom, 1-bath condo offers potential for investors and value-oriented buyers. Featuring approximately 700 sq. ft., the unit boasts a generous living and dining area opening to a private balcony overlooking the creek and lush mangroves, creating a tranquil setting in North Miami. The oversized bedroom features a large walk-in closet, while tile flooring and ample kitchen cabinetry provide a foundation for future improvements. Priced to reflect its condition, this property requires substantial renovations and offers an opportunity to customize, restore, and build equity. An affordable entry point for buyers with the vision to recognize its potential!Just blocks from US-1 with convenient access to Aventura, Aventura Mall, beaches, shopping, dining and everyday essentials including Costco, Publix and Target. Woodcreek is a smaller condominium community surrounded by mature greenery and featuring a community pool. Unit comes with assigned covered parking space. Guest Parking available. Garage is 1st level under building. Unit 108 is really on second floor. Washers and Dryers right across from unit. Closest unit to elevator for easy move in. Must own for 1 year before renting. Can be leased 1x per year. NO short term rentals allowed. Only cats allowed. Must in inside at all times.
Features
- Interior Hall
- Second Floor Entry
- West Of Us1
- Open Balcony
- Canal
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
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.