Condo in 1500 NE 127th Street 314, North Miami, FL 33161 for sale with MLS# A12090062
Great Investment Opportunity in a Prime North Miami Location! Beautiful 1-bedroom, 1-bathroom condo located on the third floor, ideally situated near the former Johnson & Wales University campus, US-1, and Downtown North Miami. This well-maintained residence features tile flooring throughout, central A/C, and a spacious, full-length patio extending across the entire unit-perfect for relaxing or entertaining. The apartment offers an excellent opportunity to add your personal touch. Enjoy one assigned parking space, elevator access, laundry facilities on every floor, and a well-managed community featuring a swimming pool and welcoming residents of all ages. Water and sewer are included in the maintenance fee. Excellent opportunity for investors! The property is currently rented for $1,500 per month through December 2027, providing immediate rental income. Although the community has an 18-month rental restriction, the existing tenant will remain in place through the end of the current lease, making this an attractive opportunity for an investor seeking a property with established rental income. Seller is motivated! Conveniently located and full of potential, this North Miami condo is an opportunity worth exploring.
1500 NE 127th Street 314, North Miami, FL 33161
- Price:
- $130,000.00
- Original List Price:
- $130,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $194.61
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 9, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Other
- Living Area:
- 668 Sqft
- Built-Up Area:
- 668 Sqft
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Security:
- Key Card Entry, Security Fence
- Appliances:
- Dishwasher, Microwave, Refrigerator, Electric Range
- Interior:
- Elevator
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Other
- Fence:
- Fenced
- Unit Description:
- Penthouse
- Year Built:
- 1964
- Levels:
- Two
- Construction Materials:
- Other
- Flooring:
- Ceramic Tile
- Number of stories:
- 3
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $2,644.00
- Tax Year:
- 2025
- Association Fee:
- $399.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Laundry, Maintenance
- Subdivision Name:
- 1500 CORAL TOWERS CONDO
- Association Fee Includes:
- Sewer, Water
- Senior Community:
- No
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 365
- Other Leasing Restrictions:
- Leasing Prohibited 1st 2 Years
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 1500 CORAL TOWERS CONDO APT 314 THIRD FLOOR UNDIV 2.32% INT IN COMMON ELEMENTS CLERKS FILE 65R-31624 OR 20650-2902 0802 1 COC 23958-2975 11
- Real Estate Folio Number (Parcel Number):
- 0622290650410
- Elementary School:
- David Lawrence Jr. K-8
- High School:
- Alonzo And Tracy Mourning
- Middle Or Junior School:
- North Miami
- Active on the market since:
- October 9, 2026
- Listing Agreement executed on:
- October 9, 2026
- Listing Status Last Changed On:
- October 9, 2026 4:00 am
- Photos updated on:
- October 16, 2026 6:50 am
- Last Modified:
- October 16, 2026 1:05 pm
- Courtesy of:
- Paz Global, Inc.
- Attribution:
- Not provided
- Floor Number:
- 3
- Street Name:
- 127th
- Street Number:
- 1500
- Unit Number:
- 314
- City:
- North Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 53' 33.1''
- Longitude:
- W81° 49' 54.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates