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Active
Stock Cooperative
$65,000$94 / sqft

16900 NE 14 # 109, Miami FL 33162

1
Bedrooms
1
Bathrooms
688 sqft
Interior
1965
Year built
$750 / mo
HOA
Stock Cooperative
Type

About this home

1BR/1BA in the gated 55+ community of Mar-Len Gardens, offered at just $65,000. Bright unit with tile floors throughout and modern furniture only 1 year old. Enjoy a true resort-style lifestyle with 2 pools, clubhouse, gym, library, card room, shuffleboard, bocce & more. Prime location—minutes to shopping, dining, airports & only 3 miles to the beach. Co-op with land lease (41 years remaining). Cash purchase only. No rentals first year; thereafter up to 1x/year (max 4 months)

Features

  • First Floor Entry
  • Exterior Cat Walk
  • Barbeque
  • Screened Balcony
  • Garden View
  • Pool Area View

Estimated loan & HOA

$1,079

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

Principal & interest
$329
HOA
$750 / 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
Yaffe International 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.