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$41,000
● Condo - Off Market

#D402

North Miami, FL
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$126,751
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

SHORT SALE IN A CONDO CONVERSION. 6 STORY BUILDING ON 10 ACRES OF LUSH LANDSCAPING, BEAUTIFUL CLUB HOUSE WITH OVERSIZED POOL, GYM, TENNIS AND BASKET BALL COURT. FINAL SELLING PRICE AND COMMISSION IS SUBJECT TO LENDERS APPROVAL AND COMMISSION TO BE SPLITTE D 50/50 BETWEEN SELLING AGENT  AND LISTING AGENT.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
Condo
Property Taxes
$217
HOA Dues
$372
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (Beaches MLS #H865324)

Price History

Date / Event Date Event Price
Aug 30, 2010 Sold
Premium
Sold
Aug 12, 2009 Listed by City Real Estate of South Fla $59,000
Listed by City Real Estate of South Fla

Property Highlights

Parking Details
Parking Features: Assigned Parking
Interior Details
Full Bathrooms: 1
Interior Features: Other Interior Features
Appliances: Dishwasher, Electric Range, Refrigerator
Flooring Type: Carpeted Floors
Exterior Details
Listing Terms: Conventional
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $2,606
Tax Year: 2008
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Ceiling Fans
Location Details
Location: COMPLEX IS LOCATED CLOSE TO 195.
Subdivision Complex Building: Montecarlo
HOA Details
HOA Fee: $372 Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Alvaro Ortiz
City Real Estate of South Fla
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H865324
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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