11
Map
$315,000
●
Condo -
For Sale
650 NW 86th Pl #3101
Miami, FL 33126
2 Beds
2 Baths
845 Ft²
$2,366
Est. Monthly
$495
HOA / Fees
5.43%
Cap Rate
About This Property
Rented until August 2027 for $2200. Located in an excellent point
of the city, Two story townhome, 2/2 near Doral, Miami Airport,
major shopping center, expressways, buses. Complex resort style,
gated community with pool, clubhouse, playground. Investors are
welcome!! Low association fee. Tenant occupied
Unit Size
845 Ft²
Days on Market
145 days
Land Size
-
Price per sqft
$373
Property Type
Condo
Property Taxes
$324
HOA Dues
$495
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (Miami MLS #A12011807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Listed by Oceanica Real Estate, LLC | $315,000 | |
| Listed by Oceanica Real Estate, LLC | |||
| Sep 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 8, 2018 | Listed | $190,000 | |
| Listed | |||
| | |||
|
Located in excellent point of the city, Two story townhome, 2/2 near Doral, Miami Airport, major shopping center, expressways, buses. Complex resort style, gated community with pool, clubhouse, playground. Investors welcome!! Low association fee. The manager has listed the unit size as 845 square feet.
| |||
Property Highlights
Parking Available
Garage
Doorman
Air Conditioning
Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry
Appliances: Dishwasher, Microwave, Refrigerator
Flooring Type: Tile
Exterior Details
Has Property Attached
Square Footage: 845
Security Features: Complex Fenced, Guard At Site
Architectural Style: Garden Apartment
Year Built: 1987
Building Name: CORAL POINTE
Building Area Total: 845
Building Area Units: Square Feet
Construction Materials: Concrete Block With Brick
Patio and Porch Features: Porch
Lot Size Units: Square Feet
Financial Details
Tax Annual Amount: $3,888
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Other
HOA Fee: $495
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2023
|
2 Bed
|
2 Bath
|
859 ft²
|
$310,000
2 Bed
2 Bath
859 ft²
|
-
-
|
Jorge Gonzalez
Bravo & Partners Realty
| |
|
01/10/2022
|
2 Bed
|
2 Bath
|
859 ft²
|
$290,000
2 Bed
2 Bath
859 ft²
|
$270,000
-6.90%
03/22/2022
|
Eddie Rodriguez
Miami Real Estate Global, Inc
| |
|
12/06/2021
|
2 Bed
|
2 Bath
|
859 ft²
|
$240,000
2 Bed
2 Bath
859 ft²
|
-
-
|
Susana Barroso
Keller Williams Realty Premier
| |
|
01/04/2021
|
2 Bed
|
2 Bath
|
859 ft²
|
$210,000
2 Bed
2 Bath
859 ft²
|
-
-
|
Tatiana Diaz Perera Rodriguez
Florida Realty of Miami Corp
| |
|
10/27/2019
|
2 Bed
|
2 Bath
|
859 ft²
|
$220,000
2 Bed
2 Bath
859 ft²
|
-
-
|
Alejandro Bendayan
Berkshire Hathaway HomeServices Florida Realty
| |
|
08/08/2018
|
2 Bed
|
2 Bath
|
845 ft²
|
$190,000
2 Bed
2 Bath
845 ft²
|
$189,000
-0.53%
11/15/2018
|
Adalberto Rodriguez
| |
|
08/08/2018
|
2 Bed
|
2 Bath
|
859 ft²
|
-
2 Bed
2 Bath
859 ft²
|
-
-
|
-
| |
|
08/08/2018
|
2 Bed
|
2 Bath
|
845 ft²
|
-
2 Bed
2 Bath
845 ft²
|
-
-
|
-
| |
|
03/01/2010
|
2 Bed
|
2 Bath
|
859 ft²
|
$105,000
2 Bed
2 Bath
859 ft²
|
$94,000
-10.48%
06/22/2010
|
Alan Moreno
Happy Homes Florida Real Estate
| |
|
03/12/2008
|
2 Bed
|
2 Bath
|
859 ft²
|
$153,900
2 Bed
2 Bath
859 ft²
|
$156,900
+1.95%
07/03/2008
|
Elizabeth Blake
United Realty Group Inc
|
Building Info
650 Northwest 86th Place
650 Northwest 86th Place, Miami, FL 33126
- 1 Unit for Sale
About Fountainbleau
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Listed by: Johanna Bassols
Oceanica Real Estate, LLC
Last Updated: 3 days ago
Data Source: Miami MLS, MLS# A12011807
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Oceanica Real Estate, LLC
Last Updated: 3 days ago
Data Source: Miami MLS, MLS# A12011807
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017