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Active
Condominium
$195,000$239 / sqft

1225 NE 124th St # 49C, North Miami FL 33161

2
Bedrooms
1
Bathrooms
815 sqft
Interior
1972
Year built
$740 / mo
HOA
Condominium
Type

About this home

JUST REDUCED !!! Spacious 2BR/1BA corner unit located on the 4th floor with no upstairs neighbors—offering a quiet and peaceful living environment. Ideal investment opportunity. Unit features an ample private balcony, perfect for relaxation. Well-maintained, secure building with controlled phone-entry lobby and gated access. Enjoy the convenience of an on-site pool and only 4 floors total, creating a low-density, quiet atmosphere. Situated on a low-traffic street in a serene neighborhood, yet centrally located just minutes from Biscayne Park, Bal Harbour, Surfside Beach, Whole Foods Market, The Home Depot, dining, shopping, Walgreens, and easy access to US-1. Excellent location combining tranquility and accessibility.There are some stage pictures.

Features

  • Interior Hall
  • Lobby
  • First Floor Entry
  • Other
  • Screened Balcony
  • Other View

Estimated loan & HOA

$1,726

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

Principal & interest
$986
HOA
$740 / 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
BrokerNation Real Estate

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.