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2
Bedrooms
1
Bathrooms
891 sqft
Interior
1990
Year built
$212 / mo
HOA
Condominium
Type
About this home
Welcome to this move-in-ready, first-floor corner condo in the highly sought-after Royal Palm Place Condominium community, ideally located in the heart of Kendall! This inviting 2-bedroom, 1-bath residence offers a bright and functional layout with spacious living areas and abundant natural light. In-unit washer & dryer. Two reserved parking spaces, including one covered space. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property offers exceptional value and convenience. The HOA includes water, sewer, and pest control, while residents enjoy community amenities including a swimming pool, playground, and gated entry. Ideally situated near shopping, dining, parks, schools, and major roadways, including Florida’s Turnpike, everything you need is within easy reach. With immediate leasing permitted, this condo presents an excellent opportunity for both owner-occupants and investors seeking rental potential. Explore the immersive 3D Virtual Tour and experience the home from anywhere. May Your Best Start Here!
Features
- First Floor Entry
- Built-in Features
- Utility Room/Laundry
- Other
- Garden View
- Other View
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.