1090 NE 129th St # 205, North Miami, FL 33161

Description of 1090 NE 129th St # 205, North Miami, FL 33161

CASH ONLY – INVESTOR SPECIAL! Excellent income-producing opportunity in a highly investor-friendly building. Due to the high percentage of rental ownership, financing is not available, making this a cash-only purchase. The unit is currently tenant-occupied on a month-to-month lease paying $1,200/month, providing immediate rental income from day one while offering flexibility for future rent increases or occupancy plans. This bright and spacious 1-bedroom, 1-bath corner unit features abundant natural light, a private balcony, tile flooring throughout, and recently updated A/C and water heater, helping minimize future maintenance expenses. The well-maintained building offers reserves, covered parking, on-site laundry facilities, and security camera monitoring. Located in a high-demand rental market with convenient access to major highways, shopping, dining, and everyday conveniences. Low HOA fees enhance overall returns and make this an attractive addition to any investment portfolio. Whether you're looking for a stable cash-flowing asset or a value-add investment with upside potential, this property presents an outstanding opportunity. With immediate income in place and room to optimize rents, investors can capitalize on both current returns and future appreciation.

Property Details for 1090 NE 129th St # 205, North Miami, FL 33161

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Second Floor Entry

Appliances

Electric Range, Refrigerator

Flooring

Ceramic Floor

Heating

Central

Cooling

Central Air

Architectural Style

Corner Unit

Garage Spaces

1

Parking Features

Attached Carport, 1 Space, Additional Spaces Available, Covered

Pool Private

No

Year Built Details

Effective Year Built

Building Information for 1090 NE 129th St # 205, North Miami, FL 33161

Building Name

Arch Creek Landing Condo

Building Area Total

583

Building Area Units

Square Feet

Stories Total

3

Entry Level

2

Association

Yes

Association Fee

$408

Association Fee Frequency

Monthly

Association Amenities

Elevator(s)

Pets Allowed

No

Security Features

Other

Property Information for 1090 NE 129th St # 205, North Miami, FL 33161

Waterfront

No

View

Other View

Construction Materials

Other

Exterior Features

West Of Us1, Open Balcony

New Construction

No

Public Records for 1090 NE 129th St # 205, North Miami, FL 33161

Parcel Number

06-22-29-106-0130

Tax Annual Amount

$3,182

Tax Year

2024

Tax Legal Description

ARCH CREEK LANDING CONDO UNIT 205 UNDIV 6.1329% INT IN COMMON ELEMENTS OFF REC 23964-1943 COC 24476-2223 04 2006 1

County Or Parish

Miami-Dade County

Schools Near 1090 NE 129th St # 205, North Miami, FL 33161

Middle School

North Miami

School assignments are provided by the listing and should be independently verified.

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