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.

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1500 NE 127th Street 314, North Miami, FL 33161

Price
Price:
$130,000.00
Original List Price:
$130,000.00
List Price per Sq Ft (Calculated, Approx.):
$194.61
Property Status and Type
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
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Other
Measures
Living Area:
668 Sqft
Built-Up Area:
668 Sqft
Property Features
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
Construction
Year Built:
1964
Levels:
Two
Construction Materials:
Other
Flooring:
Ceramic Tile
Number of stories:
3
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,644.00
Tax Year:
2025
Association Fee:
$399.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
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
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Public Schools Assigned
Elementary School:
David Lawrence Jr. K-8
High School:
Alonzo And Tracy Mourning
Middle Or Junior School:
North Miami
Listing History
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
Additional Information
Courtesy of:
Paz Global, Inc.
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

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

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128
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Ver la Propiedad Ver la propiedad 1500 NE 127th Street 314, North Miami, FL 33161
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.